Separately, Zacks Investment Research cut Spirent Communications from a “buy” rating to a “hold” rating in a research note on Wednesday, December 5th.
Shares of SPMYY remained flat at $$7.61 during mid-day trading on Monday. Spirent Communications has a one year low of $5.82 and a one year high of $8.74.
Spirent Communications plc provides solutions to develop devices and equipment and to operate networks worldwide. The company operates through three segments: Networks & Security, Lifecycle Service Assurance, and Connected Devices. The Networks & Security segment develops performance and security test systems to accelerate the development of new devices, networks, and applications for high-speed Ethernet/IP, mobile, and global satellite navigation systems.
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