MarketBeat Analyst action
Quantum Computing (NASDAQ:QUBT) Downgraded to Strong Sell Rating by Wall Street Zen
Wall Street Zen has downgraded Quantum Computing (NASDAQ:QUBT) from a "sell" to a "strong sell" rating, despite other analysts maintaining more bullish outlooks. The stock holds a consensus "Hold" rating with an average price target of $18.33. Institutional investors like BlackRock and Vanguard have increased their stakes in QUBT, which reported a quarterly loss but exceeded revenue forecasts.