DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Brad Zelnick - 1 Zelnick - 1 Morgan Stanley's Sanjit Singh - 1 Joshua Tilton - 1 Michael Bloom - 1
Top related locs:
hyperscalers
Top related orgs:
Deutsche Bank - 1 Deutsche - 1 Wolfe Research - 1

Search resuls for: "Joshua Tilton"


3 mentions found


☆ Deutsche Bank says this A.I. winner could be in trouble after its latest investor day
  + stars: | 2023-06-23 | by ( Brian Evans | ) www.cnbc.com   time to read: +2 min
C3.AI did little to differentiate itself among an increasingly crowded space of artificial intelligence stocks at the company's investor day, according to Deutsche Bank. The bank on Friday reiterated a sell rating the stock, with a $16 per share price target. C3.AI has surged 234% year to date as investor hype over artificial intelligence lifted the entire sector. But Deutsche Bank analyst Brad Zelnick said it isn't clear at this point in time how the company will stand out and added that the investor day held earlier this week only provided "somewhat limited incremental updates." AI YTD mountain C3.AI has been on an impressive run since January tied to investor excitement over artificial intelligence.
Persons: Brad Zelnick, Zelnick, Morgan Stanley's Sanjit Singh, Joshua Tilton, Michael Bloom Organizations: Deutsche Bank, Deutsche, Wolfe Research Locations: hyperscalers
☆ Wolfe Research downgrades this outperforming A.I. stock, says shares could fall 30% as growth risks loom
  + stars: | 2023-04-24 | by ( Samantha Subin | ) www.cnbc.com   time to read: +2 min
Despite surging nearly 80% this year, Wolfe Research expects slowing growth concerns to weigh on C3.ai in the months ahead. Analyst Joshua Tilton downgraded the popular artificial intelligence stock benefitting from the push toward generative AI , citing risks to long-term growth expectations. Central to Tilton's downgrade is the fear that C3.ai's transition to a consumption model would require "near-perfect execution and rates of adoption" to attain management's 30% revenue growth goal. To hit 20% consensus 2024 revenue growth forecasts, the analyst also estimates that C3.ai would need to grow revenues unrelated to Baker Hughes by 28.3%, representing the largest year-over-year increase on record. Along with the downgrade, Tilton placed a $14 price target on shares and revised the firm's full-year 2024 growth outlook to 11%, below the 20% consensus expectation.
☆ Wolfe Research says buy this software stock poised to rally 25%
  + stars: | 2022-11-07 | by ( Samantha Subin | ) www.cnbc.com   time to read: +1 min
Despite its 38% tumble this year, Wolfe Research expects shares of Splunk to rally in the months ahead. Analyst Joshua Tilton initiated coverage of the software company with an outperform rating and $90 price target, saying in a note to clients that shares are trading at attractive levels even as the company faces a weakening spending environment and growing competition. Splunk, used as a tool to locate security threats, has seen its shares tumble more than 59% from its 52-week highs as it grapples with a troublesome macro environment, a new CEO and no chief financial officer. Last month, activist investor Starboard Value revealed a growing stake in the software company . Wolfe Research's new price target implies a 25% upside for the stock from Friday's close.
0 next >>
Total: 3