Alliance Global Partners lowered the firm’s price target on Quantum-Si (QSI) to $3.65 from $3.75 and keeps a Buy rating on the shares following the Q4 report. The company targets significant revenue growth in 2025 but there is an “added element of uncertainty” given the potential for lower National Institutes of Health-driven academic lab funding, the analyst tells investors in a research note.
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Read More on QSI:
- Quantum-Si’s Earnings Call: Growth and Strategic Moves
- Cautious Optimism for Quantum-Si Amid Market Position and Funding Uncertainties
- Quantum-Si’s Strategic Growth and Financial Strength Drive Buy Rating
- Quantum-Si Reports Milestone Revenue and Strategic Growth
- Quantum-Si reports Q4 EPS (23c) vs. (16c) last year
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