Spire: Missouri Is A ‘Swing State’ That Could Turn Performance From ‘Mediocre To Marvelous’
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Last month Spire Inc (NYSE:SR) reported a higher-than-expected loss for its fiscal fourth quarter.
The current Street expectations do not fully reflect the company’s 2025 rate case, which is likely to go into effect in early fiscal 2026, according to Mizuho Securities.
Analyst Gabriel Moreen upgraded the rating on Friday for Spire from Neutral to Outperform, while raising the price target from $65 to $76.
The Spire Thesis: Investor sentiment for Spire Missouri could turn positive, as uncertainties reduce, Moreen said in the upgrade note.
Check out other analyst stock ratings.
“Although the relationship between …
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