Truist analyst Brian Foran raised the firm’s price target on KeyCorp (KEY) to $20 from $19 and keeps a Hold rating on the shares. The firm revised both 2025 and 2026 EPS by +2% to $1.43 and $1.73 respectively. The increase is mostly driven by better net interest margin expansion and slightly better investment banking fee. For FY25, Truist now has +21.5% net interest income growth vs guidance of +20%-22%, +5.3% fee growth vs guidance of 5%+, +3.8% expense growth vs. guidance of +3-5%.
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