Canaccord Genuity Group assumed coverage on shares of Pasqal (NASDAQ:PSQL – Free Report) in a research note published on Tuesday, MarketBeat.com reports. The firm issued a buy rating and a $16.00 price target on the stock.
Separately, Roth Capital initiated coverage on shares of Pasqal in a research report on Wednesday, September 9th. They set a “buy” rating and a $20.00 price target for the company. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $17.33.
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Pasqal Stock Performance
Pasqal Company Profile
Pasqal is a quantum computing company focused on developing neutral-atom quantum processors and related software. Its technology uses individually controlled atoms as quantum bits, or qubits, with the goal of supporting scalable quantum computing for complex computational problems.
The company develops quantum hardware, control systems and software tools that enable customers and researchers to access and program its systems. Its offerings are intended for applications including optimization, quantum simulation, machine learning and other scientific or industrial workloads.
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