Needham Cuts Price Targets on D-Wave Quantum and Gilat Satellite Shares
Needham lowered its D-Wave Quantum target to $20 from $40 and Gilat Satellite to $11 from $20, Dow Jones Newswires reports.
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what happened
Needham has reduced its price target on D-Wave Quantum shares from $40 to $20 per share. Its target for Gilat Satellite Networks has been lowered from $20 to $11 per share.
Dow Jones Newswires reports the changes, citing ratings data from Benzinga.
why it matters
A price target cut from a single brokerage usually shapes investor sentiment in individual stocks rather than the broader market. For highly volatile shares, such revisions can amplify short-term swings.
tags
instruments
sources
- D-Wave Quantum Price Target Cut to $20.00/Share From $40.00 by Needham — Dow Jones Newswires, 11 November 2026 at 10:08 UTC
- Gilat Satellite Networks Price Target Cut to $11.00/Share From $20.00 by Needham — Dow Jones Newswires, 11 November 2026 at 10:15 UTC
- Bitdeer Techs Group Price Target Cut to $18.00/Share From $20.00 by Needham — Dow Jones Newswires, 11 November 2026 at 11:54 UTC
- QuickLogic Price Target Cut to $12.00/Share From $20.00 by Needham — Dow Jones Newswires, 11 November 2026 at 11:52 UTC
- D-Wave Quantum Price Target Cut to $30.00/Share From $43.00 by Rosenblatt — Dow Jones Newswires, 11 November 2026 at 12:56 UTC
- D-Wave Quantum Price Target Cut to $20.00/Share From $30.00 by StoneX — Dow Jones Newswires, 11 November 2026 at 13:52 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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