Stifel Maintains Buy on Spire Global, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Erik Rasmussen maintains a Buy rating on Spire Global (NYSE:SPIR) but lowers the price target from $24 to $20.

May 16, 2024 | 11:55 am
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Stifel analyst Erik Rasmussen maintains a Buy rating on Spire Global but lowers the price target from $24 to $20.
The Buy rating suggests continued confidence in Spire Global's long-term prospects, but the lowered price target indicates some caution about short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100