Goldman Sachs Maintains Neutral on IonQ, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Toshiya Hari maintains a Neutral rating on IonQ (NYSE:IONQ) and raises the price target from $9 to $14.

August 14, 2023 | 12:15 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Neutral rating on IonQ and raises the price target from $9 to $14.
The news is directly about IonQ. Goldman Sachs, a major financial institution, has maintained a Neutral rating on the company, indicating no major changes in the company's outlook. However, the increase in price target from $9 to $14 suggests a positive outlook on the company's future performance. This could potentially influence investors' decisions, but the Neutral rating suggests that the stock price may not see significant changes in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100