C3.ai Stock Plunges, JPMorgan Downgrades

This is a news story, published by Yahoo Finance, that relates primarily to JPMorgan news.

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Why C3.ai Stock Is Plummeting Today

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JPMorgan 's analysts downgraded their rating on C3.ai stock and maintained a one-year price target of $ 28 per share.

The firm's analysts acknowledged that the company was chasing after large and rapidly shifting opportunities in the artificial intelligence ( AI ) space, but expressed disappointment with its sales growth and margin.

Even with a big pullback today , the stock is still up roughly 33% across this year 's trading.

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