Benchmark Maintains Buy on D-Wave Quantum, Raises Price Target to $3
Portfolio Pulse from richadhand@benzinga.com
Benchmark analyst David Williams maintains a Buy rating on D-Wave Quantum (NYSE:QBTS) and raises the price target from $2 to $3.
July 17, 2023 | 2:32 pm
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POSITIVE IMPACT
Benchmark analyst David Williams maintains a Buy rating on D-Wave Quantum and raises the price target from $2 to $3.
The news of the maintained Buy rating and increased price target by a Benchmark analyst is likely to have a positive impact on D-Wave Quantum's stock in the short term. Investors often follow analyst recommendations and price targets, which can drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100