Morgan Stanley Maintains Equal-Weight on IonQ, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Scott Fessler maintains an Equal-Weight rating on IonQ (NYSE:IONQ) and raises the price target from $7 to $16.
August 14, 2023 | 12:57 pm
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Morgan Stanley maintains an Equal-Weight rating on IonQ and raises the price target from $7 to $16.
The raised price target by Morgan Stanley indicates a positive outlook for IonQ. This could potentially lead to an increase in the stock price in the short term as it signals confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100