Jefferies initiated coverage of D-Wave Quantum (QBTS) with a Buy rating and $45 price target The company is positioned to benefit from ecosystem tailwinds that are lifting sentiment and usage across quantum architectures, the analyst tells investors in a research note. The firm says that with Advantage2 commercially available via Leap, these catalysts translate into customer education, bigger experimentation budgets, and pilots that feed the annealing funnel.
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