Benchmark Maintains Buy on D-Wave Quantum, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst David Williams maintains a Buy rating on D-Wave Quantum (NYSE:QBTS) but lowers the price target from $4 to $3.
August 12, 2024 | 5:24 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Benchmark analyst David Williams maintains a Buy rating on D-Wave Quantum but lowers the price target from $4 to $3.
The Buy rating suggests continued confidence in the company's prospects, but the lowered price target indicates tempered expectations for short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100