Key headlines show a mixed bag for
KeyCorp (KEY). On the positive side,
Prudential Financial Inc.,
Elo Mutual Pension Insurance Co, and
Charles Schwab Investment Management Inc. increased their holdings in the bank, bullish signals for KeyCorp. Moreover, KeyCorp's
Q3 earnings and revenues surpassed estimates, and it's been praised as a
strong value and
momentum stock. The bank also plans to
redeem senior bank notes due in 2026, potentially strengthening its balance sheet. On the downside,
Ceredex Value Advisors LLC,
Handelsbanken Fonder AB, and
Franklin Resources Inc. decreased their stakes in Key. There's also concern over KeyCorp's falling
profit margin. It's worth noting, KeyCorp has lowered its
prime lending rate to 7.25%, which could impact its lending strategy. Lastly,
TD Cowen and
DA Davidson have lowered their price targets for KeyCorp but maintained hold and buy ratings respectively.
Keycorp KEY News Analytics from Sat, 05 Apr 2025 07:00:00 GMT to Sat, 29 Nov 2025 11:14:51 GMT -
Rating 2
- Innovation -2
- Information 6
- Rumor -2
