Baird Downgrades KeyCorp to Neutral, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David George has downgraded KeyCorp from Outperform to Neutral and lowered the price target from $18 to $17.
October 14, 2024 | 11:28 am
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Baird analyst David George downgraded KeyCorp from Outperform to Neutral, reducing the price target from $18 to $17.
The downgrade from Outperform to Neutral by a reputable analyst like David George at Baird suggests a less optimistic outlook for KeyCorp. The reduction in the price target from $18 to $17 indicates a potential decrease in expected future performance, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100