Piper Sandler Maintains Neutral on C3.ai, Lowers Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Arvind Ramnani has maintained a Neutral rating on C3.ai and lowered the price target from $29 to $24.
September 05, 2024 | 9:10 am
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Piper Sandler has maintained a Neutral rating on C3.ai and reduced the price target from $29 to $24, indicating a less optimistic outlook.
The reduction in price target from $29 to $24 by Piper Sandler suggests a less optimistic view on C3.ai's future performance, which could lead to a short-term negative impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the lowered target may influence investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100