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Spire Global price target lowered to $12 from $16 at Canaccord

Canaccord lowered the firm’s price target on Spire Global (SPIR) to $12 from $16 and keeps a Buy rating on the shares. The firm noted they posted delayed Q2 results which beat their estimates but the company plans to host a financial update conference call in December to present its Q3 results and issue 2025 guidance.

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