KeyCorp ($KEY) has been a focal point in the market, with various developments shaping the stock's performance. Decrease in stock holdings by investment companies like
Voya Investment Management LLC and
Assenagon Asset Management S.A. are being counterbalanced by others like
Brookstone Capital Management boosting their holdings. Financial services company
Truist Securities has raised KeyCorp’s price target to $22.00, while
TD Cowen lowered it to $19. The bank has registered a prospectus with the Securities and Exchange Commission filing about 161.9 million shares, with the deadline set for December 27, 2025. Activist investor
HoldCo Asset Management has voiced for leadership changes and increased focus on
share buybacks. Recent earnings reports indicate a surpass in estimates, marking high
profit recovery and strong Q3 performance. However, the current stock performance also faces criticism due to the diminishing profit margin and the tendrils of uncertainty around
capital allocation decisions.
Keycorp KEY News Analytics from Tue, 22 Apr 2025 07:00:00 GMT to Sat, 27 Dec 2025 13:28:57 GMT -
Rating 6
- Innovation 2
- Information 7
- Rumor -1
