KeyCorp Receives Strategic Minority Investment from Scotiabank

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KeyCorp (KEY) PT Raised to $20 at Morgan Stanley

August 13, 2024 7:10 AM EDT

Morgan Stanley analyst Manan Gosalia raised the price target on KeyCorp (NYSE: KEY) to $20.00 (from $18.00) while maintaining a Equalweight rating.

The analyst comments "Capital raise will put KEY's capital levels more in-line with peers, and gives us more conviction KEY can take advantage of... More