Rigetti Computing (RGTI) Is Considered a Good Investment by Brokers: Is That True? [Yahoo! Finance]
Rigetti Computing, Inc. (RGTI)
Company Research
Source: Yahoo! Finance
Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Rigetti Computing, Inc. (RGTI) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Rigetti Computing currently has an average brokerage recommendation (ABR) of 1.20, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by five brokerage firms. An ABR of 1.20 approximates between Strong Buy and Buy. Of the five recommendations that derive the current ABR, four are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 80% and 20% of all recommendations. Brokerage Recommendation Trends for RGTI Check price target & stock forecast for Rigetti Computing here While the ABR calls for buying Rigetti Computing, it may
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RGTI
News
- Investors Heavily Search Rigetti Computing, Inc. (RGTI): Here is What You Need to Know [Yahoo! Finance]Yahoo! Finance
- Analysts Just Made A Major Revision To Their Rigetti Computing, Inc. (NASDAQ:RGTI) Revenue Forecasts [Yahoo! Finance]Yahoo! Finance
- Rigetti Computing, Inc. (NASDAQ: RGTI) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $2.50 price target on the stock.MarketBeat
- Rigetti Computing, Inc. (NASDAQ: RGTI) had its price target raised by analysts at B. Riley from $3.00 to $3.50. They now have a "buy" rating on the stock.MarketBeat
- Rigetti Computing, Inc. (NASDAQ: RGTI) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $2.00 price target on the stock.MarketBeat
RGTI
Earnings
- 11/12/24 - In-Line
RGTI
Sec Filings
- 11/19/24 - Form SC
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- RGTI's page on the SEC website