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Wajeeh Khan

AI Stock Just Scored a New Bullish Rating. Here's Why.

Artificial Intelligence Northland

C3.ai (AI) stock is inching higher on Oct. 12 after Northland Capital identified a “new growth engine” it believes could unlock significant further upside over time. Analyst Michael Latimore upgraded the enterprise software company this morning to “Outperform” and raised his price target to $16, indicating potential upside of more than 40% on its previous close.

Northland’s bullish call is particularly significant since C3.ai shares are already trading about 53% above their year-to-date low.

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