Keysight Technologies Inc (KEYS) Rating Increased to Buy at Deutsche Bank AG
Keysight Technologies Inc (NASDAQ:KEYS) was upgraded by analysts at Deutsche Bank AG from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Monday. The firm currently has a $33.00 target price on the stock. Deutsche Bank AG’s target price suggests a potential upside of 7.63% from the stock’s current price.
Other equities analysts also recently issued reports about the company. Robert W. Baird decreased their price target on Keysight Technologies from $29.00 to $28.00 and set a “neutral” rating for the company in a research note on Thursday, August 18th. Zacks Investment Research downgraded Keysight Technologies from a “hold” rating to a “sell” rating in a research note on Friday, August 19th.
Shares of Keysight Technologies (NASDAQ:KEYS) opened at 30.66 on Monday. The firm has a market cap of $5.21 billion and a PE ratio of 10.14. The company has a 50 day moving average price of $29.75 and a 200-day moving average price of $28.63. Keysight Technologies has a 12-month low of $21.07 and a 12-month high of $33.48.
Keysight Technologies (NASDAQ:KEYS) last posted its quarterly earnings results on Wednesday, August 17th. The company reported $0.63 EPS for the quarter, topping the Zacks’ consensus estimate of $0.60 by $0.03. The firm earned $718 million during the quarter, compared to analyst estimates of $718.12 million. The firm’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter last year, the business posted $0.55 earnings per share. Analysts expect that Keysight Technologies will post $2.43 EPS for the current year.
Keysight Technologies Company Profile
Keysight Technologies, Inc (Keysight) is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic measurement instruments and systems and related software, software design tools, and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment.
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