Pasqal (NASDAQ:PSQL – Get Free Report) was upgraded by investment analysts at Benchmark to a “strong-buy” rating in a research report issued to clients and investors on Tuesday, Zacks reports.
PSQL has been the subject of several other reports. Canaccord Genuity Group reissued a “buy” rating and issued a $16.00 price objective on shares of Pasqal in a report on Monday, September 28th. Zacks Research raised Pasqal to a “hold” rating in a report on Thursday, September 24th. Needham & Company LLC initiated coverage on Pasqal in a research report on Wednesday, September 30th. They issued a “buy” rating and a $16.00 target price for the company. Williams Trading set a $16.00 price target on Pasqal in a report on Wednesday, September 30th. Finally, Roth Capital initiated coverage on Pasqal in a research report on Wednesday, September 9th. They set a “buy” rating and a $20.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Pasqal currently has an average rating of “Buy” and a consensus price target of $16.80.
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Pasqal Price Performance
About Pasqal
Pasqal is a quantum computing company focused on developing neutral-atom quantum technology. The company designs quantum processors that use individually controlled atoms as qubits, along with the hardware, control systems and software needed to operate quantum computers.
Its offerings include access to quantum computing systems through cloud-based platforms, as well as software tools and services intended to help organizations develop and run quantum algorithms. Pasqal targets applications such as optimization, simulation, machine learning, drug discovery, energy and financial modeling.
Founded in France in 2019 by Georges-Olivier Reymond, Pasqal serves research institutions, corporations and public-sector organizations.
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