Alert: Major Price Advance (11/6/24)-KeyCorp (NYSE: KEY).

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On 11/6/24, KeyCorp (NYSE: KEY) stock enjoyed a major increase of 15.7%, closing at $19.97. Moreover, this advance was accompanied by exceptionally high trading volume at 251% of normal. The stock has been strong relative to the market over the last nine months and has risen 14.9% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, KEY is expected to continue to be an important Value Builder.

KeyCorp has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. KeyCorp has a good Power Rating of 77 and a good Appreciation Score of 84, with the Highest Value Trend Rating the result.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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