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.
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IMPORTANCE 80
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