What's Going On With C3.Ai Stock Friday
Portfolio Pulse from Anusuya Lahiri
C3.Ai stock dropped after Deutsche Bank reiterated a Sell rating following the company's investor meeting. DA Davidson analyst Gil Luria maintained a Neutral rating with a price target of $30.00. The company highlighted its Generative AI product and technological differentiation, with upcoming releases focusing on industry-specific applications.
June 23, 2023 | 5:21 pm
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C3.Ai stock dropped after Deutsche Bank reiterated a Sell rating, while DA Davidson analyst maintained a Neutral rating with a $30 price target. The company is focusing on its Generative AI product and industry-specific applications.
The stock dropped due to Deutsche Bank's Sell rating, which indicates a negative outlook for the company. However, the company's focus on Generative AI and industry-specific applications could potentially drive growth in the future. The negative rating from Deutsche Bank has a higher impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100