IonQ's Price Target Takes a Hit As The Stock Heads Into Earnings

Here's a look at what investors need to know. IONQ stock is moving. See the chart and price action here. Just before the upcoming Q4 earnings report expected on Wednesday afternoon, Morgan Stanley analyst Joseph Moore slashed his price projection for IonQ. The new target is $35, down from $58, suggesting modest growth of roughly 13.7%. The analyst kept his neutral Hold rating as the company prepares to share its data on Wednesday evening.Factors Behind the CutMoore's decision to lower IonQ's valuation stems ...