Craig-Hallum Maintains Buy on D-Wave Quantum, Raises Price Target to $2.5
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Richard Shannon maintains a Buy rating on D-Wave Quantum (QBTS) and raises the price target from $1.75 to $2.5.
April 01, 2024 | 5:59 pm
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POSITIVE IMPACT
D-Wave Quantum's Buy rating is maintained by Craig-Hallum, with the price target increased from $1.75 to $2.5.
The increase in price target by a reputable analyst like Richard Shannon suggests a positive outlook on D-Wave Quantum's stock. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100