Morgan Stanley Maintains Equal-Weight Rating for KeyCorp: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Morgan Stanley has maintained its Equal-Weight rating for KeyCorp (NYSE:KEY) and raised its price target from $10.00 to $11.00. KeyCorp's shares are currently trading down 0.67% at $10.36 per share. A move to $11.00 would account for a 6.18% increase from the current share price.
September 27, 2023 | 5:00 pm
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POSITIVE IMPACT
Morgan Stanley maintains its Equal-Weight rating for KeyCorp and raises its price target. This could potentially lead to a 6.18% increase in KeyCorp's share price.
The news of Morgan Stanley maintaining its Equal-Weight rating and raising the price target for KeyCorp is directly related to the company's stock. This could potentially lead to an increase in the company's share price, hence the positive score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100