IonQ Stock Gets BofA's Buy Call In Quantum Computing Race
In this news:
Key takeaways
- Bank of America initiated coverage on IonQ with a buy rating.
- IonQ is recognized as the largest public pure-play quantum company by revenue.
- Quantum computing stocks have generally faced struggles through 2026.
IonQ (IONQ) stock rose on Monday after Bank of America started coverage of the quantum computing company with a buy rating. Quantum computing stocks have struggled in 2026, with IonQ stock up 1% as of Friday's market close.
“We initiate coverage on IonQ, the largest public pure-play quantum company by revenue, with a buy rating, supported by its semiconductor-enabled path…
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