Sequoia Financial Advisors LLC Lowers Stake in Rigetti Computing, Inc. $RGTI
Sequoia Financial Advisors LLC reduced its stake in Rigetti Computing, Inc. (NASDAQ:RGTI) by 33.8% in Q3, now holding 82,165 shares valued at $2.45 million. Other institutional investors have also adjusted their positions, with Osaic Holdings increasing its stake by 119.2%. Analysts have mixed ratings on RGTI, with a consensus rating of "Moderate Buy" and a target price of $32.10. Recent news highlights Rigetti's advancements in quantum computing, but concerns about competition and financial performance persist, leading to a 2.5% decline in stock price.
Market Beat·
