Barclays raised the firm’s price target on Keysight Technologies (KEYS) to $200 from $180 and keeps an Overweight rating on the shares. The company’s fiscal Q4 beat and Q1 guidance came in ahead of estimates, the analyst tells investors in a research note. The firm says management continued to point to a “gradual recovery” in fiscal 2025, issuing a base case assumption of 5% sales growth, which is achievable.
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Read More on KEYS:
- Keysight Technologies price target raised to $180 from $175 at Deutsche Bank
- Keysight Technologies Reports Strong Q4 and FY2024 Results
- Closing Bell Movers: Keysight up 9% after Q4 earnings beat
- Keysight Technologies reports Q4 EPS $1.65, consensus $1.57
- Keysight Technologies sees Q1 EPS $1.65-$1.71, consensus $1.55