UiPath price target raised to $30 from $29 at Scotiabank

Scotiabank raised the firm’s price target on UiPath to $30 from $29 and keeps a Sector Perform rating on the shares. FY25 annual revenue recurring , or ARR, guidance of 18% was above 17% consensus and operating margin guidance of 19% was “nicely above” the firm’s 17% estimate, says the analyst, who also notes that the company posted its “first-ever GAAP profitable” quarter. The firm maintains its Sector Perform rating as it awaits a better entry point.