Spire price target raised to $81 from $73 at BofA

BofA analyst Ross Fowler raised the firm’s price target on Spire (SR) to $81 from $73 and keeps a Neutral rating on the shares. The firm, which forecasts Q3 EPS of (10c), versus the Street at (12c), adjusted its FY26 and FY27 estimates for reduced regulatory lag in Missouri from new rates and use of a future test year in future rate case filings post 2026.