S&P raises Keysight

S&P said it raised its ratings on Keysight Technologies Inc. to BBB from BBB-, citing the company’s “solid competitive standing.”

“The upgrade reflects our view of Keysight Technologies Inc.'s growing importance in 5G-related test, research and development and other emerging applications as evidenced by the company's strong revenue growth in recent quarters, steady market share gains, and product adoption among its broad customer base,” S&P said in a news release.

The outlook is stable. S&P said it sees the company continuing to have good growth prospects in its end markets.

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