UiPath Inc. (NYSE: PATH) experienced a surge in its stock shares following the release of its positive third-quarter financial results. Analysts are praising the company's performance, with Canaccord Genuity's Kingsley Crane increasing the price target from $15 to $19 and maintaining a Buy rating. UiPath reported revenues of $411 million and non-GAAP operating income of $88 million, surpassing expectations by $19 million and $18 million, respectively. Needham analyst Scott Berg, however, maintained a Hold rating on the stock. Additionally, the company saw an 11% growth in ARR (annual recurring revenue). For further details, the complete story is available on Benzinga.com.