Analysts Think This Quantum Computing Stock Can Gain 80%. Should You Buy It Here?

Quantum Computing (QUBT) shares closed roughly 20% higher on Oct. 3 after an Ascendiant Capital analyst issued a bullish note in favor of the Hoboken-headquartered firm. On Friday, Edward Woo maintained his “Buy” rating on QUBT shares and raised his price objective to $40, indicating potential upside of another 80% from current levels. More News from Barchart Including Friday’s surge, Quantum Computing stock is up more than 400% versus its year-to-date low in early March. www.barchart.com Why Is Ascen ...