Quantum Computing's Dark Horse Rigetti Stands At The Edge Of Greatness
Rigetti Computing RGTI is back in the spotlight. After a punishing stretch in 2022 and 2023, the quantum computing firm has staged a remarkable turnaround—its stock soaring more than 1,000% over the past year. Now, Wall Street is starting to take notice. On Wednesday, Cantor Fitzgerald analyst Troy Jensen initiated coverage on Rigetti with an Overweight rating and a bullish $15 price target.Although the stocks have all experienced meaningful appreciation and are trading at steep valuations based on any near ...