Wells Fargo raised the firm’s price target on Keysight Technologies (KEYS) to $390 from $300 and keeps an Overweight rating on the shares following quarterly results. The firm notes Keysight’s strong order growth reflects strong position as AI infra build-out and complexity beneficiary. Wells sees it as an extremely diverse play on digital transformation / modernization.
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Read More on KEYS:
- Keysight Technologies price target raised to $385 from $375 at Baird
- Keysight Technologies price target raised to $387 from $320 at Barclays
- Keysight Technologies Signals Powerful Momentum in AI Wave
- Closing Bell Movers: Roblox up 4% on buyback, Keysight gains on earnings
- Keysight Technologies reports Q2 adjusted EPS $2.87, consensus $2.32