Needham Maintains Buy on IonQ, Raises Price Target to $18
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Quinn Bolton has maintained a 'Buy' rating on IonQ (NYSE:IONQ) and raised the price target from $11 to $18.
August 11, 2023 | 5:11 pm
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POSITIVE IMPACT
Needham analyst has maintained a 'Buy' rating on IonQ and raised the price target from $11 to $18, which could positively impact the stock's price.
The raised price target indicates that the analyst sees potential for the stock's price to increase. This could lead to increased investor confidence and demand for the stock, potentially driving the price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100