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Fly News Breaks for July 11, 2016
KEY
Jul 11, 2016 | 07:59 EDT
FBR Capital analyst Paul Miller upgraded KeyCorp to Outperform saying he likes the risk/reward profile at current valuation levels. The stock, near multiyear lows, is pricing in poor sentiment and disappointment with the company's capital plan, Miller tells investors in a research note. He keeps a $12.50 price target for the shares.