PATH - UiPath receives swath of downgrades following soft earnings abrupt CEO change
2024-05-30 09:25:33 ET
"We expect PATH shares to be under pressure near-term from the sudden CEO departure and as the growth and margin model reset," said Oppenheimer analyst Brian Schwartz, in a note. "These developments suggest that the business is in transition and will raise concerns that AI is weakening the company's moat versus strengthening it."...
UiPath receives swath of downgrades following soft earnings, abrupt CEO change