These Analysts Revise Their Forecasts On Keysight Technologies After Q4 Results

Keysight Technologies, Inc. KEYS reported better-than-expected fourth-quarter financial results on Monday.

Keysight Technologies reported quarterly earnings of $1.99 per share, exceeding market estimates of $1.87. Revenue clocked in at $1.31 billion which beat the analyst consensus estimate of $1.30 billion, according to data from Benzinga Pro.

The company sees first-quarter earnings between $1.53 and $1.59 per share, versus the $1.67 estimate, and revenue between $1.235 billion and $1.255 billion, versus the $1.24 billion estimate.

Keysight Technologies shares fell 0.3% to trade at $134.53 on Tuesday.

These analysts made changes to their price targets on Keysight Technologies following earnings announcement.

• Barclays cut the price target on Keysight Technologies from $144 to $134. Barclays analyst Tim Long maintained an Equal-Weight rating.
• Baird boosted the price target on Keysight Technologies from $155 to $160. Baird analyst Richard Eastman maintained an Outperform rating.

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