Northland analyst Michael Latimore raised the firm’s price target on C3 AI (AI) to $45 from $35 and keeps an Outperform rating on the shares. C3 posted “material revenue acceleration” in Q2, hitting 28.8% year-over-year growth versus 20.5% in Q1, notes the analyst, who adds that the company also “beat materially” on operating income expectations.
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