Keysight Technologies price target raised to $160 from $150 at BofA

BofA raised the firm’s price target on Keysight Technologies (KEYS) to $160 from $150 and keeps an Underperform rating on the shares. While Q4 results showed stability, the pace of recovery remains uncertain, the analyst tells investors in a post-earnings note. The firm now bases its price objective on a lowered multiple applied to its 2026 adjusted EPS estimate, noting that its target multiple is a slight discount to the peer average to reflect below-peer EPS growth.