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UBS Reduces Holdings in Spirent Communications Below 5%

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UBS Reduces Holdings in Spirent Communications Below 5%

Confident Investing Starts Here:

Spirent Communications ( (GB:SPT) ) has issued an announcement.

UBS Group AG’s trading book holdings in Spirent Communications PLC have fallen below the 5% threshold, making them exempt from further reporting obligations. This change in holdings indicates a shift in UBS’s investment strategy regarding Spirent Communications, which could impact the company’s market perception and investor relations.

The most recent analyst rating on (GB:SPT) stock is a Buy with a £1.99 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

Average Trading Volume: 2,542,200

Technical Sentiment Signal: Buy

Current Market Cap: £1.11B

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

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