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Truist Financial Sticks to Their Hold Rating for Keysight Technologies (KEYS)

Tipranks - Tue May 26, 9:48PM CDT

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.

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