Needham analyst Quinn Bolton reiterated a Buy rating on Rigetti Computing (RGTI – Research Report) today and set a price target of $1.00. The company’s shares opened today at $0.49.
Bolton covers the Technology sector, focusing on stocks such as Intel, Nova, and Vicor. According to TipRanks, Bolton has an average return of 32.5% and a 64.92% success rate on recommended stocks.
Rigetti Computing has an analyst consensus of Moderate Buy, with a price target consensus of $1.25.
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The company has a one-year high of $9.52 and a one-year low of $0.36. Currently, Rigetti Computing has an average volume of 950.8K.
Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RGTI in relation to earlier this year.
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Supernova Partners Acquisition Co II Ltd is a blank check company.
Read More on RGTI:
- Rigetti Computing Reports First Quarter 2023 Results
- Rigetti Computing to Report First Quarter 2023 Financial Results and Host Conference Call on May 11, 2023
- Rigetti Computing price target lowered to $1.50 from $2 at Deutsche Bank
- Rigetti Computing price target lowered to $1 from $3 at Needham
- Rigetti Computing Reports Fourth-Quarter and Full-Year 2022 Results
