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Spirent Communications Sees Change in Voting Rights with Morgan Stanley’s Increased Stake

Story Highlights
  • Spirent Communications operates in telecom, offering testing and analytics solutions.
  • Morgan Stanley now holds 8.041724% of Spirent’s voting rights, indicating strategic interest.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Spirent Communications Sees Change in Voting Rights with Morgan Stanley’s Increased Stake

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The latest update is out from Spirent Communications ( (GB:SPT) ).

Spirent Communications PLC has announced a change in its voting rights structure due to Morgan Stanley’s acquisition and disposal of shares. Morgan Stanley now holds 8.041724% of voting rights in Spirent, marking a slight increase from their previous position. This adjustment in shareholding could influence Spirent’s strategic decisions and market positioning, reflecting Morgan Stanley’s continued interest and investment in the company.

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, providing testing, assurance, and analytics solutions for next-generation devices and networks.

Average Trading Volume: 2,534,380

Technical Sentiment Signal: Buy

Current Market Cap: £1.11B

Learn more about SPT stock on TipRanks’ Stock Analysis page.

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