Morgan Stanley Maintains Equal-Weight on KeyCorp, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia maintains an Equal-Weight rating on KeyCorp (NYSE: KEY) and lowers the price target from $12 to $11.
June 13, 2023 | 4:54 pm
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Morgan Stanley maintains an Equal-Weight rating on KeyCorp and lowers the price target from $12 to $11.
Morgan Stanley's decision to maintain an Equal-Weight rating on KeyCorp indicates a neutral outlook for the stock. However, the lowering of the price target from $12 to $11 may cause some short-term uncertainty among investors, but overall, the impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100