UPDATE: KeyCorp (KEY) Tops Q1 EPS by 4c
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KeyCorp (KEY) PT Raised to $23 at Instinet; Reiterates Buy
April 21, 2017 9:18 AM EDTInstinet raised its price target on KeyCorp (NYSE: KEY) to $23.00 (from $22.00) while maintaining a Buy rating. KEY reported EPS of $0.32 vs. consensus estimates of $0.28. Results were characterized by better-than-expected revenues, expenses, and provision.
Analyst Bill Carcache revised 2017 and 2018 EPS estimates to $1.32 (from $1.30) and $1.60 (from $1.55).
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