Keysight Technologies' (NYSE:KEYS) stock rating was recently upgraded, signaling increased confidence by market experts. Despite a share price drop last week, and a minor underperformance in the technology sector, optimism is high due to the company’s AI innovations and potential for growth amid market recovery. Principal Financial Group Inc. and Geode Capital Management LLC purchased significant shares signaling institutional interest. Barclays raised Keysight's price target to $200 from $180. The company faced some challenges with Q4 2024 Earnings, having missed expectations. Despite this, JPMorgan and Stifel Financial boosted the company's rating, citing better-than-expected sales. Keysight posted a Q4 profit drop, though the company’s Relative Strength Rating was upgraded. KEYS was also in focus as insiders sold roughly $6.5M of shares indicating potential hesitancy. Keysight is being recognized as a powerhouse in the AI boom and a key player in the next-gen tech design. News of a major defense deal also seems to aid its market performance. Their collaboration with ADI and Indra, and the acquisition of Spirent is also predicted to boost their stock performance.
Keysight Technologies KEYS News Analytics from Tue, 30 Jul 2024 07:00:00 GMT to Sat, 28 Dec 2024 04:38:07 GMT -
Rating 3
- Innovation 7
- Information 8
- Rumor 0
