Craig-Hallum Downgrades Spire Global to Hold, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Jeff Van Rhee has downgraded Spire Global (NYSE:SPIR) from Buy to Hold and lowered the price target from $13 to $8.

August 15, 2024 | 12:27 pm
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Craig-Hallum analyst Jeff Van Rhee downgraded Spire Global from Buy to Hold and reduced the price target from $13 to $8.
The downgrade from Buy to Hold and the significant reduction in the price target from $13 to $8 by a reputable analyst is likely to negatively impact investor sentiment and short-term stock price performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100