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Fly News Breaks for November 13, 2018
KEY
Nov 13, 2018 | 06:27 EDT
Nomura Instinet analyst Bill Carcache downgraded KeyCorp to Neutral and lowered his price target for the shares to $18 from $20. The analyst cites valuation for the downgrade as he sees limited upside potential from current share levels.
News For KEY From the Last 2 Days
KEY
Apr 19, 2024 | 09:24 EDT
KEY
Apr 19, 2024 | 08:34 EDT
KEY
Apr 18, 2024 | 08:50 EDT
KEY
Apr 18, 2024 | 07:03 EDT
Sees FY24 noninterest income up 5%+. Sees relatively stable noninterest expense vs. FY23, net charge-offs 30-40bps, and a GAAP tax rate of about 20%.
KEY
Apr 18, 2024 | 07:02 EDT
In the long term the company expects: positive operating leverage, cash efficiency ratio of 54%-56%, net charge-offs to average loans 40-60 basis points and ROTCE 16%-19%. Guidance taken from Q1 investor presentation slides.
KEY
Apr 18, 2024 | 06:34 EDT
KEY
Apr 17, 2024 | 13:19 EDT
Notable companies reporting before tomorrow's open, with earnings consensus, include Blackstone (BX), consensus 96c... Elevance Health (ELV), consensus $10.53... D.R. Horton (DHI), consensus $3.06... Genuine Parts (GPC), consensus $2.16... Snap-on (SNA), consensus $4.64... Keycorp (KEY), consensus 22c... Ally Financial (ALLY), consensus 33c... Alaska Air (ALK), consensus ($1.05).
