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Craig-Hallum Initiates Coverage On Horizon Quantum Holdings with Buy Rating, Announces Price Target of $21
Craig-Hallum analyst Richard Shannon initiates coverage on Horizon Quantum Holdings (NASDAQ:HQ) with a Buy rating and announces Price Target of $21.
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Horizon Quantum Holdings shares are trading higher after the company reported Q2 results, with cash boosted to $113.3 million, the Beryllium launch, and a Quantum Machines collaboration.
Horizon Quantum Holdings Q2 EPS $(2.20) Down From $(0.07) YoY
Horizon Quantum Holdings (NASDAQ:HQ) reported quarterly losses of $(2.20) per share. This is a 3042.86 percent decrease over losses of $(0.07) per share from the same period last year.