Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Rigetti Computing (RGTI – Research Report) and Everbridge (EVBG – Research Report).
Rigetti Computing (RGTI)
Benchmark Co. analyst David Williams reiterated a Buy rating on Rigetti Computing today and set a price target of $3.00. The company’s shares closed last Friday at $1.16.
According to TipRanks.com, Williams is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Rigetti Computing with a $3.17 average price target, a 159.8% upside from current levels. In a report released today, Needham also maintained a Buy rating on the stock with a $3.00 price target.
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Everbridge (EVBG)
In a report released today, Scott Berg from Needham maintained a Hold rating on Everbridge. The company’s shares closed last Friday at $34.74, close to its 52-week high of $35.70.
According to TipRanks.com, Berg is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
Everbridge has an analyst consensus of Hold, with a price target consensus of $33.50, representing a -3.6% downside. In a report released today, William Blair also downgraded the stock to Hold.
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Read More on RGTI:
- Rigetti Computing’s Balancing Act: Managing Senior Securities to Avoid Financial Peril
- Rigetti Computing to Report First Quarter 2024 Financial Results and Host Conference Call on May 9, 2024
- Rigetti Computing launches Novera QPU Partner Program
- Rigetti Computing Launches the Novera™ QPU Partner Program
- Rigetti Computing delivers Novera QPU to Horizon Quantum Computing
