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D-Wave Quantum Inc. (NYSE:QBTS – Get Free Report) was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totalling 6,600,000 shares, a decrease of 17.5% from the April 30th total of 8,000,000 shares. Based on an average daily volume of 4,090,000 shares, […]
Needham & Company LLC reaffirmed their buy rating on shares of D-Wave Quantum (NYSE:QBTS – Free Report) in a research note released on Tuesday morning, Benzinga reports. Needham & Company LLC currently has a $2.50 price objective on the stock. A number of other equities analysts have also weighed in on QBTS. Craig Hallum upped […]
D-Wave Quantum (NYSE:QBTS – Get Free Report) had its target price lifted by analysts at Roth Mkm from $2.00 to $3.00 in a report released on Monday, Benzinga reports. The firm presently has a “buy” rating on the stock. Roth Mkm’s price target indicates a potential upside of 63.04% from the company’s current price. Separately, […]
D-Wave Quantum (NYSE:QBTS – Get Free Report) had its price target lifted by Craig Hallum from $1.75 to $2.50 in a report issued on Monday, Benzinga reports. The firm currently has a “buy” rating on the stock. Craig Hallum’s price objective suggests a potential upside of 24.38% from the company’s current price. Separately, Roth Mkm […]
Strong inflation data from January and the Fed's indications that it would take its time before initiating rate cuts threw cold water on investors' hopes of getting rid of uncertainties.