KEYCORP REPORTS FIRST QUARTER 2024 NET INCOME OF $183 MILLION, OR $.20 PER DILUTED COMMON SHARE, WITH $.02 IMPACT FROM THE FDIC SPECIAL ASSESSMENT(a)

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KeyCorp (KEY) PT Raised to $16 at RBC Capital

April 19, 2024 6:47 AM EDT

RBC Capital analyst Gerard Cassidy raised the price target on KeyCorp (NYSE: KEY) to $16.00 (from $15.00) while maintaining a Outperform rating.

The analyst comments "We believe the company's net interest margin (NIM) bottomed in 3Q23 and 1Q24 should be the low point... More