Ascendiant analyst Edward Woo earlier today raised the firm’s price target on Quantum Computing (QUBT) to $40 from $22 and keeps a Buy rating on the shares. The firm expects the company’s “strong” revenue growth in 2025 and 2026 to be positive for stock. The company has recently launched several new products which investors should focus on, the analyst tells investors in a research note. Ascendiant thinks product commercialization will drive significant revenue should growth this year and next.
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