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Keysight Technologies initiated with a Buy at UBS

UBS initiated coverage of Keysight Technologies (KEYS) with a Buy rating and $220 price target The firm views Keysight as the global leader in test and design. The company is nearing an “inflection” and growth acceleration, driven by artificial intelligence infrastructure, synergies from recent acquisitions, and continued rebound in the core business, the analyst tells investors in a research note. UBS believes this will margin expansion and a re-rating of the stock.

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