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Keysight Technologies price target raised to $177 from $172 at JPMorgan

JPMorgan analyst Samik Chatterjee raised the firm’s price target on Keysight Technologies (KEYS) to $177 from $172 and keeps an Overweight rating on the shares. The company reported a “robust beat” on revenue and earnings in fiscal Q2, and more importantly, while keeping its typical conservatism, still guided to Q3 better than expectations as well as raised the full-year outlook, the analyst tells investors in a research note. The firm now assigns a higher earnings multiple to Keysight’s fiscal 2026 earnings forecast on account of the stronger than expected organic revenue drivers.

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