Keysight Technologies concluded the second quarter of 2024 with revenues that surpassed expectations, though the firm's EPS fell short. Following the release of Q2 financials and a subsequent analyst downgrade, the company's share price witnessed a gap down. Although the revenues were lower than anticipated, Q2 earnings beat the estimates. The company's stock performance appears to be a mixed bag, with both outperformances and underperformances in relation to competitors being reported. Q2 earnings were highlighted by strong EPS amid declining revenues.
Susquehanna and
Barclays adjusted Keysight's price target to $195.00 and $151.00 respectively.
Robert W. Baird has set a new price target at $167.00.
Principal Securities Inc. and
BI Asset Management Fondsmaeglerselskab A S increased their shareholdings in the company, while Amalgamated Bank offloaded its shares.
Norges Bank has made a new investment in the company. Keysight has issued guidance for Q3 earnings, and the management updated the outlook for the firm amid the coronavirus outbreak.
Keysight Technologies KEYS News Analytics from Fri, 18 Aug 2023 07:00:00 GMT to Wed, 22 May 2024 21:06:00 GMT -
Rating 3
- Innovation -4
- Information 7
- Rumor -5
