Keefe, Bruyette & Woods Maintains Outperform on KeyCorp, Lowers Price Target to $16-Report Released on 18 January 2024
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst David Konrad has maintained an Outperform rating on KeyCorp (NYSE:KEY) but lowered the price target from $17 to $16, as reported on January 18, 2024.
January 19, 2024 | 1:58 pm
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NEUTRAL IMPACT
KeyCorp's Outperform rating is maintained by Keefe, Bruyette & Woods, but the price target is reduced from $17 to $16.
While the maintenance of an Outperform rating suggests continued confidence in KeyCorp's prospects, the reduction in price target could indicate a reassessment of the company's future growth or market conditions, potentially leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100