BofA lowered the firm’s price target on Keysight Technologies to $142 from $148 and keeps an Underperform rating on the shares. While Keysight posted Q3 adjusted EPS upside, driven mainly by margins, orders declined 15% y/y on a core basis vs. last quarter’s 8% decline, and demand in Asia weakened meaningfully in the quarter, the analyst tells investors in a research note.
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