JP Morgan has upgraded Keysight’s stock following its acquisition of Spirent and expectations of a cyclical recovery. The financial institution predicts a 12% growth in earnings per share for FY25 as a result of these factors. Keysight’s strategic move to acquire Spirent, a leading provider of test and measurement solutions, is seen as a positive step towards strengthening its position in the market. The cyclical recovery in the industry is also expected to drive growth for the company in the coming years. Investors are optimistic about Keysight’s future prospects, leading to the upgrade in the stock by JP Morgan.