DA Davidson Maintains Neutral on C3.ai, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Gil Luria has maintained a Neutral rating on C3.ai (NYSE:AI) but has reduced the price target from $30 to $28.
December 07, 2023 | 9:12 pm
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NEUTRAL IMPACT
C3.ai's price target has been lowered from $30 to $28 by DA Davidson, although the analyst maintains a Neutral rating on the stock.
The reduction in price target by DA Davidson suggests a slightly less optimistic outlook for C3.ai's stock value in the short term. However, since the rating remains Neutral, the immediate impact on the stock price may be minimal as the market has not been given a strong buy or sell signal.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100