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RBC Cuts UiPath (PATH) PT to $17 Highlighting 2026 as a Year of Divergence for Software Sector
Yahoo Finance· 2026-01-08 14:12
UiPath Inc. (NYSE:PATH) is one of the most buzzing stocks to invest in according to hedge funds. On January 5, RBC Capital lowered the firm’s price target on UiPath to $17 from $19, while keeping a Sector Perform rating on the shares. The firm suggested that 2026 will be a year of divergence for the software sector. Companies strategically positioned for enterprise AI adoption are expected to see clear tailwinds, while less prepared firms may struggle under the AI is the death of software narrative. Althou ...