KeyCorp (KEY) is downgraded to Hold at BTIG as the stock has hit Mark Palmer's price target of...


KeyCorp (KEY) is downgraded to Hold at BTIG as the stock has hit Mark Palmer's price target of $10.50. Originally bullish due to valuation and the chance for improvements with low-hanging fruit like expense reduction, Palmer needs to see something more transformational for another leg up, and isn't convinced it's coming. Shares -0.9% premarket.

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