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Spirent Communications (LON:SPT) Price Target Cut to GBX 200

Spirent Communications (LON:SPT – Get Rating) had its price target reduced by Deutsche Bank Aktiengesellschaft from GBX 250 ($3.07) to GBX 200 ($2.46) in a research note published on Wednesday, Marketbeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock. Other research analysts also recently issued reports about the stock. Canaccord […] ....

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FTSE struggles for direction with US markets closed for MLK Day | 18 January 2021


18 January 2021 | 16:38pm
StockMarketWire.com - The FTSE 100 was off its lows but still down for the day, closing 0.2% lower at 6,720.65 as the lack of any US trading thanks to Martin Luther King Day saw it struggle for direction
Device testing and analytics group Spirent Communications fell 1% to 260p even its annual revenue rose 4%, helping it to achieve a strong rise in earnings in line with its expectations.
Spirent Communications said it may return excess cash to shareholders, but warned that an ongoing Covid-19 impact on customer spending patterns meant growth in 2021 was expected to be second-half weighted.
Pharmaceutical giants AstraZeneca gained 1.1% to £76.78 on news that it and Daiichi Sankyo had received US approval for their gastric cancer drug. ....

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