Stifel raised the firm’s price target on Spire Global (SPIR) to $19 from $16 and keeps a Buy rating on the shares after the company announced the official termination for convenience of its Canadian WildFireSat contract. Resolution of the WildFireSat program loss clears the path for core growth as Spire is increasingly focused on higher-value, long-duration government and defense opportunities across RF intelligence, weather, and space reconnaissance, the analyst tells investors.
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