Quantinuum (QNT) Stock Jumps 11% After Morgan Stanley Names It Top Quantum Pick

TLDR Morgan Stanley upgraded Quantinuum (QNT) to Overweight from Equal-Weight and called it its “top quantum play.” QNT stock rose 11% to $36.68 on Thursday, while the firm cut its price target to $62 from $78. QNT trades at the lowest multiple in its peer group, according to the analysts. IonQ (IONQ) price target fell to $43 from $49, and it remains Equal-Weight. Quantinuum’s Sol system is due in 2027 and is seen as the next major catalyst. Quantinuum (QNT) stock rose 11% to $36.68 on Thursday after Morgan Stanley upgraded the company to Overweight from Equal-Weight. The bank called it its “top quantum play.” Quantinuum Inc.

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