These Analysts Revise Their Forecasts On Keysight Technologies After Q2 Results
Portfolio Pulse from Avi Kapoor
Keysight Technologies (NYSE: KEYS) reported better-than-expected Q2 earnings, with adjusted earnings of $1.41 per share and sales of $1.216 billion. The company expects Q3 revenue of $1.18 billion to $1.20 billion and adjusted earnings of $1.30 to $1.36 per share. Analysts revised their price targets, with Baird increasing to $167 and Susquehanna decreasing to $195.
May 21, 2024 | 12:55 pm
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Keysight Technologies reported better-than-expected Q2 earnings and received mixed analyst price target revisions. Baird raised its price target to $167, while Susquehanna lowered it to $195.
Keysight Technologies' better-than-expected Q2 earnings and positive revenue guidance for Q3 are likely to boost investor confidence. The mixed analyst price target revisions indicate a generally positive outlook, with Baird's increase outweighing Susquehanna's decrease.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100