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J.P. Morgan Maintains Keysight Technologies(KEYS.US) With Hold Rating, Raises Target Price to $170

Futu News ·  Nov 22 02:31  · Ratings

J.P. Morgan analyst Samik Chatterjee maintains $Keysight Technologies (KEYS.US)$ with a hold rating, and adjusts the target price from $165 to $170.

According to TipRanks data, the analyst has a success rate of 61.5% and a total average return of 13.3% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $Keysight Technologies (KEYS.US)$'s main analysts recently are as follows:

  • The Q4 performance of Keysight Technologies was better than anticipated, helping to alleviate investor concerns. Signs of recovery in the business are becoming apparent, allowing its earnings growth narrative to regain prominence.

  • While Q4 results demonstrated stability, the pace of recovery for Keysight Technologies remains uncertain, as noted by the analyst. The basis for projections is now aligned with a lowered valuation multiple applied to the anticipated 2026 adjusted EPS, reflecting a slight discount compared to peer averages, due to expected below-peer EPS growth.

  • Keysight Technologies' recent fiscal Q4 performance and Q1 guidance exceeded expectations. The management anticipates a 'gradual recovery' by fiscal 2025, predicting a feasible base case of 5% sales growth.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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