Key Highlights
- Rosenblatt initiated coverage of QUBT with a 'Buy' rating and a price target of $22.
- QUBT's strengths include assets in photonics, security, and sensing.
- Rosenblatt raised the price target for QBTS to $43 from $40 while maintaining a 'Buy' rating.
- D-Wave Quantum's recent performance includes a $550 million acquisition and a technical breakthrough.
- The Quantum Circuits deal for QBTS enhances its error correction capabilities.
