B. Riley analyst Craig Ellis initiated coverage of IonQ (IONQ) with a Buy rating and $61 price target which offers ~7% potential 12-month upside. The firm says IonQ is sector’s revenue growth leader, tracking for a third year of 100% year-over-year gains. IonQ’s pipeline is progressing, with a fifth-generation product launching in the second half of 2025, the analyst tells investors in a research note.
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