Wells Fargo Maintains Overweight on KeyCorp, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Mike Mayo maintains an Overweight rating on KeyCorp (NYSE:KEY) but lowers the price target from $17 to $15.
June 13, 2023 | 12:48 pm
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Wells Fargo maintains Overweight rating on KeyCorp, but lowers price target from $17 to $15.
The news directly mentions KeyCorp and its lowered price target. While the Overweight rating is maintained, the reduced price target may have a neutral impact on the stock price in the short term, as it indicates a lower expected return but still a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100