Keysight Technologies (KEYS) PT Raised to $53 at BofA/Merrill Lynch Following 2Q
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Price: $352.58 -5.56%
Rating Summary:
14 Buy, 3 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 7 | Down: 14 | New: 26
Rating Summary:
14 Buy, 3 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 7 | Down: 14 | New: 26
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BofA/Merrill Lynch raised its price target on Keysight Technologies (NYSE: KEYS) to $53.00 (from $47.00) while maintaining a Buy rating. Keysight reported 2Q non-GAAP revenue and EPS of $758M and $0.64; compared to the Street's estimates of $752M and $0.57.
3Q guidance for revenue and EPS at the mid-point was $860M and $0.58; above the Street estimates of $849M and $0.58, respectively.
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