Morgan Stanley Maintains Underweight on C3.ai, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Sanjit Singh maintains an Underweight rating on C3.ai (NYSE:AI) and raises the price target from $12 to $20.

June 01, 2023 | 11:43 am
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Morgan Stanley maintains an Underweight rating on C3.ai and raises the price target from $12 to $20.
The news of Morgan Stanley maintaining an Underweight rating on C3.ai indicates that the analyst still has concerns about the company's performance. However, the raised price target from $12 to $20 suggests a slightly more optimistic outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100