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0 0.000859845227858967 0.00515907136715396 0.00214961306964749 -0.00128976784178853 -0.00902837489251938 -0.00300945829750646 -0.00601891659501292
Stock impact report

KeyCorp: There Are Legitimate Headwinds But The Bank Is Properly Positioned [Seeking Alpha]

KeyCorp (KEY) 
Last keycorp earnings: 4/16 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.key.com
Company Research Source: Seeking Alpha
SummaryKeyCorp's stock has been a major disappointment so far in 2020 and investors should expect more of the same for the next few quarters.However, KeyCorp has great long-term business prospects, and its management team has the bank properly positioned for the future.I am long KeyCorp, and I have no plans to reduce my position in the near future.KeyCorp's (KEYPoor investor sentiment for the financial sector (and I should note for good reason) has wreaked serious havoc on KeyCorp's stock price, along with many other financial institutions, but I believe that this bank is worthy of investment dollars at today's price. Yes, it will likely take time for KeyCorp's story to play out given the current headwinds but that does not mean that investors should jump ship.There Are Legitimate Near-Term HeadwindsIt would be a major understatement to say that the financial sector has felt the pain of the COVID-19 impact.Source:Yardeni ResearchAnd, of course, the Fed's recent interest rate decisions Show less Read more
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