UBS raised the firm’s price target on Keysight Technologies (KEYS) to $230 from $220 and keeps a Buy rating on the shares. Keysight reported a strong Q4 with orders up 14% and Commercial Communications accelerating to up 12%, with a better than expected gross margin amid a less than feared tariff impact, the analyst tells investors in a research note. UBS thinks the thesis is playing out and sees additional upside in the shares as the pricing offsets to tariffs continue to flow through.
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