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Wall Street’s spotlight is turning toward quantum computing, and one name is capturing outsized attention. Most recently, Mizuho Securities just kicked off coverage of IonQ (IONQ) with a Barron's “Outperform” rating and a $90 price target, a projection that implies 95.65% upside from current trading levels.
Quantum computing promises to be the next major leap in high-performance computing, to solve complex problems that are intractable for classical machines. Investors see this as a transformative technology with applications in cryptography, drug discovery, logistics, and beyond.
