Spire Global Inc is trading 11% up at $21.13 after Stifel raised its price target to $24.00 and reiterated a Buy rating.
- Analysts at Stifel cited an attractive setup and improving risk-reward profile for the company.
- The stock is rebounding sharply following several consecutive down sessions in late May and early June.
- The positive analyst call is drawing fresh investor interest despite recent market volatility.