KeyCorp (NYSE:KEY) is one of the top picks from the 12 Best Very Cheap Stocks to Buy in 2026. Recently, Morgan Stanley raised the price target for KeyCorp to $26 from $24, maintaining an Equal Weight rating on the shares. The firm is optimistic about the mid-cap banking group’s outlook, citing potential tailwinds like stronger loan growth, expanding net interest margins, and continued capital return to shareholders.
On the other hand, Robert W. Baird & Co. upgraded KeyCorp to Neutral from Underperform, attributing the upgrade to valuation after a recent selloff in regional bank stocks. The firm believes that fears about artificial intelligence disrupting the banking industry are overblown, and that the stock presents a balanced risk-reward profile.
KeyCorp, headquartered in Cleveland, Ohio, is a major U.S. regional bank with approximately $187 billion in assets. Operating primarily through its banking subsidiary KeyBank, the company provides consumer and commercial banking, mortgage lending, and investment services across 15 states.
While KeyCorp shows promise as an investment, there are other AI stocks that offer greater upside potential and carry less downside risk. If you’re interested in extremely undervalued AI stocks that stand to benefit from Trump-era tariffs and the onshoring trend, check out the best short-term AI stock in our free report.
For more investment opportunities, you can explore 12 Cheap Stocks That Will Go to the Moon According to Reddit and 10 Best Oil & Gas Drilling Stocks to Buy.
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