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Analysts Offer Insights on Technology Companies: PubMatic (PUBM), nCino (NCNO) and Rigetti Computing (RGTI)

Tipranks - Thu Apr 2, 6:26AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on PubMatic (PUBM), nCino (NCNO) and Rigetti Computing (RGTI) with bullish sentiments.

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PubMatic (PUBM)

Rosenblatt Securities analyst Barton Crockett maintained a Buy rating on PubMatic today and set a price target of $21.00. The company’s shares closed last Tuesday at $8.18.

According to TipRanks.com, Crockett is a 4-star analyst with an average return of 4.7% and a 51.5% success rate. Crockett covers the NA sector, focusing on stocks such as Emerald Expositions Events, Nexxen International, and Sirius XM Holdings. ;'>

PubMatic has an analyst consensus of Moderate Buy, with a price target consensus of $12.42.

See today’s best-performing stocks on TipRanks >>

nCino (NCNO)

In a report released today, Charles Nabhan from Stephens reiterated a Buy rating on nCino, with a price target of $26.00. The company’s shares closed last Tuesday at $14.98.

According to TipRanks.com, Nabhan ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -9.3% and a 32.9% success rate. Nabhan covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Fidelity National Info, and Alkami Technology. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for nCino with a $22.89 average price target, which is a 56.7% upside from current levels. In a report released today, Piper Sandler also upgraded the stock to Buy with a $22.00 price target.

Rigetti Computing (RGTI)

In a report released today, John McPeake from Rosenblatt Securities reiterated a Buy rating on Rigetti Computing, with a price target of $40.00. The company’s shares closed last Tuesday at $14.04.

According to TipRanks.com, McPeake is a 1-star analyst with an average return of -1.9% and a 52.0% success rate. McPeake covers the Technology sector, focusing on stocks such as Palantir Technologies, Quantum Computing, and D-Wave Quantum. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Rigetti Computing with a $33.88 average price target, a 156.1% upside from current levels. In a report issued on March 26, Craig-Hallum also maintained a Buy rating on the stock.

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