🟢 Rigetti Computing shares rise 4.3%, boosted by reiterated 'Buy' rating and sector momentum

Rigetti Computing Inc. is trading 4.3% higher at $21.51, supported by a reiterated "Buy" rating from a Wall Street analyst and continued positive sentiment in the quantum computing sector.

• On June 11, Rosenblatt Securities reiterated its "Buy" rating and a $40 price target on the stock, implying significant upside from its prior close.
• The stock's advance is also part of a broader surge in quantum computing shares, following recent news of a $2 billion U.S. government investment initiative in the sector under the CHIPS and Science Act.