Quantum Computing (NASDAQ:QUBT) Given New $32.00 Price Target at Ascendiant Capital Markets

Quantum Computing (NASDAQ:QUBT - Get Free Report) had its price objective increased by equities researchers at Ascendiant Capital Markets from $30.00 to $32.00 in a report issued on Wednesday, MarketBeat reports. The firm currently has a "buy" rating on the stock. Ascendiant Capital Markets' price objective indicates a potential upside of 278.25% from the company's current price.

Other equities research analysts have also issued reports about the company. Cantor Fitzgerald reaffirmed a "neutral" rating and set a $10.00 target price on shares of Quantum Computing in a research report on Tuesday, August 11th. Wedbush initiated coverage on Quantum Computing in a research report on Monday, August 3rd. They issued a "neutral" rating and a $12.00 price target for the company. Lake Street Capital reissued a "buy" rating on shares of Quantum Computing in a research note on Monday, July 6th. Wall Street Zen downgraded Quantum Computing from a "sell" rating to a "strong sell" rating in a report on Saturday, August 15th. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Quantum Computing in a research note on Wednesday, June 24th. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $18.67.