B of A Securities Maintains Underperform on C3.ai, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Brad Sills maintains an Underperform rating on C3.ai (NYSE:AI) and raises the price target from $16 to $18.
June 01, 2023 | 12:51 pm
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B of A Securities maintains an Underperform rating on C3.ai (NYSE:AI) and raises the price target from $16 to $18.
The news directly mentions C3.ai (NYSE:AI) and the analyst's decision to maintain an Underperform rating, which indicates a negative outlook for the stock. The price target increase from $16 to $18, however, may provide a slight positive sentiment. Overall, the impact on the stock is likely to be negative in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100