Morgan Stanley analyst Meta Marshall raised the firm’s price target on Keysight Technologies (KEYS) to $268 from $227 and keeps an Equal Weight rating on the shares. Fiscal Q1 was “much stronger than expected,” says the analyst, who calls the second quarter in a row of meaningful acceleration in revenue growth as Keysight begins to see compounding cycles on AI and increased A&D investment.
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Read More on KEYS:
- Keysight Technologies price target raised to $322 from $243 at Goldman Sachs
- Keysight Technologies price target raised to $320 from $232 at Barclays
- Closing Bell Movers: Keysight rallies 15% after earnings beat
- Keysight Technologies reports Q4 EPS $2.17, consensus $2.00
- Keysight Technologies sees Q2 EPS $2.27-$2.33, consensus $1.91