Canaccord Genuity raises target price on Spirent Communications
10th Apr 2024 10:28
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on telecommunications testing company Spirent Communications from 175.5p to 199.0p on Wednesday following Keysight's recent cash offer.
Read moreSpire offloads Tunbridge Wells hospital for £10m
3rd Apr 2024 07:36
(Sharecast News) - Healthcare group Spire has announced the recent sale of one of its leasehold hospitals in Tunbridge Wells for £10m, which it says was part of its "consistent and proactive approach to portfolio management".
Read moreLondon close: Stocks finish firmer ahead of Easter break
28th Mar 2024 16:08
(Sharecast News) - London's equity markets closed higher on Thursday ahead of the Easter break, despite lingering concerns over the UK's recessionary status in the latter part of last year.
Read moreKeysight outbids Viavi in £1.2bn takeover of Spirent Communications
28th Mar 2024 07:09
(Sharecast News) - Keysight Technologies has reached a deal to buy Spirent Communications for £1.16bn, outbidding US peer Viavi Solutions which had already agreed to take over the UK telecoms group earlier this month.
Read moreSpirent Communications to be taken over by Viavi in £1bn deal
5th Mar 2024 07:44
(Sharecast News) - Spirent Communications said on Tuesday that it has agreed to be taken over by US communications equipment company Viavi in a £1bn deal, as it revealed a slump in profits.
Read moreLondon close: Stocks finish lower as wage growth eases
16th Jan 2024 16:17
(Sharecast News) - London's stock markets finished in the red on Tuesday, as investors assessed the latest UK jobs data.
Read moreSpirent Communications confident after challenging 2023
16th Jan 2024 08:07
(Sharecast News) - Spirent Communications said in an update on Tuesday that, despite facing a challenging year in the telecommunications sector, its 2023 full-year results aligned with its revised expectations.
Read moreNumis hikes Spirent Communications target price, upgrades to 'buy'
12th Dec 2023 09:33
(Sharecast News) - Numis hiked its price target on Spirent Communications on Tuesday to 155p from 95p on the back of upgraded forecasts.
Read moreAT&T's OpenRAN acceleration should benefit Spirent and Calnex, says Canaccord
5th Dec 2023 11:30
(Sharecast News) - Canaccord Genuity has reiterated its 'buy' ratings on Spirent and Calnex, saying the announcement by AT&T to commit $14bn to accelerate OpenRAN in the US "should rub off positively" on the UK-listed tech firms.
Read moreLondon close: Stocks mixed as US GDP growth tops forecasts
29th Nov 2023 16:40
(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by a combination of UK data releases and robust economic growth in the US.
Read moreSpirent Communications inks testing agreement with financial services organisation
29th Nov 2023 08:02
(Sharecast News) - Telecommunications testing company Spirent Communications has signed an agreement with an unnamed financial services organisation to automate its lab and testing capabilities.
Read moreLondon close: Stocks manage solid finish after US payrolls surge
6th Oct 2023 15:36
(Sharecast News) - London stocks managed an uplifting performance on Friday, buoyed by optimistic economic data from the United States and a wave of speculative trading focussed on Aviva.
Read moreCanaccord slashes Spirent forecasts but still sees upside
5th Oct 2023 08:57
(Sharecast News) - Canaccord Genuity has slashed its target price for Spirent Communications by 40% after the third downgrade to forecasts this year, but maintained a 'speculative buy' rating saying that a rebound is still likely.
Read moreLondon close: Stocks finish in the red after raft of global data
4th Oct 2023 16:33
(Sharecast News) - London stocks retreated on Wednesday, reversing earlier gains as investors contended with suboptimal data from the UK services sector and the US jobs market.
Read moreSpirent Communications cuts near-term outlook
4th Oct 2023 07:30
(Sharecast News) - Spirent Communications cut its near-term outlook on Wednesday as it pointed to an "extremely challenged" telecommunications market and the fact its largest customers are delaying expenditure and technology investments.
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