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Piper Sandler Sticks to Their Buy Rating for KeyCorp (KEY)

Tipranks - Sat Apr 18, 6:32AM CDT

In a report released today, Scott Siefers from Piper Sandler maintained a Buy rating on KeyCorp, with a price target of $24.00.

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Siefers covers the Financial sector, focusing on stocks such as Citigroup, Wells Fargo, and Regions Financial. According to TipRanks, Siefers has an average return of 13.6% and a 65.25% success rate on recommended stocks.

In addition to Piper Sandler, KeyCorp also received a Buy from RBC Capital’s Gerard Cassidy in a report issued yesterday. However, today, Barclays maintained a Hold rating on KeyCorp (NYSE: KEY).

Based on KeyCorp’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.86 billion and a net profit of $510 million. In comparison, last year the company earned a revenue of $1.87 billion and had a GAAP net loss of $244 million

Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of KEY in relation to earlier this year. Most recently, in February 2026, Andrew J III Paine, the Head of Institutional Bank of KEY sold 65,961.00 shares for a total of $1,532,274.03.

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