Truist raised the firm’s price target on Keysight Technologies (KEYS) to $376 from $310 and keeps a Hold rating on the shares. The firm is surprised by the “muted” reaction in Keysight shares following the “strong” fiscal Q2 report. Investor pushback is around the softer than anticipated Q3 outlook, but this reflects some conservatism, the analyst tells investors in a research note. Truist is “incrementally constructive” on the stock post earnings but awaits a better entry point.
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