keycorp

Insiders may sell shares for any number of reasons. But there is really only one reason insiders buy shares of a company -- they believe the stock price will move higher and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who have faith in a company...

Evercore Partners has published a report on KeyCorp (NYSE: KEY). In the report, Evercore Partners wrote, "Overall, mixed results driven by strong credit, lower expenses, but top line lower than expected with spread revenue down 22.5% LQA due to lower earning assets and 6 bps of NIM compression....

Jefferies is out with its report today on KeyCorp (NYSE: KEY), maintaining Hold. In a note to clients, Jefferies writes, "Operating trends were generally inline with our expectations, and we make no change to the forward pre-provision run rate or outer-year EPS estimates. Our '11 estimate...

Bank of America has published a research report on KeyCorp (NYSE: KEY) maintaining their current evaluation. In the report, Bank of America wrote, "KEY reported EPS of $0.26, handily beating our $0.19 estimate. The lion's share of the beat came from a ($8mn) provision versus our +$40mn estimate...

Compass Point is out with its report today on KeyCorp (NYSE: KEY), upgrading KEY to Buy. In a note to clients, Compass Point writes, "We are upgrading shares of KEY from Neutral to Buy. Trading at .93x TBV and with 10.7% Tier 1 common, we believe the recent sell‐off provides an attractive risk/...

According to Keefe, Bruyette & Woods, KeyCorp (NYSE: KEY) reported better-than-expected operating results of $0.27/share. Keefe, Bruyette & Woods reported that expenses came in better than expected; however, the majority of the beat was due to an outsized reserve release. “Revenues missed...

Jefferies is out with its report today on KeyCorp (NYSE: KEY), lowering its PT from $10 to $9.50. In a note to clients, Jefferies writes, "Our price target of $9.50 is established by applying a 1.1x multiple to KEY's current tangible book value per share of $8.59. This is below the bank's...

Sterne Agee has initiated coverage on KeyCorp (NYSE: KEY) with a Neutral rating and $10 price target.

Wells Fargo is initiating coverage on Belo Corp. (NYSE: BLC) with an Outperform rating. It is raising estimates on ConAgra Foods (NYSE: CAG), KeyCorp (NYSE: KEY), SunTrust Banks (NYSE: STI), Accenture (NYSE: ACN), CGI Group (NYSE: GIB) and Oracle (NASDAQ: ORCL). It is lowering estimates on Fifth...

Morgan Keegan has raised the price target on KeyCorp (NYSE: KEY) from $9 to $10 and maintains its Market Perform rating.