Wells Fargo Maintains Overweight on Keysight Techs, Lowers Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Aaron Rakers has maintained an Overweight rating on Keysight Techs (NYSE:KEYS) but lowered the price target from $200 to $175.
August 18, 2023 | 11:48 am
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Wells Fargo has maintained an Overweight rating on Keysight Techs but lowered the price target from $200 to $175.
The news is directly about Keysight Techs. The Overweight rating indicates that Wells Fargo expects the stock to outperform, which is positive. However, the lowering of the price target could be seen as a negative signal, suggesting that the stock might not rise as much as previously expected. This mixed signal makes the short-term impact neutral.
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IMPORTANCE 80
RELEVANCE 100