Truist Financial Sticks to Their Hold Rating for Keysight Technologies (KEYS)
Truist Financial analyst Matthew Niknam maintained a Hold rating on Keysight Technologies yesterday and set a price target of $376.00.
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Niknam covers the Technology sector, focusing on stocks such as Corning, Cisco Systems, and Motorola Solutions. According to TipRanks, Niknam has an average return of 4.4% and a 57.99% success rate on recommended stocks.
In addition to Truist Financial, Keysight Technologies also received a Hold from Morgan Stanley’s Meta Marshall in a report issued on May 20. However, on May 21, J.P. Morgan assigned a Buy rating to Keysight Technologies (NYSE: KEYS).
Based on Keysight Technologies’ latest earnings release for the quarter ending April 30, the company reported a quarterly revenue of $1.72 billion and a net profit of $349 million. In comparison, last year the company earned a revenue of $1.31 billion and had a net profit of $257 million
Based on the recent corporate insider activity of 100 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of KEYS in relation to earlier this year. Last month, Richard Hamada, a Director at KEYS sold 870.00 shares for a total of $239,928.60.
Read More on KEYS:
Disclaimer & DisclosureReport an Issue
- Keysight Technologies participates in a conference call with JPMorgan
- Keysight Technologies price target raised to $376 from $310 at Truist
- Keysight Technologies price target raised to $390 from $360 at JPMorgan
- Keysight Technologies price target raised to $396 from $320 at Citi
- Keysight Technologies price target raised to $420 from $340 at UBS
