Goldman Sachs Maintains Neutral on IonQ, Lowers Price Target to $11.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Toshiya Hari has maintained a Neutral rating on IonQ (NYSE:IONQ) but lowered the price target from $13 to $11.5.
February 29, 2024 | 3:00 pm
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NEGATIVE IMPACT
Goldman Sachs has maintained its Neutral rating on IonQ but reduced the price target from $13 to $11.5.
The reduction in price target by a significant market influencer like Goldman Sachs can lead to negative investor sentiment in the short term, potentially causing a decrease in IonQ's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100