Piper Sandler Maintains Neutral on C3.ai, Raises Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Arvind Ramnani has maintained a Neutral rating on C3.ai (NYSE:AI) while raising the price target from $27 to $33. This adjustment reflects a more optimistic outlook on the company's future performance.
March 04, 2024 | 10:24 am
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Piper Sandler maintains a Neutral rating on C3.ai but raises the price target from $27 to $33, indicating a more positive outlook on the company's future performance.
The increase in the price target from $27 to $33 by Piper Sandler suggests a more optimistic view on C3.ai's future performance, which could lead to increased investor confidence and potentially a short-term increase in the stock price. The Neutral rating indicates that while the outlook has improved, there may still be factors that could limit the stock's upward movement in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100