Susquehanna raises PT on Keysight Technologies citing AI, defense strength

Keysight Technologies

20/05/2026 12:16

** 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

 (Reporting by Megavarshini G. Somasundaram in Bengaluru)

 ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))