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Wall Street analysts are bullish on two AI-related stocks: Rigetti Computing and SoundHound AI, projecting potential gains of 90% and 110% respectively.
Among them, quantum computing company Rigetti Computing (NASDAQ: RGTI) received "buy" ratings from 6 out of 9 analysts, with an average target price of $30.71, indicating an upside potential of approximately 90% within the next 12-18 months. Meanwhile, AI product and service provider SoundHound AI (NASDAQ: SOUN) received "buy" ratings from all 4 covering analysts, with an average target price of $12.75, projecting an upside potential of approximately 110%. SoundHound AI is scheduled to release its earnings report on August 5th.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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