Keysight Technologies (KEYS) PT Raised to $180 at Baird

Baird analyst Richard Eastman raised the price target on Keysight Technologies (NYSE: KEYS) to $180.00 (from $163.00) while maintaining a Outperform rating.

The analyst commented: "Remain Outperform. Better than expected F4Q and above consensus F1Q guide are not overpowering, but do portend a business recovering a little faster than expectations. "Base case' FY25 outlook largely matched consensus, but assumes no broad recovery, which would imply upside if it happens. Outright weak markets have narrowed, mainly confined to Automotive, but wireless sluggishness/flatness also weighs overall given materiality. Orders outperforming for second consecutive quarter, encouraging. On balance, KEYS' markets appear to have bias favoring upside, in our view, provided geopolitical/trade factors stay benign."

You May Also Be Interested In

• Walmart (WMT) PT Lowered to $126 at BofA Securities
• Jefferies Downgrades Alfen (ALFEN:NA) (ALFNF) to Hold
• Marti Technologies (MRT) PT Lowered to $3.50 at Roth/MKM