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Spire Global price target raised to $24 from $18 at Canaccord

Canaccord raised the firm’s price target on Spire Global (SPIR) to $24 from $18 and keeps a Buy rating on the shares. The firm said while investors are still awaiting the issuance of restated financials for the pasttwo years (NYSE deadline on February 19), they continue to view the company’s recent contract announcements such as the company-record $40M in new bookings announced in Q3/24, as a positive indication from Spire’s customers.

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