Morgan Stanley Maintains Equal-Weight on Spire, Lowers Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an Equal-Weight rating on Spire (NYSE:SR) and lowered the price target from $74 to $73.

July 21, 2023 | 3:10 pm
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Morgan Stanley has maintained an Equal-Weight rating on Spire and lowered the price target from $74 to $73.
The lowering of the price target by a major financial institution like Morgan Stanley could potentially lead to a decrease in Spire's stock price in the short term. The Equal-Weight rating suggests that the stock is expected to perform in line with the market, which may not encourage new investors.
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IMPORTANCE 80
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