B of A Securities Maintains Underperform on C3.ai, Raises Price Target to $20
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 $18 to $20.

February 29, 2024 | 3:47 pm
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B of A Securities maintains an Underperform rating on C3.ai but raises the price target from $18 to $20.
While the increase in price target from $18 to $20 suggests a slightly more positive outlook on the stock's value, the maintenance of an Underperform rating indicates that B of A Securities still views C3.ai with caution. This mixed signal could lead to neutral short-term price movement as investors weigh the improved price target against the continued cautious stance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100