KeyCorp Stock Price: $22 Target (Up From $20) By Barclays

By Amit Chowdhry ● April 7, 2021
  • The shares of KeyCorp (NYSE: KEY) have received a price target increase from $20 to $22 by Barclays. These are the details.

The shares of KeyCorp (NYSE: KEY) have received a price target increase from $20 to $22 by Barclays. And Barclays analyst Jason Goldberg is maintaining an “Underweight” rating on the company shares.

For the near-term, there is a lower than previously expencted loan loss provision — which is expected to drive earnings higher. And a better-than-expected interest rate environment has been helpful for the company’s outlook.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.