KeyCorp price target raised to $17 from $16 at Piper Sandler

Piper Sandler raised the firm’s price target on KeyCorp to $17 from $16 and keeps an Overweight rating on the shares. The analyst reiterates KeyCorp as the firm’s favorite large regional bank. The company possesses the best combination of positive touchpoints in the large regional space, the analyst tells investors in a research note.