Spire price target raised to $99 from $91 at Morgan Stanley

Morgan Stanley analyst David Arcaro raised the firm’s price target on Spire (SR) to $99 from $91 and keeps an Equal Weight rating on the shares after the company updated its financial plan with Q4 results. The re-basing of long-term EPS growth implies an 11% increase in earnings power versus the previous plan, the analyst tells investors. TipRanks Black Friday Sale Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence. Subscribe to TipRanks' ...