RGTI Crosses Above Average Analyst Target
December 02, 2024 at 07:01 AM EST
In recent trading, shares of Rigetti Computing Inc (RGTI) have crossed above the average analyst 12-month target price of $3.00, changing hands for $3.05/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..
