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UiPath sank 4% to $13.49 despite Citi's fresh Buy rating and $23 target, as a below-expectations Q3 revenue guide of $442.5M spooked investors.
Peers Pegasystems and C3.ai dropped 3% and 1% respectively, as the market demands proven AI-era monetization over strategic pitches.
UiPath's September 22 investor day and Fusion conference are the next catalysts, with bulls pointing to $1.4B cash and zero debt as the floor.
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