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Pasqal Stock Could Rise 154% on Analyst Upgrade

Needham analyst David Williams initiated coverage on Pasqal with a Buy rating and a $16 price target, suggesting a potential 154% upside for the quantum computing company's stock.

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Pasqal stock has had a rough start in the public market, but one analyst says Wall Street may be overlooking a promising quantum-computing player. Needham analyst David Williams initiated coverage on the stock with a Buy rating and a $16 price target on Wednesday.