- Piper Sandler analyst Weston Twigg initiated Spire Global Inc (NYSE:SPIR) with a Neutral rating and a price target of $6.50, implying an upside of 7%.
- Twigg says the company’s revenue will likely ramp slower than its pre-public target model.
- However, He adds that Spire maintains a “significant competitive advantage” due to its complete and operational satellite constellation, which could drive faster than expected revenue growth.
- Price Action: SPIR shares are trading lower by 3.34% at $6.08 on the last check Friday.
MarineMax Reports Mixed Q4 Results, Issues Robust FY22 EPS Outlook
MarineMax Inc (NYSE:HZO) reported fourth-quarter FY21 sales growth of 16% year-on-year, to $462.31 million, missing the analyst consensus of $512.77 million.…
