HC Wainwright & Co. Maintains Buy on Arqit Quantum, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Scott Buck maintains a Buy rating on Arqit Quantum (NASDAQ:ARQQ) but lowers the price target from $3 to $2.
May 15, 2024 | 7:11 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
HC Wainwright & Co. analyst Scott Buck maintains a Buy rating on Arqit Quantum but lowers the price target from $3 to $2.
The Buy rating suggests continued confidence in Arqit Quantum's long-term prospects, but the lowered price target indicates a more cautious short-term outlook. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100