BTIG Research Initiates Coverage on Infleqtion (NYSE:INFQ)

Research analysts at BTIG Research assumed coverage on shares of Infleqtion (NYSE:INFQ) in a research report issued on Friday, MarketBeat.com reports. The firm set a “buy” rating and a $22.00 price target on the quantum tech company’s stock. BTIG Research’s price objective indicates a potential upside of 75.16% from the stock’s previous close.

Infleqtion Trading Up 5.6%

NYSE INFQ opened at $12.56 on Friday. Infleqtion has a 1 year low of $8.52 and a 1 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.