Canaccord Genuity Assumes Spire Global at Buy, Lowers Price Target of $12
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Austin Moeller has assumed a Buy rating for Spire Global (NYSE:SPIR) but has lowered the price target to $12.
September 10, 2024 | 12:16 pm
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Canaccord Genuity has maintained a Buy rating for Spire Global but reduced the price target to $12, indicating a positive outlook with some caution.
The Buy rating suggests confidence in Spire Global's potential, but the lowered price target indicates some caution about its short-term performance. This mixed signal could lead to a slight positive impact on the stock price as the Buy rating outweighs the reduced target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100