Rigetti (RGTI) Climbs 13% on Window-Dressing

Group 1 - Rigetti Computing Inc. (NASDAQ:RGTI) experienced a share price increase of 13.13% on Monday, closing at $26.88, driven by a broader market rally and quarterly window-dressing activities [1][3] - The company is part of a positive trend in the quantum computing sector, alongside peers such as Quantum Computing Inc., D-Wave Quantum, and IonQ [3] - Wedbush has given Rigetti an "outperform" rating with a price target of $35, indicating a potential upside of 30.2% from its latest closing price [3][4] Group 2 - Wedbush's coverage highlights Rigetti's extensive experience in research and development within the quantum computing industry, positioning it as a leader in superconducting qubit technology [4] - The company is expected to benefit from anticipated growth in the quantum hardware addressable market in the long term [4]