DA Davidson Reduces KeyCorp Price Target but Maintains Buy Rating

Reported 2 days ago

DA Davidson has lowered its price target for KeyCorp from $22 to $21 while retaining a Buy rating, noting the bank's strong Q3 2025 results and improved revenue guidance for the year. Despite showing signs of recovery and having solid capital and credit quality, the firm suggests that the current consensus estimates may have priced in this performance. While KeyCorp remains a valuable investment, DA Davidson points out that some AI stocks may present better upside potential.

Source: YAHOO

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