Morgan Stanley Raises KeyCorp (KEY) Price Target to $26
Morgan Stanley raises KeyCorp price target amid banking sector optimism.
Morgan Stanley has increased its price target for KeyCorp (NYSE:KEY) from $24 to $26 while maintaining an Equal Weight rating, reflecting optimism about the banking sector's outlook. The firm noted potential tailwinds such as stronger loan growth and expanding net interest margins, even as the sector has recently outperformed the broader market. Additionally, Robert W. Baird upgraded KeyCorp to Neutral from Underperform, citing valuation concerns following a recent selloff in regional bank stocks.
Key Takeaways
- 1.
Morgan Stanley raised KeyCorp's price target from $24 to $26.
- 2.
Robert W. Baird upgraded KeyCorp to Neutral from Underperform, citing valuation.
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KeyCorp has approximately $187 billion in assets as of late 2025.
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