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rigetti computing receives multiple buy ratings and target price upgrades
B. Riley raised its target price on Rigetti Computing from $4.00 to $8.50, maintaining a "buy" rating, while Needham & Company reiterated a "buy" with a $2.00 target. Rigetti has an average "buy" rating with a consensus price target of $5.70, despite some analysts favoring other stocks. Barclays PLC increased its stake by 275.6%, and insider trading saw significant share sales. Rigetti's stock has fluctuated between $0.66 and $21.42 over the past year, currently trading at $13.91.
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