KeyCorp (KEY) Misses Q4 EPS by 1c

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Compass Point Reiterates Buy on KeyCorp (KEY) Following 4Q Results and Merger Update

January 22, 2016 8:53 AM EST

Compass Point reiterated a Buy rating and $16.00 price target on KeyCorp (NYSE: KEY) following the company's 4Q earnings report. KEY reported operating EPS of $0.28/sh, which matched estimates. However, the focus was clearly on the progress and ultimate impact of the FNFG merger. KEY provided an update on the merger, noting that integration teams from both banks had been established and were working through projections for cost saves. Initial reports suggest that the cost saves will be in excess of $400M, and more... More

Stephens Upgrades KeyCorp (KEY) to Overweight

January 22, 2016 8:01 AM EST

Stephens upgraded KeyCorp (NYSE: KEY) from Equal Weight to Overweight.

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Shares of KeyCorp closed at $11.17 yesterday.

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