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Morgan Stanley upgrades Quantinuum rating on technological edge

Investing.com ·

MS Morgan Stanley
$182.10 +0.33%
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QNT QNT +11.05%
  1. 1Quantinuum shares rose 4.9% during Thursday pre-market trading.
  2. 2Morgan Stanley lowered its price target for Quantinuum from $78.00 to $62.00.
  3. 3Morgan Stanley forecasts the quantum computing market to exceed $100 billion by 2040.

So what's the key point?

Morgan Stanley raised its opinion on Quantinuum stock by highly valuing its technology. The quantum computing market is expected to grow to over $100 billion by 2040.

Source Investing.com · View original ↗

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