Rigetti Computing (RGTI) Stock Receives Upgrade Following $8.4M India Deal

TLDR Rigetti Computing (RGTI) received a Buy rating upgrade from B.Riley with a $35 price target An $8.4 million contract from India’s C-DAC drove the analyst’s decision The order accounts for 36-48% of projected 2025 revenue estimates Stock trades at $23.67 with 46% upside potential to target price Company pushed back Cepheus-1-108Q system launch to [...]

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