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C3.ai downgraded at BofA, targets lowered at multiple rating firms

Dec. 02, 2021 1:50 PM ETC3.ai, Inc. (AI)By: SA News Team10 Comments

Businessman touching the brain working of Artificial Intelligence <span class='ticker-hover-wrapper'>(NYSE:<a href='https://seekingalpha.com/symbol/AI' title='C3.ai, Inc.'>AI</a>)</span> in the futuristic business and coding software development on interface and synchronize network connection, IoT, innovative and technology of business.

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  • C3.ai (AI) is trading 15.7% lower after posting Q2 earnings and a roster of analysts lowering targets and a BofA downgrade of the stock.
  • Wedbush lowered target to $45 from $70, maintaining its Outperform rating; Needham lowered target to $103 from $122 with a

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