Needham Reiterates Buy on Rigetti Computing, Maintains $3 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton has reiterated a Buy rating on Rigetti Computing (NASDAQ:RGTI) and maintained a $3 price target for the company's stock.
November 13, 2023 | 9:34 am
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POSITIVE IMPACT
Needham analyst Quinn Bolton reiterates a Buy rating on Rigetti Computing and maintains a $3 price target, indicating a positive outlook for the stock.
The reiteration of a Buy rating by a reputable analyst can positively influence investor sentiment and potentially lead to an increase in the stock price in the short term. The maintained price target suggests that the analyst believes the stock has the potential to reach or exceed $3, which is likely higher than the current trading price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100