Wells Fargo analyst Aaron Rakers lowered the firm’s price target on Keysight Technologies to $175 from $200 and keeps an Overweight rating on the shares. While it is difficult to refute the near-term share pressure, the firm believes the key tenets of its long-term thesis on Keysight remains intact. Wells would view a pullback as presenting an attractive risk/reward.
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Read More on KEYS:
- Keysight (NYSE: KEYS) Plunges as Q4 Outlook Misses the Mark
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