Analysts at Morgan Stanley recently named their top pick in the quantum computing sector, selecting the recent initial public offering (IPO) Quantinuum (NASDAQ: QNT) as their favorite. Analyst Joseph Moore upped his rating on the stock from equal-weight to overweight, although he lowered his price target on the stock from $78 to $68. At the same time, Moore kept an equal-weight rating on rival IonQ (NYSE: IONQ), while reducing his price target from $49 to $43. Morgan Stanley sees quantum computing potentially being a more than $100 billion market by 2040.
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