Keysight Technologies (KEYS – Research Report), the Technology sector company, was revisited by a Wall Street analyst today. Analyst Meta Marshall from Morgan Stanley maintained a Buy rating on the stock and has a $180.00 price target.
Meta Marshall has given his Buy rating due to a combination of factors that highlight the potential for positive earnings revisions for Keysight Technologies. The company has shown resilience with its strong performance in the Aerospace, Defense, and Government (AD&G) sectors, as well as in wireline businesses, which have contributed to its revenue and earnings surpassing expectations for the first quarter.
Despite some challenges in the automotive sector and a conservative outlook for the full year, Marshall believes that Keysight’s exposure to key investment areas positions it well for future growth. The stability in the wireless sector and the potential for increased demand are expected to drive earnings revisions upward throughout fiscal year 2025, supporting the Buy rating.
In another report released on February 24, Barclays also maintained a Buy rating on the stock with a $200.00 price target.
Based on the recent corporate insider activity of 87 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of KEYS in relation to earlier this year.