Truist Maintains Hold Recommendation on KeyCorp (KEY)

Group 1 - KeyCorp (NYSE:KEY) has been added to David Tepper's stock portfolio, with a current stake valued at $37.75 million as of Q3 2025 [1][2] - The average price target for KeyCorp suggests a potential upside of 4%, while the highest target indicates an upside of 18% [1] - Truist analyst Brian Foran has maintained a Hold recommendation on KeyCorp, raising the target price from $19 to $22 [2] Group 2 - KeyCorp's CEO Chris Gorman stated that the bank is not pursuing acquisitions and will focus on share repurchases instead [2] - Gorman emphasized that KeyCorp is aligned with the activist investor HoldCo Asset Management's recommendation to avoid bank acquisitions [2] - The bank plans to allocate capital towards buying back its own stock, believing it to be undervalued [2]