IonQ Inc. (NYSE:IONQ) saw its share prices jump 7.81% on Tuesday, closing at $49.67 after a positive rating from Jefferies, which issued a “buy” recommendation with a price target of $100, representing a 101% upside potential. The firm highlighted IonQ’s trapped-ion infrastructure, superior capabilities, and coherence. In other news, IonQ announced the successful deployment of Slovakia’s first national quantum communication network, developed in partnership with IPSAS to enhance cybersecurity. While IonQ shows promise, some AI stocks may offer higher returns with limited risk. For more insights, check out the article on the best short-term AI stock.

Read more at Yahoo Finance: IonQ (IONQ) Gets 7.8% Boost From Jefferies’ ‘Buy’ Reco