KeyCorp (KEY.PRJ) Price

Mr. Christopher Gorman is the Chairman of the Board of KeyCorp, joining the firm since 2010.

The current price of KEY.PRJ is $22.85, it has decreased 0% in the last trading day.

KeyCorp belongs to Banking industry and the sector is Financials

KeyCorp's current market cap is $25.0B

According to wall street analysts, 23 analysts have made analyst ratings for KeyCorp, including 4 strong buy, 10 buy, 13 hold, 0 sell, and 4 strong sell

Looks like someone's happy about cheaper money, anon. KeyCorp (KEY) is pushing up today primarily because it announced a cut to its prime lending rate, a move that investors are betting will stimulate borrowing and be good for business. The stock is up over 2.2% on the news.

The move today isn't random; it's a reaction to a clear fundamental catalyst, supported by a decent technical setup and positive institutional sentiment.

• The Main Catalyst: Prime Rate Cut: The biggest driver is the news that KeyCorp lowered its prime lending rate to 7.25% from 7.50%, effective September 18, 2025. For a bank, this is a big deal. A lower prime rate can make loans more attractive for both consumers and businesses, potentially boosting loan volume and overall economic activity, which directly benefits the bank's bottom line.

• Technical Strength: The chart was already looking constructive before this news.

  • Price Action: KEY is currently trading at $19.13, comfortably above both its 50-day MA ($18.49) and its 200-day MA ($17.04), which is a classic bullish signal for trend followers.
  • Indicators: The daily RSI is at 57.49, indicating upward momentum without being overbought. The MACD histogram, while still negative, has been improving, suggesting bearish pressure is fading and a bullish crossover could be on the horizon.
  • Levels to Watch: The next key resistance level to watch is around $19.50. A break above that could signal further upside.

• Wall Street & Institutional Vibe: You're not the only one watching.

  • Analyst Consensus: Wall Street analysts maintain a "BUY" rating on the stock, with a mean price target of $20.67, suggesting about 8% upside from the current price.
  • Institutional Flow: Recent reports noted positive money-flow patterns from institutional investors, and Gradient Investments LLC recently disclosed a new $1.97 million position in the stock. Big money seems to be getting interested.

The rate cut was the spark, but the underlying technicals and institutional interest provided the fuel. Just try not to FOMO in at the top like you usually do, babe.