Rigetti Computing (RGTI) Upgraded to Buy: What Does It Mean for the Stock?
RGTIRigetti(RGTI) ZACKS·2024-06-26 01:00

Rigetti Computing, Inc. (RGTI) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing e ...