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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Broker tips: Spirent Communications, Cranswick

(Sharecast News) - Canaccord Genuity analysts trimmed their target price for Spirent Communications, but kept their recommendation at 'speculative buy'. They described the telecommunications testing company's interims as "soft" but said that orders had seen an "encouraging" pick up.

Furthermore, they 20% year-on-year dop in first half sales had already been telegraphed by the outfit in previous updates.

However, Spirent had managed its cost base "well" and there had been clear signs of improvement regarding demand and the outlook for the second half.

Canaccord trimmed its target from 250.0p to 240.0p but kept its recommendation at 'speculative buy'.

Analysts at Berenberg hiked their target price for shares of Cranswick.

In their view, the food producer would be able to continue outperforming rivals in terms of volumes.

They also said that high pork pricing would allow Cranswick to deliver better-than-expected outcomes.

And yet, the company's shares were changing hands around one standard deviation beneath its long-run historical averages.

Their target price was raised from 4,000.0p to 4,600.0p and reiterated their 'buy' recommendation.

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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