Truist Trims UiPath Target After Investor Day Skips New Goals

Truist Securities lowered its price target on UiPath NYSE:PATH, the enterprise automation software company, to $14 from $17 while keeping a Hold rating, citing sector volatility and multiple compression. UiPath shares were down 1.28% intraday, as of 9:50 a.m. ET.The cut followed UiPath's Investor D…