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KEY
Benzinga
209 days

KeyCorp Analysts Slash Their Forecasts After Q4 Results

1. KEY reported Q4 earnings of 38 cents, beating estimates. 2. Quarterly sales were $865 million, indicating strong performance. 3. Client deposits and AUM increased, showcasing client momentum. 4. Analysts downgraded price targets post-earnings announcement. 5. Shares fell 3.6% to $17.64 following the report.

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FAQ

Why Neutral?

Despite strong earnings, analyst downgrades may limit positive momentum. Past examples show earnings beat can fall if targets are lowered.

How important is it?

KeyCorp's earnings directly affect its valuation, making the article relevant. Analyst opinions will play a role in near-term trading.

Why Short Term?

Immediate impact felt due to stock price drop and analyst revisions. Investor sentiment can shift rapidly in response to quarterly results.

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