Rigetti Price Targets Cut by Up to 52% After Revenue Miss
Several firms cut price targets for Rigetti Computing after its third-quarter revenue missed Wall Street expectations; four firms maintained bullish ratings.
Rigetti Computing (RGTI) received a slew of price-target cuts on Wednesday after its third-quarter revenue missed Wall Street expectations, although four firms maintained their bullish ratings on the quantum computing company.Needham made the steepest reduction, lowering its target by 52% to $15 fr…