Deutsche Bank analyst Matthew Niknam raised the firm’s price target on Keysight Technologies to $180 from $178 and keeps a Buy rating on the shares. The analyst came away from the company’s investor day "incrementally positive" on its multi-year outlook. However, macro headwinds persist in the interim, keeping Keysight’s near-term order trends pressured and depressing revenue growth, the analyst tells investors in a research note.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on KEYS:
- Keysight Technologies sees adjusted EPS growing at least 10% annually
- Keysight Technologies to host investor day
- Keysight Technologies signs MOU with Analog Devices to advance 6G tech design
- Keysight Technologies acquires Cliosoft, terms not disclosed
- Keysight Technologies price target lowered to $178 from $190 at Deutsche Bank
