Jefferies Says IonQ Stock Can Double Over the Next 12 Months. Should You Buy It Here?

Jefferies just launched coverage of the quantum computing sector with a bullish call, sending IonQ (IONQ) shares surging. The firm slapped a $100 price target on IONQ stock, implying roughly 110% upside from current levels, while initiating with a “Buy” rating. IonQ develops trapped-ion quantum computers designed to solve complex problems across business, society, and scientific research. Founded on 25 years of academic research, the company uses ionized atoms to perform longer, more sophisticated calcula ...