Core Viewpoint - Rigetti Computing, Inc. (NASDAQ:RGTI) is recognized as a promising investment opportunity following an upgrade by B. Riley analyst Craig Ellis, who raised the stock rating to "Buy" from "Neutral" while maintaining a price target of $35, citing improved visibility into the company's commercial trajectory and future estimates [1][2]. Group 1: Company Developments - Rigetti Computing India P L, a wholly owned subsidiary of Rigetti Computing, received an $8.4 million purchase order to deliver a 108-qubit quantum computer to the Centre for Development of Advanced Computing (C-DAC), India's leading R&D organization under the Ministry of Electronics and Information Technology [2]. - The quantum computer is scheduled for deployment in the second half of 2026 and will be installed on-premises at C-DAC's Bengaluru center, highlighting Rigetti's role as a pioneer in full-stack quantum computing [3]. Group 2: Market Position and Comparisons - While Rigetti Computing is viewed as a potential investment, there are suggestions that certain AI stocks may offer greater upside potential with less downside risk, indicating a competitive landscape in the technology sector [4].