Should Keysight (NYSE:KEYS) Shares Be Watched After Deutsche Bank Initiates Coverage?

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Why Has Deutsche Bank Given Keysight (NYSE:KEYS) a $30 Price Target

Investment analysts at Deutsche Bank have initiated coverage on Keysight (NYSE:KEYS) with a key “Hold” rating. The price target for KEYS is $30. It suggests a possible downside of -0.10% from company’s stock close price.

From a total of 3 analysts covering Keysight Technologies Inc (NYSE:KEYS) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN of the ratings are positive. The highest target price is $42 while the lowest target price is $32. The mean of all analyst targets is $36.33 with a 28.16% above today’s ($30.04) stock price. Keysight Technologies Inc was the topic of 3 analyst reports since August 17, 2015 according to the firm StockzIntelligence Inc. Robert W. Baird upgraded shares on August 20 to “Outperform” rating.

Approximately 301,170 shares of stock traded hands. Keysight Technologies Inc (NYSE:KEYS) has declined 9.22% since April 28, 2015 and is downtrending. It has underperformed by 7.60% the S&P500.

Keysight Technologies, Inc provides electronic measurement solutions to the communications and electronics industries. The company has a market cap of $5.09 billion. The Firm 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. It has 10.04 P/E ratio. The Firm also offers customization, consulting and optimization services throughout the customer’s product lifecycle.

According to Zacks Investment Research, “Keysight Technologies, Inc. is an Applied Technology company that provides electronic measurement solutions to the communications and electronics industries. It 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 provides start-up assistance, consulting, optimization and application support throughout the customer’s product lifecycle. It also offers customization, consulting and optimization services throughout the customer’s product lifecycle. Keysight Technologies, Inc. is headquartered in Santa Rosa, California.” Get a free copy of the Zacks research report on Keysight Technologies Inc (KEYS)

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