Baird Downgrades Spire Global to Neutral, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Jeffrey Meuler has downgraded Spire Global (NYSE:SPIR) from Outperform to Neutral and lowered the price target from $15 to $9.

August 15, 2024 | 4:13 pm
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Baird analyst Jeffrey Meuler downgraded Spire Global from Outperform to Neutral and reduced the price target from $15 to $9.
The downgrade from Outperform to Neutral and the significant reduction in the price target from $15 to $9 by a reputable analyst is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100