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.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KEYS:
- Keysight Technologies: Strong Performance and Positive Outlook Justify Buy Rating
- Positive Outlook for Keysight Technologies: Buy Rating Supported by Strong Order Growth and Strategic Initiatives
- Closing Bell Movers: Futures slip amid Middle East conflict risk
- Keysight Technologies sees Q3 EPS $1.63-$1.69, consensus $1.69
- Keysight Technologies reports Q2 EPS $1.70, consensus $1.65
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue