B of A Securities upgraded Keysight Technologies (KEYS) rating from "Underperform" to "Neutral" and increased its price target to $175.00, up from $170.00. The analyst upgrade and price target boost may influence market sentiment and affect the stock's trading pattern. Keysight Technologies has an average target price of $186.43 with a high estimate of $200.00 and a low estimate of $156.78, indicating a potential upside of 14.76% from the current price. The average brokerage recommendation is currently 2.1, indicating an "Outperform" status.
BofA Securities has upgraded its rating on Keysight Technologies (KEYS) from "Underperform" to "Neutral," raising the price target to $175.00 from $170.00. The upgrade reflects a positive outlook on the company's financial performance and future prospects. The analyst upgrade may influence market sentiment and potentially impact the stock's trading pattern.
Analysts' consensus indicates a favorable outlook for KEYS stock. The average target price for Keysight Technologies is $186.43, with a high estimate of $200.00 and a low estimate of $156.78. This suggests a potential upside of 14.76% from the current price of $162.45. The average brokerage recommendation is currently 2.1, indicating an "Outperform" status.
The upgrade is based on several factors, including the anticipated stabilization of revenue following the peak of the 5G investment cycle. BofA Securities believes that the company's order levels have bottomed out and that the period of lowering estimates is over. The analyst also highlighted the company's strong fundamentals, such as a current ratio of 3.39 and moderate debt levels.
Additionally, pending acquisitions, including Synopsys optical software and Ansys PowerArtist software, are expected to drive modest upward earnings revisions once completed. The company maintains a solid financial position to execute these strategic moves, with a market capitalization of $28 billion and trailing twelve-month revenue of $5.1 billion.
The upgrade also considers the potential impact of 6G technology, with the wireless standards body, 3GPP, planning to finalize 6G specifications by the first half of 2029. BofA Securities expects 6G orders to begin significantly in the second half of 2027, which could drive future growth.
Recent developments, such as the release of an enhanced PXE Electromagnetic Interference (EMI) Receiver and the planned acquisition of Spirent Communications, also contribute to the positive outlook. The company's collaboration with electric vehicle manufacturer NIO and the appointment of Ingrid Estrada as Senior Vice President, Chief Supply Chain and Operations, further indicate ongoing efforts to innovate and expand its market presence.
Overall, the upgrade by BofA Securities reflects a positive assessment of Keysight Technologies' financial health and future prospects. The upgrade and price target boost may influence market sentiment and affect the stock's trading pattern.
References:
[1] https://www.gurufocus.com/news/2989287/keysight-technologies-keys-stock-rating-upgraded-by-bofa-keys-stock-news
[2] https://www.investing.com/news/analyst-ratings/keysight-technologies-stock-rating-upgraded-to-neutral-by-bofa-securities-93CH-4143279
[3] https://www.marketbeat.com/instant-alerts/jpmorgan-chase-co-forecasts-strong-price-appreciation-for-keysight-technologies-nysekeys-stock-2025-07-17/
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