Positive news for rgti?

Here is some positive news for Rigetti Computing (RGTI): 1. **Reaffirmed Buy Rating and Price Objective**: Benchmark reiterated their buy rating on RGTI with a $2.50 price objective, indicating confidence in the company's potential. 2. **Growth in QPU System Sales**: Rigetti is expanding its QPU customer base and has secured a five-year contract with the Air Force Research Lab, which is expected to drive revenue growth. 3. **Analyst Expectations**: Analysts have a unanimous buy consensus rating for RGTI, with an average price target of $3, suggesting significant upside potential. 4. **Performance and Fundamentals**: Rigetti's stock has returned +91.6% over the past month, outperforming the Zacks S&P 500 composite. Despite past losses, the company is focusing on cost reduction and margin improvement. 5. **Innovation and Development**: Rigetti's advancements in quantum processor performance and system fidelity are expected to enhance its capabilities and attract more partners and customers. In conclusion, Rigetti Computing is experiencing positive momentum due to a combination of analyst support, growth in sales, and innovative developments in the quantum computing industry.