BofA analyst David Ridley-Lane raised the firm’s price target on Keysight Technologies (KEYS) to $405 from $340 and keeps a Buy rating on the shares. Following a fiscal Q2 beat, the firm raised its FY26 and FY27 adjusted EPS estimates and applies a higher multiple to reflect AI momentum, above-average margins and industry leading market share.
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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