Infleqtion (NYSE:INFQ) Coverage Initiated by Analysts at BTIG Research
by Kim Johansen · The Markets DailyEquities research analysts at BTIG Research assumed coverage on shares of Infleqtion (NYSE:INFQ – Get Free Report) in a research note issued on Friday. The brokerage set a “buy” rating and a $22.00 price target on the stock. BTIG Research’s target price would suggest a potential upside of 76.00% from the stock’s current price.
Infleqtion Trading Up 5.1%
NYSE INFQ opened at $12.50 on Friday. Infleqtion has a one year low of $8.52 and a one year high of $27.50.
Infleqtion Company Profile
We are a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.