Cantor Fitzgerald initiated coverage of Rigetti Computing (RGTI) with an Overweight rating and $15 price target Quantum computing is in the early stages but remains one of the most highly coveted technical milestones with significant economical implications, the analyst tells investors in a research note. While Rigetti is competing with Google (GOOGL), IBM (IBM), Intel (INTC), and Microsoft (MSFT), this ecosystem of technology leaders will help pave the way toward quantum capabilities within superconducting and positions Rigetti to benefit from the efforts of other, the firm argues.
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