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Analysts Have Conflicting Sentiments on These Technology Companies: Viavi Solutions (VIAV), Rigetti Computing (RGTI) and Rockley Photonics Holdings (RKLY)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Viavi Solutions (VIAVResearch Report), Rigetti Computing (RGTIResearch Report) and Rockley Photonics Holdings (RKLYResearch Report).

Viavi Solutions (VIAV)

In a report released today, Alex Henderson from Needham maintained a Hold rating on Viavi Solutions. The company’s shares closed last Thursday at $15.27.

According to TipRanks.com, Henderson is a 5-star analyst with an average return of 20.1% and a 59.7% success rate. Henderson covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, CyberArk Software, and Extreme Networks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Viavi Solutions with a $16.50 average price target.

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Rigetti Computing (RGTI)

In a report released today, David Williams from Benchmark Co. maintained a Buy rating on Rigetti Computing, with a price target of $10.00. The company’s shares closed last Thursday at $4.34, close to its 52-week low of $3.25.

According to TipRanks.com, Williams is a 5-star analyst with an average return of 15.9% and a 64.0% success rate. Williams covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Lattice Semiconductor, and One Stop Systems.

Rigetti Computing has an analyst consensus of Strong Buy, with a price target consensus of $10.33, representing a 129.6% upside. In a report issued on August 9, Deutsche Bank also initiated coverage with a Buy rating on the stock with a $10.00 price target.

Rockley Photonics Holdings (RKLY)

In a report released today, Quinn Bolton from Needham maintained a Buy rating on Rockley Photonics Holdings, with a price target of $4.00. The company’s shares closed last Thursday at $2.00, close to its 52-week low of $1.83.

According to TipRanks.com, Bolton is a top 25 analyst with an average return of 44.8% and a 72.2% success rate. Bolton covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Navitas Semiconductor.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rockley Photonics Holdings with a $9.00 average price target.

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