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Analysts Offer Insights on Technology Companies: Bel Fuse Inc (BELFB), Cellebrite DI (CLBT) and Rigetti Computing (RGTI)

Tipranks - Tipranks - Thu Apr 2, 9:54AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Bel Fuse Inc (BELFB), Cellebrite DI (CLBT) and Rigetti Computing (RGTI) with bullish sentiments.

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Bel Fuse Inc (BELFB)

In a report released today, Greg Palm from Craig-Hallum maintained a Buy rating on Bel Fuse Inc. The company’s shares closed last Wednesday at $206.64.

According to TipRanks.com, Palm is a 5-star analyst with an average return of 12.3% and a 49.4% success rate. Palm covers the Technology sector, focusing on stocks such as Frequency Electronics, Digital Turbine, and 3D Systems. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bel Fuse Inc with a $258.00 average price target, a 27.6% upside from current levels. In a report issued on March 17, TipRanks – xAI also reiterated a Buy rating on the stock with a $230.00 price target.

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Cellebrite DI (CLBT)

Craig-Hallum analyst Jeff Van Rhee maintained a Buy rating on Cellebrite DI today. The company’s shares closed last Wednesday at $13.77.

According to TipRanks.com, Rhee is a 5-star analyst with an average return of 15.4% and a 47.1% success rate. Rhee covers the Technology sector, focusing on stocks such as Intellicheck Mobilisia, Frequency Electronics, and Alkami Technology. ;'>

Cellebrite DI has an analyst consensus of Strong Buy, with a price target consensus of $20.67.

Rigetti Computing (RGTI)

In a report released today, Richard Shannon from Craig-Hallum maintained a Buy rating on Rigetti Computing. The company’s shares closed last Wednesday at $14.10.

According to TipRanks.com, Shannon is a top 25 analyst with an average return of 62.4% and a 54.4% success rate. Shannon covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Lightpath Technologies. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Rigetti Computing with a $33.88 average price target, which is a 136.9% upside from current levels. In a report issued on March 20, Benchmark Co. also reiterated a Buy rating on the stock with a $25.00 price target.

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