DA Davidson analyst Gil Luria initiated coverage of C3.ai with a Buy rating and $30 price target. C3.ai is "a truly scarce asset in a critical software arena," said the firm, which views the emergence of generative AI as a "killer app" for Artificial Intelligence. This gives C3.ai the opportunity to monetize its considerable investment and track record in the field of AI, according to the firm.
Published first on TheFly
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