William Blair Maintains a Hold Rating on UiPath Inc (PATH)

​UiPath Inc. (NYSE:PATH) is one of the Best Growth Stocks Under $25 to Buy Right Now. On October 10, Jake Roberge from William Blair maintained a Hold rating on UiPath Inc. (NYSE:PATH) without disclosing any price target.

​The rating comes after the firm met with the company’s management. Roberge noted the company highlighted adopting new AI solutions and forming new partnerships with major companies, including OpenAI, Nvidia, and Snowflake. The analyst noted that these are significant milestones for the company but are still in early stages.

​UiPath Inc. (NYSE:PATH) also discussed its adjustments to the company’s go-to-market strategy and the current demand situation in the industry, particularly within the public sector. The analyst highlighted that while the overall trajectory of the company is positive, the overall impact on the financial performance is still uncertain, thereby justifying his neutral stance.

​UiPath Inc. (NYSE:PATH) is an enterprise automation and AI company that uses robotic process automation and computer vision technology to automate tasks for businesses.

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Disclosure: None. This article is originally published at Insider Monkey.