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State Street Global Advisors Becomes Substantial Holder in Service Stream Limited

Story Highlights
  • State Street Global Advisors and subsidiaries now hold substantial voting shares in Service Stream Limited.
  • This move suggests institutional confidence in Service Stream’s market position and future prospects.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
State Street Global Advisors Becomes Substantial Holder in Service Stream Limited

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An announcement from Service Stream Limited ( (AU:SSM) ) is now available.

Service Stream Limited has announced that State Street Global Advisors and its subsidiaries have become substantial holders in the company, with a significant number of voting shares. This development indicates a strong interest from institutional investors, potentially impacting the company’s market positioning and signaling confidence in its future prospects.

The most recent analyst rating on (AU:SSM) stock is a Buy with a A$1.68 price target. To see the full list of analyst forecasts on Service Stream Limited stock, see the AU:SSM Stock Forecast page.

More about Service Stream Limited

YTD Price Performance: 26.79%

Average Trading Volume: 2,808,201

Technical Sentiment Signal: Buy

Current Market Cap: A$1.2B

For a thorough assessment of SSM stock, go to TipRanks’ Stock Analysis page.

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