D.A. Davidson analyst Peter Winter maintains $KeyCorp (KEY.US)$ with a buy rating, and sets the target price at $20.
According to TipRanks data, the analyst has a success rate of 49.3% and a total average return of 3.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $KeyCorp (KEY.US)$'s main analysts recently are as follows:
KeyCorp's third-quarter earnings surpassed expectations, bolstered by net interest income and controlled expenses, despite the fact that fee revenue did not meet consensus estimates.
KeyCorp experienced robust core growth during the quarter, and the previous quarter may represent the turning point for net interest income and net interest margin. Continued growth is anticipated through 2025, and the current restructuring of KeyCorp's bond portfolio, together with an investment from a significant banking institution, are expected to be key factors contributing to the growth in net interest income.
Note:
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