Apr. 7 at 1:40 PM
$QBTS D-Wave Quantum price target lowered to
$31 from
$40 at Mizuho
Mizuho lowered the firm's price target on D-Wave Quantum to
$31 from
$40 and keeps an Outperform rating on the shares. The firm remains positive on quantum computing over the long-term and still sees over 100% upside in the stocks. The group is in the "early stages of an inflection," the analyst tells investors in a research note. Mizuho cites With intensifying competition and ramping spending by all the leading players for the target cuts.
