Price Action to Note: Keysight Technologies Inc Can’t Be More Hot. Just Reaches 52-Week High

Price Action to Note: Keysight Technologies Inc Can't Be More Hot. Just Reaches 52 Week High

The stock of Keysight Technologies Inc (NYSE:KEYS) hit a new 52-week high and has $54.24 target or 57.00% above today’s $34.55 share price. The 5 months bullish chart indicates low risk for the $5.90 billion company. The 1-year high was reported on Nov, 11 by Barchart.com. If the $54.24 price target is reached, the company will be worth $3.36 billion 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 239,914 shares traded hands. Keysight Technologies Inc (NYSE:KEYS) has risen 25.95% since April 11, 2016 and is uptrending. It has outperformed by 19.80% 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 Goldman Sachs on Monday, August 17. The firm earned “Neutral” rating on Friday, January 8 by Robert W. Baird. The firm has “Outperform” rating given on Thursday, August 20 by Robert W. Baird. The firm has “Sell” rating by Goldman Sachs given on Wednesday, March 9. The company was upgraded on Monday, September 19 by Deutsche Bank. On Tuesday, December 1 the stock rating was initiated by Deutsche Bank with “Hold”. The rating was initiated by Goldman Sachs with “Neutral” on Wednesday, February 3.

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 2016 Q2. Its up 0.08, from 0.98 in 2016Q1. The ratio increased, 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.
North Star Invest Mngmt holds 0% or 99 shares in its portfolio. Cypress Llc accumulated 0.74% or 75,315 shares. Brown Brothers Harriman Commerce has 192 shares for 0% of their US portfolio. Paloma Prtn Mgmt reported 52,313 shares or 0.02% of all its holdings. Massmutual Trust Company Fsb Adv reported 2,045 shares or 0% of all its holdings. General Amer Incorporated last reported 0.2% of its portfolio in the stock. Benjamin F Edwards Inc has 0% invested in the company for 278 shares. California Pub Employees Retirement Sys holds 0.02% or 436,519 shares in its portfolio. Amp Cap Invsts Limited owns 81,914 shares or 0.02% of their US portfolio. Dana Inv Advisors has invested 0.12% of its portfolio in Keysight Technologies Inc (NYSE:KEYS). Moreover, Saturna Capital Corporation has 0.42% invested in Keysight Technologies Inc (NYSE:KEYS) for 455,094 shares. Kcm Ltd Limited Liability Company holds 0.02% or 7,831 shares in its portfolio. Estabrook Mgmt holds 0% of its portfolio in Keysight Technologies Inc (NYSE:KEYS) for 747 shares. Advsr Asset Inc, a Colorado-based fund reported 14,745 shares. State Street Corp has invested 0.01% of its portfolio in Keysight Technologies Inc (NYSE:KEYS).

More notable recent Keysight Technologies Inc (NYSE:KEYS) news were published by: Fool.com which released: “Why Keysight Technologies Inc. Stock Popped Today” on May 20, 2016, also Seekingalpha.com with their article: “Keysight Technologies’ (KEYS) CEO Ron Nersesian on Q3 2016 Results – Earnings …” published on August 18, 2016, Businesswire.com published: “Keysight Technologies, Datang Telecom Sign MOU to Establish Strategic …” on May 17, 2016. More interesting news about Keysight Technologies Inc (NYSE:KEYS) were released by: Businesswire.com and their article: “Keysight Technologies Demonstrates Gigabit LTE-A Download Speeds with UXM …” published on April 04, 2016 as well as Businesswire.com‘s news article titled: “Keysight Technologies, Virginia Diodes, Inc. Selected by Chalmers University …” with publication date: October 04, 2016.

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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