DA Davidson lowered the firm’s price target on KeyCorp (KEY) to $21 from $22 and keeps a Buy rating on the shares. The company’s net interest income update disappointed though the management maintained its 2025 outlook of 20% growth, the analyst tells investors in a research note. KeyCorp loans were under more pressure than expected in Q4, but its credit quality remains strong , the firm added.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KEY:
Questions or Comments about the article? Write to editor@tipranks.com