BTQ Technologies initiated with a Buy at Alliance Global Partners

Alliance Global Partners analyst Brian Kinstlinger initiated coverage of BTQ Technologies (BTQQF) with a Buy rating and $3 price target The post quantum cryptography market is in its “infancy stages, but we see demand budding given advances in quantum computers,” the analyst tells investors in a research note. The firm believes post quantum cryptography is poised for rapid growth and that BTQ is positioned to benefit from this trend.