UiPath Rises 6% But Faces Skeptics
UiPath shares closed at $10.27 Friday, up 6.2% but down 4.8% for the week and 37.3% year-to-date. RBC cut its price target to $12, maintaining a Sector Perform rating; FactSet’s analyst consensus remains Hold. UiPath will report fiscal Q1 results after markets close May 28. The company last week launched UiPath for Coding Agents, entering competition with Microsoft’s Copilot Studio.