B. Riley raised the firm’s price target on D-Wave Quantum (QBTS) to $12 from $11 and keeps a Buy rating on the shares. D-Wave’s Q4 headline sales and EPS were mixed, but there were “numerous” positive long-term takeaways, the analyst tells investors in a research note. The firm believes shares remain at an attractive entry point.
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Read More on QBTS:
- Top Analyst Reaffirms Buy Rating on D-Wave Quantum (QBTS) Stock on Revenue Momentum
- D-Wave Quantum Reports Strong Bookings Growth in 2024
- D-Wave Quantum Inc. Earnings Call Highlights Achievements and Challenges
- D-Wave Quantum price target raised to $10 from $7 at Roth MKM
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