IONQ announced it is utilizing Foundry services for scaling, coinciding with a bullish buy rating from Bank of America.
1 report, 1 independent
Updated Tue 00:00
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
IONQ announced it is utilizing Foundry services for scaling, coinciding with a bullish buy rating from Bank of America.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
-
IONQ
quantum computing company based in College Park, MD, USA
Nothing else this week.
-
Foundry
Bitcoin mining company
Nothing else this week.
-
Bank of America
American multinational banking and financial services corporation
Related events
- IonQ secured new business deals in Japan and South Korea.
- MarketBeat reported on analyst coverage for IONQ, noting that Needham reiterated its buy rating, while Cantor Fitzgerald set a $70.00 price target and reiterated its overweight rating.
- Analyst coverage provided a buy rating and price objective for IONQ.
- Royal Bank of Canada increased its holdings in IONQ, while Morgan Stanley set a price target, Benchmark reissued a buy rating, and Amundi acquired a new stake.
- Analyst rating updates for IONQ as of June 19, 2026, with Jefferies setting a $85 price target and Morgan Stanley lowering theirs to $48.50.