The reduction in price target by Canaccord Genuity could have a mixed impact on Surf Air Mobility's stock. While the maintenance of a Buy rating suggests continued confidence in the company's prospects, the lowered price target may signal revised expectations about the company's future performance. Investors might view this adjustment as a sign of caution, potentially leading to short-term volatility in the stock price. However, the overall positive outlook indicated by the Buy rating could help mitigate any negative perceptions.