Canaccord Genuity Reiterates Hold on C3.ai, Maintains $27 Price Target
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Kingsley Crane has reiterated a Hold rating on C3.ai (NYSE:AI) and maintained a $27 price target for the company's stock.

December 07, 2023 | 3:33 pm
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Canaccord Genuity analyst Kingsley Crane reaffirmed a Hold rating on C3.ai with a price target of $27, indicating no change in the analyst's view on the stock's valuation.
The reiteration of a Hold rating and maintenance of the price target suggests that the analyst's view on C3.ai's stock has not changed. This typically has a neutral impact on the stock price in the short term, as it does not provide new positive or negative information that would alter investor sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100