Stifel Maintains Hold on Spire, Lowers Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Selman Akyol has maintained a Hold rating on Spire (NYSE:SR) but has reduced the price target from $67 to $64.
November 20, 2023 | 3:25 pm
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Stifel analyst Selman Akyol reaffirmed a Hold rating on Spire and lowered the price target from $67 to $64, indicating a more cautious outlook on the stock's value.
The reduction in price target by a Stifel analyst could lead to a negative perception among investors regarding Spire's stock value, potentially causing a short-term decline in the stock price. The Hold rating suggests no significant change in the company's fundamentals, but the lowered price target may reflect concerns about growth prospects or market conditions that could impact the stock.
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IMPORTANCE 75
RELEVANCE 100