Analysts Offer Insights on Technology Companies: UiPath (PATH) and The Descartes Systems Group (DSGX)
Analysts have been eager to weigh in on the Technology sector with new ratings on UiPath (PATH – Research Report) and The Descartes Systems Group (DSGX – Research Report).
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UiPath (PATH)
TD Cowen analyst Bryan Bergin assigned a Hold rating to UiPath yesterday and set a price target of $13.00. The company’s shares closed last Wednesday at $12.38.
According to TipRanks.com, Bergin ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
UiPath has an analyst consensus of Hold, with a price target consensus of $14.00, a 16.7% upside from current levels. In a report issued on February 24, TipRanks – Google also downgraded the stock to Hold with a $11.00 price target.
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The Descartes Systems Group (DSGX)
In a report released yesterday, John Shao from TD Cowen reiterated a Buy rating on The Descartes Systems Group, with a price target of $121.00. The company’s shares closed last Wednesday at $69.10.
According to TipRanks.com, Shao is ranked #3354 out of 12124 analysts.
The Descartes Systems Group has an analyst consensus of Strong Buy, with a price target consensus of $108.17, which is a 54.0% upside from current levels. In a report issued on March 9, RBC Capital also maintained a Buy rating on the stock with a $126.00 price target.
