April 16, 2024
C3.ai faces three core risks to growth targets, analyst says in downgrade

C3.ai faces three core risks to growth targets, analyst says in downgrade

C3.ai Inc. has been an investor darling this year as Wall Street has sought out plays on the artificial-intelligence craze, but one analyst thinks the stock’s big rally could cool.

Wolfe Research analyst Joshua Tilton downgraded shares of the AI-software AI stock to underperform from peer perform over the weekend, following a nearly 80% year-to-date surge in the name. He said he sees three core risks to the company’s growth.

“We…

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