JP Morgan Maintains Underweight Rating for KeyCorp: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
JP Morgan has maintained its Underweight rating for KeyCorp (NYSE:KEY) and lowered its price target from $11.00 to $10.50. KeyCorp's shares are currently trading at $9.44, up 1.34% over the last 24 hours. A move to the new price target would represent an 11.29% increase from the current share price.
June 29, 2023 | 5:02 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
JP Morgan's maintained Underweight rating and lowered price target for KeyCorp could potentially impact the company's stock price in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and trading behavior. In this case, JP Morgan's decision to maintain an Underweight rating and lower the price target for KeyCorp could potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100