.August 22, 2024 03:11:16 AM

Keysight Technologies, a key player in electronic measurement, faced revenue decline in Q3 of fiscal 2024 due to weakened demand across sectors like wireless communications and aerospace. Despite this, the company exceeded earnings expectations, showcasing effective cost control. Goldman Sachs set an optimistic price target of $181 for KEYS, indicating confidence in its long-term growth potential. This highlights the balance between short-term challenges and long-term prospects in the tech industry, where future potential often influences investment decisions.