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Analysts Are Confident About D-Wave Quantum, Raise Price Targets

D-Wave Quantum Inc. (NYSE: QBTS), a quantum computing company founded in 1999, recently recorded an upswing after seasoned market analysts Craig Hallum and Roth Mkm increased their price objectives for the company. Hallum adjusted his target to $2.50 from $1.75 with a buy recommendation while Mkm expressed optimism by increasing his price goal to $3 from $2.

The quantum computing company is earning more confidence from market experts as it takes bigger strides in the quantum computing domain. Its trading demonstrates a consistent upward trend with an opening stock price of $2.02. During the last 12 months, D-Wave Quantum has…

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NOTE TO INVESTORS: The latest news and updates relating to D-Wave Quantum Inc. (NYSE: QBTS) are available in the company’s newsroom at https://ibn.fm/QBTS

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