Roth MKM Maintains Buy on D-Wave Quantum, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Suji Desilva maintains a Buy rating on D-Wave Quantum (NYSE:QBTS) but lowers the price target from $3 to $2.
August 13, 2024 | 4:29 pm
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Roth MKM analyst Suji Desilva maintains a Buy rating on D-Wave Quantum but lowers the price target from $3 to $2.
The Buy rating suggests continued confidence in the company's long-term prospects, but the lowered price target indicates a more cautious short-term outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
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IMPORTANCE 70
RELEVANCE 100