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Quantum appoints Mike Heuer CIO; Lake Street lifts QMCO to $29

Quantum Corporation named Mike Heuer as CIO to lead IT, data, AI and cybersecurity and approved 50,000 RSUs vesting over three years. Lake Street raised its QMCO price target from $24 to $29.

QMCO

Quantum Corporation (NASDAQ:QMCO) said Mike Heuer has been named chief information officer to oversee IT, data, AI and cybersecurity. The company also approved 50,000 RSUs that vest over three years. Lake Street raised its price target on QMCO to $29 from $24.