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Stock Market & Financial Investment News

News Breaks
April 17, 2014
06:34 EDTKEYKeyCorp reports Q1 EPS 26c, consensus 24c
Reports Q1 revenue $1B, consensus $1.01B. Key's noninterest expense was $662M for Q1, compared to $681M for the same period last year. Key's provision for loan and lease losses was $6M, compared to $19M for Q4. Reports Tier 1 common equity 11.22% vs. 11.22% in Q4.
News For KEY From The Last 14 Days
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July 1, 2015
06:22 EDTKEYValley National upgraded to Neutral from Underweight at JPMorgan
JPMorgan upgraded Valley National (VLY) to Neutral saying interest rates being "low for long" could drive bank stocks above fair value at least over the short-term. The firm raised its price target for Valley to $11 from $9.50. JPMorgan also upgraded BankUnited (BKU) this morning to Overweight. Its top picks in the U.S. Mid- and Small-Cap Banks space are SVB Financial (SIVB), KeyCorp (KEY) and First Republic (FRC).

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