Goldman Sachs Maintains Neutral on IonQ, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Toshiya Hari maintains a Neutral rating on IonQ (NYSE:IONQ) but lowers the price target from $11.5 to $8.
August 09, 2024 | 3:44 pm
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NEGATIVE IMPACT
Goldman Sachs has maintained a Neutral rating on IonQ but has lowered the price target from $11.5 to $8.
The lowered price target from $11.5 to $8 by Goldman Sachs suggests a less optimistic outlook for IonQ's stock performance, which could lead to a short-term decline in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100