D-Wave Quantum shares are trading higher after Benchmark maintained a Buy rating on the stock and raised its price target from $2 to $3.
Portfolio Pulse from Benzinga Newsdesk
Benchmark has maintained a Buy rating on D-Wave Quantum's stock and increased its price target from $2 to $3. This has resulted in D-Wave Quantum's shares trading higher.
July 17, 2023 | 4:18 pm
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D-Wave Quantum's stock is trading higher after Benchmark maintained a Buy rating and raised its price target from $2 to $3.
The increase in D-Wave Quantum's price target by Benchmark, a reputable analyst firm, is a positive signal to investors. This has led to an increase in the stock's trading price. The maintained Buy rating also indicates that the firm believes the stock will perform well in the future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100