This little-known tech stock can rally more than 20%, Citi says

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This little-known tech stock can rally more than 20%, Citi says
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Analyst Jim Suva expects the next catalyst for the stock to be its investor day on March 7.

It's time to buy Keysight Technologies , Citi said, citing a "rare pull back opportunity" for investors despite the company's weaker near-term outlook. Analyst Jim Suva reiterated the firm's buy rating on Keysight and its price target of $225 per share, which suggests an upside of nearly 23% from Tuesday's close.

mountain Shares have lost 6.1% during the last six months. Suva expects Keysight will continue to set conservative guidance targets that it will meet and exceed. He also anticipates that new markets, such as automotive and charger testing, and the resumption of growth for aerospace and other end markets will serve as further catalysts for the stock.

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