Morgan Stanley Maintains Equal-Weight on IonQ, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Scott Fessler has maintained an Equal-Weight rating on IonQ (NYSE:IONQ) and lowered the price target from $16 to $12.
October 30, 2023 | 2:28 pm
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Morgan Stanley has maintained an Equal-Weight rating on IonQ and lowered the price target from $16 to $12.
The lowering of the price target by Morgan Stanley from $16 to $12 indicates a bearish outlook for IonQ in the short term. This could potentially lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100