Quantum Computing Stock Rigetti (RGTI) Soars as Analyst Raises Price Target to Street-High $50
Rigetti Computing (RGTI) has surged 191% in the past month, capping a staggering 5,494% gain over the last 12 months. Benchmark analyst David Williams, ranked among the top 2% of Wall Street professionals, now sees further upside, raising his price target from $20 to $50—a 14% potential increase from current levels.
The quantum computing sector is experiencing rapid revaluation as innovation accelerates and commercial applications appear nearer than previously anticipated. Williams maintains his Buy rating, citing expanding ecosystems and maturing business models as key drivers.