Buyer Beware: Morgan Stanley is Bearish on This Popular AI Stock
From Nasdaq:
Artificial intelligence (AI) stocks like Nvidia, Microsoft, Amazon, and Google are thriving in a rapidly growing market. However, smaller players like C3.ai are also making waves. Founded in 2009, C3.ai offers an enterprise AI platform and delivered strong Q3 results. With a diversified business and generative AI offerings, C3.ai remains promising despite concerns about profitability and valuation. Morgan Stanley remains cautious, while Wedbush sees potential for growth. Analysts have mixed views, with a mean target price of $29.17.www.barchart.com
Read more at Nasdaq: Buyer Beware: Morgan Stanley is Bearish on This Popular AI Stock