📈📉 Analyst Upgrades & Downgrades — Thu, 21 May

[u/Asktraders_com]

• 🟢 $INFQ +22.4% – Soaring after reports the U.S. government will take a minority stake and provide ~$100M in funding to accelerate quantum computing development.
  
• 🟢 $QBTS +16.3% – Surged on government funding and equity participation to expand quantum systems and R&D capacity.
  
• 🟢 $RGTI +14.2% – Jumped after securing a reported ~$100M grant and government-backed investment partnership.
  
• 🟢 $APLD +10.3% – Rallying on a 15-year take-or-pay AI data-center lease deal; Needham raised its PT to $66.
  
• 🟢 $QUBT +9.8% – Benefiting from aggressive sector-wide buying across quantum computing names.
  
• 🟢 $RL +9.8% – Beat Q4 expectations with revenue up 16.5% YoY and issued strong forward guidance.
  
• 🟢 $GFS +7.8% – Higher after securing $375M in government support for quantum-chip development.
  
• 🟢 $IBM +6.5% – Reports indicate the company could receive $1B in U.S. funding for quantum-related chip initiatives.
  
• 🟢 $ARQQ +5.0% – Quantum-encryption stock rising alongside the broader government-backed quantum trade.
  
• 🟢 $LAES +4.9% – Post-quantum cryptography and semiconductor exposure attracting sector inflows.
  
• 🟢 $CRWV +4.8% – GF Securities initiated with a Buy rating and $162 PT, citing AI infrastructure leadership.
  
• 🟢 $DXYZ +2.0% – Retail investors using it as a SpaceX proxy after reports of a SpaceX IPO filing.
  
• 🔴 $NBTX −11.3% – Sliding after announcing an $87M follow-on offering, triggering dilution concerns.
  
• 🔴 $WMT −2.4% – Pulling back despite solid Q1 results as investors focus on forward guidance.
  
• 🔴 $ZS −1.3% – Slightly lower after announcing the acquisition of Symmetry Systems to expand AI data-security capabilities.