The recent updates from Keysight Technologies (KEYS) are quite dynamic. The company, despite some downgrades, shows resilience with its AppFusion Network Visibility Program and its Integration with Forescout and Nozomi Networks. KEYS is indeed making strides in automotive innovation, buying out Ansys' PowerArtist business and enhancing its portfolio with AI-based software offering and expanded Novus Portfolio for automotive testing. The company's shares have performed comparably well on strong trading days, reflecting its firm position in the market.
Barclays has indeed raised KEYS' target price from $180 to $200. Among the business developments, KEYS' acquisition of PowerArtist from Ansys stands out, which also led to the buyout rumors of Synopsys' merger. KEYS has also been named on the Dow Jones Sustainability Index for six years in a row. On the downside, the company reported a financial drop in Q4 revenues to $1.29B while recording a loss of $73M on tax expense but still managed to achieve some significant upgrades on its relative strength metrics.
Keysight Technologies KEYS News Analytics from Sat, 01 Jun 2024 07:00:00 GMT to Sat, 11 Jan 2025 17:16:02 GMT - Rating 5 - Innovation 3 - Information 7 - Rumor 2
