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KeyCorp's stock hits 52-week low after JPMorgan downgrades rating, shares dip to $12.99.
KeyCorp's stock hit a 52-week low after JPMorgan Chase downgraded its rating and lowered the price target to $16.50, from $18.50.
Despite the downgrade, the consensus target price for KeyCorp remains at $19.31, indicating a "Moderate Buy" outlook.
The company, which provides retail and commercial banking services, saw its shares trade as low as $12.99.
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Las acciones de KeyCorp alcanzan un mínimo de 52 semanas después de que JPMorgan baje la calificación, y las acciones bajen a $12.99.