Guggenheim Securities Initiates KeyCorp At Buy

Analysts at Guggenheim Securities initiated coverage on shares of KeyCorp

with a Buy rating. The target price for KeyCorp is set to $16. KeyCorp shares have surged 5.62% over the past 52 weeks, while the S&P 500 index has gained 14.30% in the same period. KeyCorp's shares fell 0.36% to close at $13.73 yesterday.