Morgan Stanley lowered the firm’s price target on KeyCorp (KEY) to $22 from $23 and keeps an Equal Weight rating on the shares. Q4 operating EPS beat the firm’s and consensus estimates, but KeyCorp left their 2025 net interest income guidance of up 20% year-over-year unchanged, missing investor expectations coming into earnings, the analyst tells investors. Delivering on loan growth and net interest margin expansion “should help the stock as the year progresses,” the analyst added.
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