Mizuho raised the firm’s price target on Spire (SR) to $96 from $93 and keeps an Outperform rating on the shares. The firm is surprised by last Friday’s post-earnings selloff in the shares. Spire issued “solid guidance for fiscal 2026 and 2027 while outlining the earnings path associated with the Missouri rate case and Tennessee acquisition, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SR:
- Spire price target raised to $99 from $91 at Morgan Stanley
- Spire’s Balanced Strategy: Growth Potential Amid Uncertainties Justifies Hold Rating
- Spire to Acquire Piedmont’s Tennessee Gas Business
- Spire’s Strategic Growth and Attractive Valuation Justify Buy Rating
- Spire Inc. Reports Strong Fiscal 2025 Results