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Xanadu Quantum initiated with a Buy at Canaccord

Canaccord analyst Kingsley Crane initiated coverage of Xanadu Quantum (XNDU) with a Buy rating and $45 price target Xanadu has delivered a scalable, networked, room-temperature system over the past 18 months as the quantum industry emerges from a long pre-commercial winter, the analyst tells investors in a research note.

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