JP Morgan Maintains Underweight Rating for KeyCorp: Here's What You Need To Know

JP Morgan has decided to maintain its Underweight rating of KeyCorp KEY and lower its price target from $11.00 to $10.50.

Shares of KeyCorp are trading up 1.34% over the last 24 hours, at $9.44 per share.

A move to $10.50 would account for a 11.29% increase from the current share price.

About KeyCorp

With assets of over $170 billion, Ohio-based KeyCorp's bank footprint spans 16 states, but it is predominantly concentrated in its two largest markets: Ohio and New York. KeyCorp is primarily focused on serving middle-market commercial clients through a hybrid community/corporate bank model.

About Analyst Ratings

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This article was generated by Benzinga's automated content engine and reviewed by an editor.