{
Michael Wiggins

People

}
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top investor warns against investing in rigetti computing stock

Rigetti Computing's stock has plummeted 51% following Nvidia CEO Jensen Huang's prediction that commercial quantum applications are two decades away. Top investor Michael Wiggins De Oliveira warns against investing in Rigetti, citing unpredictable growth rates and potential negative Q4 revenues, while analysts maintain a Strong Buy consensus despite a projected 42% downside in the average price target.
TipRanks Financial
NVIDIA Corporation Rigetti Computing, Inc. USA Jensen Huang Michael Wiggins
Finance & Economy, Market Report
02:02 13.01.2025
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