Needham Reiterates Buy on IonQ, Maintains $18 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton has reiterated a Buy rating on IonQ (NYSE:IONQ) and maintained a price target of $18.
May 16, 2024 | 9:34 am
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Needham analyst Quinn Bolton has reiterated a Buy rating on IonQ and maintained a price target of $18, indicating confidence in the company's future performance.
The reiteration of a Buy rating and the maintenance of a price target at $18 by a reputable analyst suggests a positive outlook for IonQ. This could lead to increased investor confidence and a potential short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100