Northland Capital Markets Starts c3.ai (AI) at Market Perform, 'A Core Holding in the Golden Age of AI'

Northland Capital Markets analyst Mike Latimore initiates coverage on c3.ai (NYSE: AI) with a Market Perform rating and a price target of $40.00.

The analyst comments "C3.ai is one of the pure play, public AI companies, having a strong technology heritage and extensive list of blue-chip customers. C3.ai's core value is accelerating the development and use of AI across enterprises. We see myriad drivers, balanced by a changing business model. Given those changes and current valuation, we are initiating coverage with a Market Perform rating."

For an analyst ratings summary and ratings history on c3.ai click here. For more ratings news on c3.ai click here.

Shares of c3.ai closed at $38.17 yesterday.

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