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C3 AI price target lowered to $9 from $16 at Freedom Capital

Freedom Capital lowered the firm’s price target on C3 AI (AI) to $9 from $16 and keeps a Hold rating on the shares. The firm views the company’s Q3 report as “deeply disappointing.” The results fell “significantly short” of both management’s guidance and Freedom’s projections, the analyst tells investors in a research note.

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