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Benzinga
Benzinga
Business
Henry Khederian

Rigetti Computing (RGTI) Stock Jumps 10% As Cantor Fitzgerald Initiates With Buy Rating

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Shares of Rigetti Computing Inc (NASDAQ:RGTI) are soaring Wednesday afternoon after Cantor Fitzgerald initiated coverage on the quantum computing firm with an Overweight rating and a $15.00 price target.

What To Know: Analyst Troy Jensen cited the company’s position as a leading pure-play in superconducting quantum systems as a key reason for the bullish outlook.

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