Morgan Stanley Raises Keysight Technologies (NYSE:KEYS) Price Target to $180.00

Keysight Technologies (NYSE:KEYS) had its price objective increased by Morgan Stanley from $156.00 to $180.00 in a research report released on Tuesday, Marketbeat.com reports. They currently have an overweight rating on the scientific and technical instruments company’s stock.

A number of other equities research analysts have also recently issued reports on KEYS. StockNews.com cut Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 22nd. JPMorgan Chase & Co. lowered their price objective on Keysight Technologies from $200.00 to $172.00 and set an “overweight” rating on the stock in a research note on Thursday, April 17th. Robert W. Baird boosted their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. Finally, Wells Fargo & Company boosted their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research note on Wednesday, February 26th. One investment analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $181.33.

Keysight Technologies Trading Up 0.3%

Shares of Keysight Technologies stock opened at $164.89 on Tuesday. Keysight Technologies has a 52-week low of $119.72 and a 52-week high of $186.20. The stock’s 50-day simple moving average is $146.15 and its 200 day simple moving average is $159.34. The stock has a market capitalization of $28.49 billion, a P/E ratio of 47.11, a P/E/G ratio of 2.41 and a beta of 1.10. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98.

Insider Activity

In other news, CFO Neil Dougherty sold 3,632 shares of the business’s stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $155.00, for a total transaction of $562,960.00. Following the completion of the transaction, the chief financial officer now owns 115,063 shares of the company’s stock, valued at approximately $17,834,765. The trade was a 3.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.61% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Central Pacific Bank Trust Division grew its holdings in shares of Keysight Technologies by 97.8% during the first quarter. Central Pacific Bank Trust Division now owns 182 shares of the scientific and technical instruments company’s stock worth $27,000 after purchasing an additional 90 shares in the last quarter. Accent Capital Management LLC purchased a new position in shares of Keysight Technologies during the first quarter worth about $28,000. Manchester Capital Management LLC grew its holdings in shares of Keysight Technologies by 85.0% during the first quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company’s stock worth $35,000 after purchasing an additional 108 shares in the last quarter. Zions Bancorporation National Association UT purchased a new position in shares of Keysight Technologies during the first quarter worth about $36,000. Finally, WPG Advisers LLC purchased a new position in shares of Keysight Technologies during the first quarter worth about $39,000. Hedge funds and other institutional investors own 84.58% of the company’s stock.

About Keysight Technologies

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.