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Morgan Stanley Increases Stake in Spirent Communications

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Morgan Stanley Increases Stake in Spirent Communications

Confident Investing Starts Here:

An update from Spirent Communications ( (GB:SPT) ) is now available.

Morgan Stanley has increased its stake in Spirent Communications PLC, crossing a significant threshold of voting rights. This acquisition of voting rights, which now totals 8.029924%, highlights Morgan Stanley’s strategic interest in Spirent, potentially impacting the company’s shareholder dynamics and market perception.

The most recent analyst rating on (GB:SPT) stock is a Buy with a £2.25 price target. To see the full list of analyst forecasts on Spirent Communications stock, see the GB:SPT Stock Forecast page.

More about Spirent Communications

Spirent Communications PLC is a UK-based company operating in the telecommunications industry, primarily focusing on providing testing, assurance, and analytics solutions for networks and connected devices.

Average Trading Volume: 2,783,846

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.11B

See more insights into SPT stock on TipRanks’ Stock Analysis page.

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