Stock Buzzer: What’s Keysight Technologies Inc Upside After Touching 52-Week High?

Stock Buzzer: What's Keysight Technologies Inc Upside After Touching 52 Week High?

The stock of Keysight Technologies Inc (NYSE:KEYS) hit a new 52-week high and has $55.08 target or 53.00% above today’s $36.00 share price. The 9 months bullish chart indicates low risk for the $6.04B company. The 1-year high was reported on Nov, 17 by Barchart.com. If the $55.08 price target is reached, the company will be worth $3.20B more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 734,459 shares traded hands or 39.65% up from the average. Keysight Technologies Inc (NYSE:KEYS) has risen 29.37% since April 15, 2016 and is uptrending. It has outperformed by 24.74% the S&P500.

Keysight Technologies Inc (NYSE:KEYS) Ratings Coverage

Out of 4 analysts covering Keysight Technologies Inc (NYSE:KEYS), 2 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 50% are positive. Keysight Technologies Inc has been the topic of 10 analyst reports since August 17, 2015 according to StockzIntelligence Inc. The stock has “Neutral” rating given by Robert W. Baird on Friday, January 8. The firm has “Sell” rating given on Wednesday, March 9 by Goldman Sachs. The firm has “Hold” rating given on Tuesday, December 1 by Deutsche Bank. Deutsche Bank upgraded Keysight Technologies Inc (NYSE:KEYS) on Monday, September 19 to “Buy” rating. As per Monday, August 17, the company rating was initiated by Goldman Sachs. The stock of Keysight Technologies Inc (NYSE:KEYS) earned “Neutral” rating by Goldman Sachs on Wednesday, February 3. The firm has “Outperform” rating by Robert W. Baird given on Thursday, August 20.

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.”

Insitutional Activity: The institutional sentiment increased to 1.06 in Q2 2016. Its up 0.08, from 0.98 in 2016Q1. The ratio is positive, as 28 funds sold all Keysight Technologies Inc shares owned while 90 reduced positions. 25 funds bought stakes while 100 increased positions. They now own 144.08 million shares or 0.12% less from 144.25 million shares in 2016Q1.
Janus Limited accumulated 8,700 shares or 0% of the stock. Archford Cap Strategies Ltd Liability Corporation reported 15 shares or 0% of all its holdings. Comerica Bancorporation owns 241,362 shares or 0.06% of their US portfolio. Blackrock Japan accumulated 11,757 shares or 0% of the stock. Ladenburg Thalmann Financial Service reported 39,010 shares or 0.02% of all its holdings. Loring Wolcott Coolidge Fiduciary Advisors Ltd Liability Partnership Ma has invested 0% of its portfolio in Keysight Technologies Inc (NYSE:KEYS). Principal Fin Grp Incorporated has 645,052 shares for 0.03% of their US portfolio. Amp Capital Limited, a Australia-based fund reported 81,914 shares. Hudock Ltd Company accumulated 0% or 107 shares. Blackrock Advisors Ltd accumulated 222,964 shares or 0.01% of the stock. Moreover, Dana Inc has 0.12% invested in Keysight Technologies Inc (NYSE:KEYS) for 92,311 shares. Teachers has 0.01% invested in the company for 199,290 shares. Brandywine Glob Investment Ltd Co accumulated 395,480 shares or 0.08% of the stock. Amalgamated National Bank & Trust last reported 0.04% of its portfolio in the stock. The New York-based Rockefeller Serv has invested 0% in Keysight Technologies Inc (NYSE:KEYS).

More recent Keysight Technologies Inc (NYSE:KEYS) news were published by: Businesswire.com which released: “Keysight Technologies Reports Fourth Quarter and Fiscal 2016 Results” on November 17, 2016. Also Fool.com published the news titled: “Why Keysight Technologies Inc. Stock Popped Today” on May 20, 2016. Seekingalpha.com‘s news article titled: “Keysight Technologies’ (KEYS) CEO Ron Nersesian on Q3 2016 Results – Earnings …” with publication date: August 18, 2016 was also an interesting one.

KEYS Company Profile

Keysight Technologies, Inc provides electronic measurement solutions to the communications and electronics industries. 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. The Firm 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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