- KeyCorp (NYSE:KEY) rises as much as 2.2% after the stock is upgraded to outperform from neutral by Robert W. Baird.
- Boosts price target to $19 from $18; implies 13% upside potential; Street's average price target $20.
- KeyCorp's 6-month price performance of 18% outpaced the financial sector's median performance of 9.0% during the same period; lags S&P 500 increase of 20%.
- Quant rating Neutral, Sell-side average rating Outperform (12 Buy, 5 Outperform, 8 Hold, 1 Underperform).