Canaccord Genuity Maintains Buy on Spire Global, Lowers Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Austin Moeller maintains a Buy rating on Spire Global (NYSE:SPIR) but lowers the price target from $25 to $24.

March 22, 2024 | 6:16 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Canaccord Genuity maintains a Buy rating on Spire Global but lowers the price target from $25 to $24.
While the reduction in price target could suggest a slightly less optimistic view on the stock's value, the maintenance of a Buy rating indicates a continued positive outlook on Spire Global's performance. The impact on the stock price is likely neutral in the short term as the positive recommendation is counterbalanced by the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100