Mizuho lowered the firm’s price target on UiPath to $14 from $25 and keeps a Neutral rating on the shares. While the company’s Q1 revenue was slightly ahead of consensus expectations, management significantly lowered its fiscal 2025 revenue growth guidance from 19% to 8%, citing pressures on multi-year deals due to macro challenges and execution issues, the analyst tells investors in a research note. The firm believes that lowering growth guidance, coupled with the CEO stepping down, has “derailed the recovery path” of UiPath and will further raise concerns among investors about demand.
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