C3.ai gains after Northland Capital upgrade
BUZZ-C3.ai gains after Northland Capital upgrade ** Shares of C3.ai AI.N rise 4.3% to $12.02 premarket
** Brokerage Northland Capital upgrades the enterprise AI software provider to "outperform"
** Northland Capital says co's new product C3 Code could help win customers faster and drive stronger revenue growth
** Expects revenue growth to accelerate as AI demand improves and more customers ramp up spending, supporting a stronger long-term growth outlook- brokerage
** Raises PT to $16 from $10, implying a premium of ~39% to stock's last close
** As of last close, stock was down 14.5% YTD
(Reporting by Anand Gopal in Bengaluru)
Recent news on C3.ai
See all newsUS STOCKS ON THE MOVE-Microsoft, Salesforce, Bristol Myers
US STOCKS ON THE MOVE-Microsoft, C3.ai, Salesforce, Bristol Myers
C3.ai gains after Northland Capital upgrade
C3.ai Inc reports results for the quarter ended July 31 - Earnings Summary
C3.ai Q1 revenue slightly beats estimates; bookings jump 73% sequentially