Infleqtion, Inc.
(NYSE:INFQ) shares traded higher on Thursday as investors responded to fresh bullish analyst coverage, even as the broader technology sector weakened.
Canaccord Genuity analyst Kingsley Crane initiated coverage on Infleqtion with a Buy rating and a $22 price forecast, implying about 70% upside.
Last week, Wedbush Securities also initiated coverage with an Outperform rating and a $20 price forecast, calling the stock "meaningfully mispriced" and pointing to significant upside from recent trading levels.
What Is Driving Upside in Infleqtion's Stock?
