Citizens analyst Patrick Walravens reiterated a Market Perform rating on c3.ai (NYSE: AI).

The analyst commented, "We maintain our Market Perform rating on C3.ai ahead of visiting the company’s headquarters in Redwood City, CA to meet with CFO Hitesh Lath, CPO Rohit Sureka, Chief AI Officer and CTO Nikhil Krishnan, and Head of Investor Relations Amit Berry for an update on C3 Code, and after the stock has fallen ~23% YTD versus an increase of 11% for the Russell 3000."

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 $10.41 yesterday.