BUZZ-Susquehanna raises PT on Keysight Technologies citing AI, defense strength

Keysight

Keysight

KEYS

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** Susquehanna raises price target on electronic equipment maker Keysight Technologies KEYS.N to $425 from $415; maintains "positive" rating

** New PT represents a 23.5% upside to stock's last close

** KEYS' shares were marginally up in premarket trading

** Brokerage says Keysight is benefiting from long-term growth in wired communication and rising demand from AI and defense/satellite sectors

** Expects KEYS' AI-related business to grow from 8% in 2025 to 20% in 2026 and reach 25% by 2028

** Median PT of 14 brokerages covering the stock is $367 - data compiled by LSEG

** Stock gained nearly 3% over the past month