Deutsche Bank Maintains Hold on Arqit Quantum, Lowers Price Target to $1.5
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Jamie Shelton maintains a Hold rating on Arqit Quantum (NASDAQ:ARQQ) and lowers the price target from $3.5 to $1.5.
May 18, 2023 | 1:34 pm
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Deutsche Bank analyst Jamie Shelton maintains a Hold rating on Arqit Quantum (NASDAQ:ARQQ) and lowers the price target from $3.5 to $1.5.
The lowered price target from Deutsche Bank indicates a less optimistic outlook for Arqit Quantum's stock price in the short term. This may lead to a negative impact on the stock price as investors adjust their expectations.
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