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Fly News Breaks for July 10, 2017
KEY
Jul 10, 2017 | 06:12 EDT
UBS analyst Saul Martinez upgraded KeyCorp to Buy and raised his price target for the shares to $22 from $19. The skepticism over the company's ability to generate better than peer group financial performance is "excessive," Martinez tells investors in a research note. KeyCorp continues to deliver on the First Niagara acquisition and now generates better profitability than most peers, the analyst contends.