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Morgan Stanley selects Quantinuum as a preferred quantum computing stock

The Motley Fool +1 ·

IONQ
IONQ IonQ Inc
$31.28 -8.94%
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QNT QNT -0.35%
  1. 1Morgan Stanley analyst Joseph Moore upgraded Quantinuum's investment rating from equal weight to overweight.
  2. 2Joseph Moore lowered the price target for Quantinuum from $78 to $68.
  3. 3Morgan Stanley forecasts the quantum computing market could exceed $100 billion by 2040.

So what's the key point?

Morgan Stanley has decided to more strongly recommend Quantinuum in the quantum computing sector. While expecting the stock to rise further, the target price was lowered to $68.

Source The Motley Fool +1 · View original ↗

Related 3-line summaries

IonQ expected to grow based on quantum computing technology and business expansion The Motley Fool +1 · 1h agoIonQ identified as top pure-play quantum computing stock over next 5 years The Motley Fool +1 · 14h agoMorgan Stanley upgrades Quantinuum rating on technological edge Investing.com · 2d ago
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