01:40 PM EDT, 10/13/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our target price to $18 from $13, on on a forward EV/S multiple of 4.7x our FY 27 (Jan.) sales projection of $1.71B, below its three-year average and software peer group mean. Shares of PATH have gained recent upward momentum on investor optimism around new partnership announcements with NVDA, OpenAI, and SNOW. These partnerships revolve around improving model and tool integration between PATH and its partners, which would expedite agentic automation and deployment. Under its agreement with SNOW, PATH's customers can now orchestrate a new class of data agents that can act on the data on SNOW's platform. We expect these new partnerships to broaden use cases and adoption opportunities for PATH but see demand building up more incrementally over time. We adjust estimates upward but keep our Hold rating for now, looking for these partnerships to boost growth and outlook. We maintain our FY 26 EPS view at $0.66 and lift our FY 27 EPS forecast to $0.74 from $0.73.