Stock Track | Rigetti Computing Soars 14.71% as Analyst Lifts Price Target, Quantum Stocks Rebound

Stock Track

01/14

Rigetti Computing Inc. (RGTI) saw its shares soar 14.71% in pre-market trading on Tuesday, driven by a combination of positive analyst sentiment and a broader rebound in the quantum computing sector.

B. Riley analyst Craig Ellis raised the firm's price target on RGTI to $8.50 from $4, maintaining a "Buy" rating on the stock. The analyst's optimistic outlook was a key catalyst for the stock's surge, as investors responded favorably to the increased price target.

RGTI's pre-market rally was also supported by a broader recovery in quantum computing stocks, which had sold off on Monday following cautious comments from tech leaders about the near-term prospects of the technology. Rigetti Computing, along with other quantum computing firms like D-Wave Quantum (QBTS) and SEALSQ Corp (LAES), staged a rebound as investors regained confidence in the sector's potential.

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(RGTI) saw its shares soar 14.71% in pre-market trading on Tuesday, driven by a combination of positive analyst sentiment and a broader rebound in the quantum computing sector.</p>\n\n<p>B. Riley analyst Craig Ellis raised the firm's price target on RGTI to $8.50 from $4, maintaining a \"Buy\" rating on the stock. The analyst's optimistic outlook was a key catalyst for the stock's surge, as investors responded favorably to the increased price target.</p>\n\n<p>RGTI's pre-market rally was also supported by a broader recovery in quantum computing stocks, which had sold off on Monday following cautious comments from tech leaders about the near-term prospects of the technology. Rigetti Computing, along with other quantum computing firms like D-Wave Quantum (QBTS) and SEALSQ Corp (LAES), staged a rebound as investors regained confidence in the sector's potential.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RGTI","symbol_name":"Rigetti Computing","start_time":0,"source_url":"","article_id":"1128818014","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1128818014","pubTimestamp":1736865344,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Rigetti Computing Inc.  saw its shares soar 14.71% in pre-market trading on Tuesday, driven by a combination of positive analyst sentiment and a broader rebound in the quantum computing sector.B. 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