This study examines articulatory lenition of intervocalic stops in Spanish and tests the theories that 1) /b, d, g/ have an intended target for closure equal to that of /p, t, k/ and 2) spirantization of /b, d, g/ is caused by undershoot due to their short duration phrase medially. Consistent with past acoustic studies, subjects produce /b/ with incomplete closure phrase medially and complete closure phrase initially. Additionally, /b/ is shorter than /p/ phrase medially though not initially. For /b/, though not for /p/, there is a correlation between constriction degree and duration, consistent with the theory of dynamical undershoot. The results from the study are accurately modeled with a virtual target for /b/ slightly beyond the point of articulator contact. Such a target results in full closure at long durations (such as found phrase initially) and incomplete closure at shorter durations. Based on this evidence, it is proposed that /b, d, g/ differ from /p, t, k/ in three ways: they are shorter, lack a devoicing gesture, and have a target closer to – but still beyond – the point of articulator contact.