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-0.000621890547263779 -5.59701492538218E-05 0.00187189054726352 0.00248756218905467 0.000621890547263558 0.000621890547263558 0.00124378109452734 0.000621890547263558
Stock impact report

Rigetti Computing (RGTI) Reaffirmed Deployment Target for 108-Qubit System [Yahoo! Finance]

Rigetti Computing, Inc. (RGTI) 
Company Research Source: Yahoo! Finance
Rigetti Computing Inc. (NASDAQ: RGTI ) is one of the 11 best computer hardware stocks to buy for the long term On March 5, Kevin Garrigan from Jefferies decreased the firm's price target on Rigetti Computing Inc. (NASDAQ:RGTI) to $20 from $30. The analyst maintains a Hold rating on the stock, which currently yields almost 18% upside potential following the revision. electronics-6055226_1280 Despite the target adjustment, Garrigan views Rigetti's operational momentum positively, citing improved system sales momentum and multiple 2026 contract wins. Additionally, management's progress in speed and error rates, along with reassurance on their March timeline for the 108-qubit system deployment, turns out to be the key encouraging factor for the company's near-term outlook. Earlier on March 5, Rigetti Computing Inc. (NASDAQ:RGTI) announced Q4 revenue of $1.9 million versus the consensus forecasts of $2.3 million. Cash & equivalents, and available-for-sale investments as of Dec 31, Show less Read more
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