This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Have Conflicting Sentiments on These Technology Companies: Rigetti Computing (RGTI) and Wisetech Global (OtherWTCHF)

Tipranks - Tue May 12, 9:00PM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Rigetti Computing (RGTI) and Wisetech Global (WTCHF).

Claim 55% Off TipRanks

Rigetti Computing (RGTI)

TD Cowen analyst Krish Sankar maintained a Hold rating on Rigetti Computing yesterday. The company’s shares closed last Monday at $20.51, close to its 52-week high of $21.42.

According to TipRanks.com, Sankar is a top 25 analyst with an average return of 56.1% and a 70.8% success rate. Sankar covers the Technology sector, focusing on stocks such as Ultra Clean Holdings, ARM Holdings PLC ADR, and SkyWater Technology. ;'>

Rigetti Computing has an analyst consensus of Moderate Buy, with a price target consensus of $30.67, a 64.3% upside from current levels. In a report issued on April 30, TipRanks – xAI also reiterated a Hold rating on the stock with a $16.00 price target.

See the top stocks recommended by analysts >>

Wisetech Global (WTCHF)

In a report released yesterday, Jackson Lee from RBC Capital maintained a Buy rating on Wisetech Global, with a price target of A$70.00. The company’s shares closed last Tuesday at $32.80.

According to TipRanks.com, Lee is ranked #7875 out of 12243 analysts.

Currently, the analyst consensus on Wisetech Global is a Strong Buy with an average price target of $54.90, a 67.4% upside from current levels. In a report issued on April 30, Morgan Stanley also maintained a Buy rating on the stock with a A$70.00 price target.

Read More on RGTI:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.