KeyCorp (NYSE:
KEY) has witnessed a series of fluctuations, with different investment firms modifying their involvement. For instance,
Swedbank AB and
Intech Investment Management LLC have cut their stocks, while others like
Sapient Capital LLC,
Strs Ohio, and
Gradient Investments LLC have increased investments. Furthermore,
KeyCorp has reduced its prime lending rate to
7.25% and reported a strong Q2 sales performance, surpassing estimates. Despite recent drops in stock value,
KeyCorp continues to present a strong momentum. Its
prefered stocks present valuable income opportunity particularly with its higher yields, leading to increased stability. However, some analysts cautioned on deposit flows as result.
KeyCorp's recent quarterly cash
dividend on common shares and preferred stocks also yielded attention, along with announcement of share buyback plans. Finally, with Baron's predicting a
recovery in net interest income and slight guidance raise, plus an upcoming presentation at the
Barclays Global Financial Services Conference,
KeyCorp is proving itself to be a financial market mainstay.
Keycorp KEY News Analytics from Mon, 30 Dec 2024 08:00:00 GMT to Sun, 21 Sep 2025 00:24:06 GMT -
Rating 8
- Innovation 5
- Information 7
- Rumor -6
