Keysight Technologies price target raised to $168 from $157 at Citi

Citi raised the firm’s price target on Keysight Technologies to $168 from $157 and keeps a Buy rating on the shares. The shares were down 6% post earnings as better than expected January quarter results were overshadowed by a push out of bookings and sales recovery to the second half of the year, the analyst tells investors in a research note. The firm says positive trends in wireline and pockets of growth in electronic/industrial continue to be offset by wireless, China and broader macro headwinds.