Needham initiates coverage of Pasqal Holding with Buy rating, $16 price target

Needham initiated coverage on Pasqal Holding's stock with a rating of Buy and a price target of $16.00.The price target implies an upside of 160.6% from the Sep 29 close of $6.14.Key takeaways from the analyst noteInnovative Analog-to-Digital Transition: Pasqal Holding differentiates itself by offe…