KeyCorp (KEY) is in a strong momentum, with its stock price expected to rise with positive forecasts issued by various market analysts including
Stephens,
KBW, and
TD Cowen, all maintaining a Buy rating and setting a target price to $24. The market sentiment is largely driven by the company's
revenue growth projections, expansion of
buybacks, and recent
earnings growth. However, amidst this bullish outlook, some concerns are raised.
Holdco, an activist investor, calls for the CEO's ouster and pushes for larger buybacks and a possible sale to either PNC or Wells Fargo, suggestions that are opposed by KeyCorp's current leadership. Despite the pressures, KeyCorp has indicated its commitment to preserving shareholder value through share repurchases while remaining wary of acquisitions. The company's focus on service diversification has also been significant, contributing to its positioning in the S&P 500's landscape.
Furthermore, investments from entities such as
Oak Thistle and California Public Employees Retirement System act as vote of confidence for the bank's future prospects. But as always advised, investors should make a careful assessment of the situation before making decisions.
Keycorp KEY News Analytics from Mon, 07 Jul 2025 07:00:00 GMT to Sat, 20 Dec 2025 14:52:24 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor 3
