Maybe, but you should be sure whether the handlebar measures 25.4 mm or 26.0 mm (or possibly 26.4 mm) at the clamp. Could you give precise information about what stem is on there now?

There is also the possibility that you could reduce the reach by moving the saddle forward a little. If that's possible, it will change the way the bike fits you, and you'll figure out pretty quick whether it was an improvement of not.