SRPP New Idea: PATH

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Power Plays New Idea: PATH
December 5, 2023

By Scott Redler

Name: UiPath

Ticker: PATH

Price: $25.25

Needs to Hold: $21 to $22.13

Price Objective 1: $30 to $32

Price Objective 2: N/A

I'm making UiPath (PATH) our latest Power Play here.

It recently had a strong earnings report and is holding the gap quite well - something it has in common with recent winners like Netflix (NFLX), Shopify (SHOP), and Block (SQ).

As long as it holds the earnings gap around the $22.13 area, I see a strong chance of this name heading to the $30 to $32 area.

Stay tuned for more updates!

-Scott

Scott Redler Positions Disclosure as of 2023-12-05 at 7.42.24 AM

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Power Plays New Idea: PATH December 5, 2023

By Scott Redler

Power Plays New Idea: PATH
December 5, 2023