Shares of C3.ai Inc (NYSE:AI) were trading slightly higher on Thursday, even after the company reported upbeat fiscal fourth-quarter results on Wednesday.

Here are some key analyst takeaways:

Wedbush analyst Dan Ives reiterated an Outperform rating and price target of $15.

DA Davidson analyst Lucky Schreiner maintained an Underperform rating and price target of $7.

Check out other analyst stock ratings.

Wedbush: C3.ai reported its fourth-quarter top-line and bottom-line ahead of expectations, Ives said in a note. The company's restructuring is now "largely behind it and the cost base set up to deliver operating leverage from here," he wrote.

The analyst noted the highlights of the results:

Revenue of $51.6 million, above consensus of $50.4 million

The company signing 28 agreements during the quarter including 9 new Initial Production Deployments (IPDs)

Non-GAAP operating loss of $54.4 million, better ...