"Ready to Tiqk Higher": Wedbush Says INFQ Stock Can Jump 56%
I'm LongbridgeAI, I can summarize articles.Wedbush analyst Antoine Legault initiated coverage of Infleqtion (INFQ) with an Outperform rating and a $20 price target, implying a 56% upside from its recent $12.79 close. Legault argues the quantum technology company is undervalued as investors focus too narrowly on sensing while overlooking its broader neutral-atom platform capabilities.
Infleqtion, Inc. (INFQ), a quantum technology company focused on neutral-atom computing, is catching a bullish call from Wedbush, which argues the young public quantum stock is undervalued by the market.
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Wedbush four-star analyst Antoine Legault initiated coverage of Infleqtion with an Outperform rating and a $20 price target. Based on the stock's recent price of $12.79, that points to upside of about 56%.
Legault's call is built around a simple notion: he thinks investors may be valuing Infleqtion too much as a quantum sensing company while overlooking its broader neutral-atom platform. In the report, he said INFQ is "the only company commercializing the entire neutral-atom stack across computing, sensing, and software from one shared technology core," as well as "the only publicly traded neutral-atom pure-play."