Morgan Stanley lowered the firm’s price target on IonQ (IONQ) to $29 from $37 and keeps an Equal Weight rating on the shares following the Q4 report. The company continues to execute to its strategy and none of that will change under the new CEO, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IONQ:
- IonQ’s Strategic Transition and Growth Potential Amid Leadership Changes
- ‘Load Up,’ Says Top Analyst About IonQ Stock
- Top Analyst Maintains Buy Rating for IONQ Stock on Strong Networking Momentum
- IonQ’s Earnings Call: Growth Amid Financial Challenges
- IonQ price target lowered to $45 from $50 at Benchmark