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RBC Capital lowered its price target for Xanadu Quantum Technologies from $16 to $13 but still recommends buying.

OpinionRead the original at moomoo.com
Neutral

RBC cut its target but kept its Buy rating and said Xanadu's business operations had not changed. These mixed signals do not show a clear change in the company's outlook.

XNDU · Xanadu Quantum Technologies

AI read · Neutral

The AI's read

A lower target points to a less positive view from RBC. Keeping its Buy rating points the other way. RBC also said the update did not change Xanadu's business operations, so the report gives no clear reason to change the company's outlook.

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