🟢 Rigetti Computing is trading 10.1% up today after Wedbush initiated coverage with an Outperform rating and $40 target

Rigetti Computing is trading 10.1% up at $17.63 after Wedbush initiated coverage with an Outperform rating and an aggressive $40 price target.

• Analysts highlighted the company's significant progress in quantum technology development and improvements in qubit fidelity.
• The move extends a strong multi-day rally in quantum and semiconductor names as broader AI and chip stocks surge amid positive market sentiment.