Wedbush Assumes Infleqtion, Inc (INFQ) at Outperform

Wedbush analyst Matt Bryson assumes coverage on Infleqtion, Inc (NYSE: INFQ) with a Outperform rating and a price target of $20.00.

The analyst comments "INFQ. We are maintaining our OUTPERFORM rating and our $20 price target, which we derive from our 10 -year DCF using a WACC of approximately 20.5% and a terminal growth rate of 5%. Our price target is comprised of approximately $2.50 of net cash per share and roughly $17.50 per share from the company discounted future cash flows."

For an analyst ratings summary and ratings history on Infleqtion, Inc click here. For more ratings news on Infleqtion, Inc click here.

Shares of Infleqtion, Inc closed at $9.83 yesterday.

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