B of A Securities Maintains Underperform on C3.ai, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained an 'Underperform' rating on C3.ai and lowered its price target from $24 to $20, indicating a bearish outlook on the stock.
September 05, 2024 | 4:09 pm
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B of A Securities has maintained an 'Underperform' rating on C3.ai and lowered its price target from $24 to $20, suggesting a negative short-term outlook.
The 'Underperform' rating and reduced price target from $24 to $20 by B of A Securities indicate a bearish sentiment towards C3.ai. This is likely to negatively impact the stock price in the short term as investors may react to the lowered expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100