Fintel reports that on December 16, 2024, JP Morgan upgraded their outlook for Keysight Technologies (NYSE:KEYS) from Neutral to Overweight.
Analyst Price Forecast Suggests 9.92% Upside
As of December 2, 2024, the average one-year price target for Keysight Technologies is $183.02/share. The forecasts range from a low of $159.79 to a high of $210.00. The average price target represents an increase of 9.92% from its latest reported closing price of $166.50 / share.
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The projected annual revenue for Keysight Technologies is 6,099MM, an increase of 22.49%. The projected annual non-GAAP EPS is 8.79.
What is the Fund Sentiment?
There are 1,662 funds or institutions reporting positions in Keysight Technologies. This is an decrease of 35 owner(s) or 2.06% in the last quarter. Average portfolio weight of all funds dedicated to KEYS is 0.23%, an increase of 0.21%. Total shares owned by institutions increased in the last three months by 0.87% to 178,120K shares. 
The put/call ratio of KEYS is 0.77, indicating a bullish outlook.
What are Other Shareholders Doing?
Price T Rowe Associates holds 12,494K shares representing 7.24% ownership of the company. In its prior filing, the firm reported owning 8,380K shares , representing an increase of 32.93%. The firm increased its portfolio allocation in KEYS by 66.71% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 5,541K shares representing 3.21% ownership of the company. In its prior filing, the firm reported owning 5,532K shares , representing an increase of 0.17%. The firm increased its portfolio allocation in KEYS by 9.34% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 4,571K shares representing 2.65% ownership of the company. In its prior filing, the firm reported owning 4,480K shares , representing an increase of 2.00%. The firm increased its portfolio allocation in KEYS by 9.14% over the last quarter.
Swedbank AB holds 4,421K shares representing 2.56% ownership of the company. In its prior filing, the firm reported owning 4,129K shares , representing an increase of 6.61%. The firm increased its portfolio allocation in KEYS by 18.89% over the last quarter.
Geode Capital Management holds 4,400K shares representing 2.55% ownership of the company. In its prior filing, the firm reported owning 4,077K shares , representing an increase of 7.35%. The firm decreased its portfolio allocation in KEYS by 39.40% over the last quarter.
Keysight Technologies Background Information
(This description is provided by the company.)
Keysight Technologies, Inc. (NYSE: KEYS) is a leading technology company that helps enterprises, service providers and governments accelerate innovation to connect and secure the world. Keysight's solutions optimize networks and bring electronic products to market faster and at a lower cost with offerings from design simulation, to prototype validation, to manufacturing test, to optimization in networks and cloud environments. Customers span the worldwide communications ecosystem, aerospace and defense, automotive, energy, semiconductor and general electronics end markets. Keysight generated revenues of $4.2B in fiscal year 2020.
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