KeyCorp downgraded to Neutral from Buy at Citi
The Fly

KeyCorp downgraded to Neutral from Buy at Citi

Citi analyst Keith Horowitz downgraded KeyCorp (KEY) to Neutral from Buy with a $19 price target The firm cites valuation for the downgrade after the banks outperformed as the market prices in Republican victories in the Presidency and Senate. The post-Trump victory rally leaves Citi Neutral on KeyCorp.

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