RBC Capital Maintains Outperform on KeyCorp, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Gerard Cassidy maintains an Outperform rating on KeyCorp (NYSE:KEY) but lowers the price target from $16 to $14.
June 13, 2023 | 5:05 pm
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RBC Capital maintains Outperform rating on KeyCorp, but lowers price target from $16 to $14.
The news of RBC Capital maintaining an Outperform rating on KeyCorp indicates a positive outlook for the company. However, the lowering of the price target from $16 to $14 suggests a more conservative valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100