Rigetti Computing Just Got a New Street-High Price Target. Should You Buy RGTI Stock Now?

Quantum computing firm Rigetti Computing (RGTI) recently received a Street-high price target of $50 from analysts at Benchmark, indicating potential upside of 13% from current levels. The upgrade marks a giant leap from the earlier target of $20 per share. Analyst David Williams believes the quantum sector is accelerating, and that Rigetti’s long-term strategy is well-supported by its execution. Moreover, the contracts that the company has managed to gain also position Rigetti for growth. More News from ...