The maintenance of an Outperform rating suggests that RBC Capital still sees KeyCorp as a stock likely to perform better than the broader market. However, the reduction in the price target could imply a more cautious view on the stock's valuation or growth prospects. This news is likely to be seen as mildly negative by investors, as it suggests a lower expected return, but the reaffirmation of the Outperform rating could mitigate some negative sentiment.