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Why Rigetti Computing Stock Just Popped

The Motley Fool·
Why Rigetti Computing Stock Just Popped

Rigetti Computing stock jumped 7.7% after competitor D-Wave Quantum announced a partnership with AT&T to use its quantum computing technology. Additionally, Benchmark analyst David Williams initiated coverage of Rigetti with a buy rating and $25 price target, suggesting 67% upside potential. However, analysts caution that quantum computing profits remain years away and recommend a portfolio approach to the sector.

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