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BofA upgrades Keysight Technologies, sees order strength as ‘here to stay’

As previously reported, BofA upgraded Keysight Technologies (KEYS) to Buy from Neutral with a price target of $340, up from $195, after the company reported that core orders accelerated to 22% year-over-year growth in fiscal Q1 and management raised its FY26 framework for adjusted EPS growth to 20%-plus from 10%-plus year-over-year. Given demand broadening beyond just AI, the firm sees order strength as “here to stay,” the analyst tells investors.

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