Mizuho

Mizuho raised UiPath (NYSE:PATH) price target to $16 and maintain its neutral rating

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Mizuho analyst Siti Panigrahi will raise its price target on UiPath (NYSE:PATH) to $16 from $15 and maintain a neutral rating on the stock. The analyst told investors in a research note that the company had strong fourth-quarter results and provided fiscal 2024 growth guidance in line with investors’ daily outlook. The bank is encouraged by the latest results and UiPath’s continued repositioning of the market to businesses.

Mizuho raised UiPath (NYSE:PATH) price target to $16 and maintain its neutral rating Read Post »

Mizuho Raised Meta Platforms (NASDAQ:META) price target to $235 Maintain Buy rating

/ / Technology / ,

Mizuho raised its price target on Meta Platforms (NASDAQ:META) to $235 from $210 and maintained a buy rating on the stock as a go-to stock. The analyst told investors in a research note that Meta continued to deliver on its promise of an “efficiency year,” announcing another round of restructuring that reduced operating costs by 7 percentage points in fiscal 2023 to year-over-year growth2. The bank believes that Meta “still has enough capacity to unleash further productivity”; Metaverse investment still accounts for 11% of its total revenue, and the research and development intensity is twice that of peers Alphabet and Amazon.

Mizuho Raised Meta Platforms (NASDAQ:META) price target to $235 Maintain Buy rating Read Post »

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