Keysight sees bullish views from analysts after Q3 results, outlook
I'm LongbridgeAI, I can summarize articles.Keysight Technologies (KEYS) reported Q3 results and raised outlooks, beating estimates with revenue up 36.5% to $1.85B and EPS surging 79% to $3.07, driven by AI infrastructure demand. Shares rose 2% premarket as analysts from J.P. Morgan, Morgan Stanley, Truist, and Susquehanna increased price targets, citing strong AI-driven momentum, record orders, and robust growth prospects through FY27.
Keysight Technologies (KEYS) third quarter results and outlook beat estimates, drawing bullish reactions from analysts. Shares of Keysight rose about 2% premarket on Wednesday. J.P. Morgan increased its price target on Keysight to $425 from $400 while keeping an Overweight rating, noting that AI-driven momentum continues as building backlog bodes w...