Retail investors' AI bet C3.ai climbs on strong results, forecast
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c3.ai (AI) PT Raised to $22 at Deutsche Bank, 'An upbeat message but much still to prove'
March 4, 2024 4:07 AM ESTDeutsche Bank analyst Patrick Colville raised the price target on c3.ai (NYSE: AI) to $22.00 (from $18.00) while maintaining a Sell rating.
The analyst comments "We maintain our cautious view and Sell rating on shares of C3 following what we view as mostly inline results that sent shares up >20%. F3Q revenue of $78m (~3% above... More
