Keysight Technologies Inc (KEYS) was Upgraded by Deutsche Bank to ” Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 33 from a previous price target of $25 . Earlier the firm had a rating of “Hold ” on the company shares. Deutsche Bank advised their investors in a research report released on Sep 19, 2016.
On the company’s financial health, Keysight Technologies Inc reported $0.63 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Aug 17, 2016. Analyst had a consensus of $0.60. The company had revenue of $718.00 million for the quarter, compared to analysts expectations of $718.89 million. The company’s revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.55 EPS.
Keysight Technologies Inc closed down -0.73 points or -2.43% at $29.25 with 668,904 shares getting traded on Friday. Post opening the session at $29.93, the shares hit an intraday low of $29.25 and an intraday high of $29.93 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
In a different news, on Jun 6, 2016, Michael Gasparian (SVP) sold 4,382 shares at $31.00 per share price. According to the SEC, on Jan 11, 2016, Neil Dougherty (SVP and CFO) sold 11,307 shares at $26.76 per share price. On Sep 11, 2015, Soon Chai Gooi (SVP) sold 21,993 shares at $33.12 per share price, according to the Form-4 filing with the securities and exchange commission.
Keysight Technologies Inc provides electronic measurement solutions to the communications and electronics industries. The Company provides electronic measurement instruments and systems and related software software design tools and related services that are used in the design development manufacture installation deployment and operation of electronics equipment. The Company also offers customization consulting and optimization services throughout the customer’s product lifecycle. The Companys measurement solutions business provides electronic measurement instruments and systems and related software and software design tools that are used in the design development manufacture installation deployment and operation of electronics equipment. It provides start-up assistance consulting optimization and application support throughout the customer’s product lifecycle.