Here is What Lies Ahead For KeyCorp (KEY)

KeyCorp (NYSE:KEY) is one of the 10 best banking stocks to buy according to hedge funds.

On January 26, Truist analyst Brian Foran reaffirmed his Hold rating for KeyCorp (NYSE:KEY). The analyst increased the stock’s price target from $22 to $23, resulting in a revised upside potential above 9%.

Here is What Lies Ahead For KeyCorp (KEY)

Foran’s revision followed the company’s fourth-quarter results announcement. The upward adjustment is driven by expectations for higher FY26 net interest income and a projected boost to the annual buyback amount, now estimated at $1.3 billion.

Later, on February 5, the price target for KeyCorp (NYSE:KEY) was increased from $25 to $26 by Evercore ISI analyst John Pancari. The analyst maintained his Outperform rating on the stock, with a revised upside potential of almost 24% at the current level. Pancari’s adjustments came after the company’s fourth quarter report, which led him to revise his EPS forecasts as well.

KeyCorp (NYSE:KEY) offers retail and commercial banking solutions. Some of these include commercial leasing, investment management, consumer & personal finance, student loan refinancing, and mortgage and home equity products. It also delivers wealth & investment advisory products and services targeted towards institutions, and high-net-worth clients.

While we acknowledge the risk and potential of KEY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than KEY and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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