Keysight Q3: Order Recovery Is Encouraging
KEYSKeysight Technologies(KEYS) Seeking Alpha·2024-08-21 21:45

800 June T LIB Sundry Photography I gave Keysight Technologics (NYSE: KEYS) stock a 'Strong Buy' rating in my previous article published in July 2023, highlighting the company's potential to capitalize on 5G and software solutions. The company released their Q3 results on August 20th. The new order growth seems to have bottomed out during the quarter. I estimate the company will return to positive revenue growth by FY 25. I reiterate a 'Strong Buy' rating with a one-year price target of $180 per share. Orde ...