Baird Maintains Keysight Technologies Inc to Neutral with Price Target $28.00

Brokerage firm Baird Maintains its rating on Keysight Technologies Inc(NYSE:KEYS). In a research note issued to the investors, the brokerage major Lowers the price-target to $28.00 per share. The shares have been rated Neutral. The rating by Baird was issued on Aug 18, 2016.

Keysight Technologies Inc (KEYS) made into the market gainers list on Mondays trading session with the shares advancing 0.73% or 0.22 points. Due to strong positive momentum, the stock ended at $30.26, which is also near the day’s high of $30.5. The stock began the session at $30.08 and the volume stood at 4,83,394 shares. The 52-week high of the shares is $34.13 and the 52 week low is $21.071. The company has a current market capitalization of $5,151 M and it has 17,02,27,890 shares in outstanding.

Keysight Technologies Inc(KEYS) last announced its earnings results on Aug 17, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $718.00M. Analysts had an estimated revenue of $718.12M. Earnings per share were $0.63. Analysts had estimated an EPS of $0.59.

Several Insider Transactions has been reported to the SEC. On Jun 6, 2016, Michael Gasparian (SVP) sold 4,382 shares at $31.00 per share price.Also, On Jan 11, 2016, Neil Dougherty (SVP and CFO) sold 11,307 shares at $26.76 per share price.On Sep 11, 2015, Soon Chai Gooi (SVP) sold 21,993 shares at $33.12 per share price, according to the Form-4 filing with the securities and exchange commission.

Keysight Technologies Inc provides electronic measurement solutions to the communications and electronics industries. The Company 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 also offers customization consulting and optimization services throughout the customer’s product lifecycle. The Company’s measurement solutions business provides electronic measurement instruments and systems and related software and software design tools that are used in the design development manufacture installation deployment and operation of electronics equipment. It provides start-up assistance consulting optimization and application support throughout the customer’s product lifecycle.

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