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Why Keysight's Stock Is Trading Higher Today

Tanzeel Akhtar

Keysight Technologies (NYSE: KEYS) shares are trading higher on Thursday after Goldman Sachs upgraded the stock from Neutral to Buy and announced a price target of $120 per share.

Keysight Technologies provides electronic design and test solutions to the communications and electronics industries. The firm operates in two segments: measurement solutions and customer support and services. The measurement solutions segment generates the vast majority of revenue and sells hardware and software products, including radio frequency, microwave, and digital solutions.

The customer support and services segment provides repair and calibration services to customers who have purchased Keysight products and helps resell refurbished equipment. Over half of Keysight's sales are generated in the United States, China, and Japan.

Keysight Technologies shares were trading up 3.02% at $102.60 on Thursday during the time of publication. The stock has a 52-week high of $110 and a 52-week low of $77.93.

Latest Ratings for KEYS

Date

Firm

Action

From

To

Aug 2020

Goldman Sachs

Upgrades

Neutral

Buy

Jun 2020

JP Morgan

Upgrades

Neutral

Overweight

May 2020

B of A Securities

Reiterates

Neutral

View More Analyst Ratings for KEYS
View the Latest Analyst Ratings

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