Spire price target lowered to $69 from $72 at Mizuho

Mizuho analyst Gabriel Moreen lowered the firm’s price target on Spire to $69 from $72 and keeps a Neutral rating on the shares. With Missouri settled, Spire’s regulated business should support its growth, Moreen tells investors in a research note. However, the analyst also sees the company’s "valuation as capped given investor need to see company execution."