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Analysts’ Top Technology Picks: Urgent.ly Inc (ULY), Rigetti Computing (RGTI)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Urgent.ly Inc (ULYResearch Report) and Rigetti Computing (RGTIResearch Report) with bullish sentiments.

Rigetti Computing (RGTI)

Needham analyst Quinn Bolton maintained a Buy rating on Rigetti Computing today and set a price target of $3.00. The company’s shares closed last Thursday at $1.98.

According to TipRanks.com, Bolton is a top 25 analyst with an average return of 31.9% and a 67.6% success rate. Bolton covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Smart Global Holdings.

Rigetti Computing has an analyst consensus of Moderate Buy, with a price target consensus of $3.25, a 54.8% upside from current levels. In a report issued on March 1, Alliance Global Partners also initiated coverage with a Buy rating on the stock with a $3.50 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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