KeyBanc News & Analysis
7 articles
Market Mood
Zoom Video (ZM) Stock Upgrade to Sector Weight by KeyBanc
KeyBanc has upgraded Zoom Video (ZM) to a Sector Weight rating. This adjustment reflects analysts' assessments of the company's prospects within its sector. The upgrade suggests a more favorable outlook for Zoom, which may influence investor sentiment and trading volumes. KeyBanc's decision indicates a strategic realignment based on market conditions and performance forecasts, potentially affecting ZM's market presence.
Read More
Applied Materials (AMAT) Price Target Raised by KeyBanc
KeyBanc has raised the stock price target for Applied Materials (AMAT) due to an improved growth outlook. The new price target reflects expectations based on recent performance metrics and market conditions that could favor the company. This adjustment may impact investor sentiment and trading volumes, possibly influencing market movements for AMAT. Analysts believe this revision indicates stronger future demand within the semiconductor sector, which is critical for AMAT's business.
Read More
On Holding (ONON) Q1 2026 Revenue Beats Estimates at $1.07B
On Holding (ONON) reported Q1 2026 revenue of $1.07 billion, exceeding estimates by 22%, with a gross margin of 64% and a 44% year-over-year increase in Asia-Pacific revenue. However, the company absorbed $70.43 million in tariffs during the quarter, prompting KeyBanc to reduce its price target from $58 to $43 while maintaining an Overweight rating. Despite tariff pressures, KeyBanc views ONON's 23%-plus growth guidance as achievable. The stock closed at $33.83 on May 12, down approximately 27% year-to-date.
Read More
ServiceNow (NOW) Price Target Set at $85 by KeyBanc
KeyBanc has reiterated an Underweight rating on ServiceNow (NOW) and set a price target of $85 following its Financial Analyst Day, during which CEO Bill McDermott announced a goal of $30 billion in subscription revenue by 2030. This target represents a 17.5% compound annual growth rate from 2027 to 2030. Additionally, ServiceNow aims to maintain a rule of 60 or higher by 2030. Currently, 90% of analysts rate ServiceNow as a Buy, with an average price target of $140, indicating a potential 52.16% upside from the current price of $92.01.
Read More
KeyBanc Rates Janus Living Stock Overweight for Investors
KeyBanc has initiated coverage of Janus Living with an overweight rating. This rating indicates a positive outlook for the company, suggesting potential for growth and increased investment interest. The initiation of coverage by KeyBanc may influence investor sentiment and trading activity for Janus Living. However, specific financial data or targets were not disclosed in the report.
Read More
KeyBanc Raises CMS Energy Target to $83, Maintains Overweight Rating
KeyBanc has increased its price target for CMS Energy Corporation (CMS) to $83, reinforcing its 'Overweight' rating on the stock. This adjustment reflects a positive outlook on CMS's performance amid favorable market conditions and energy sector trends. Analysts cite robust earnings potential and strategic initiatives that position the company for growth. The upgrade may attract investor interest and positively influence CMS's stock performance in the upcoming trading sessions.
Read More
Keybanc Raises WEC Energy Group Price Target by $9 Amid Positive Outlook
Keybanc has increased its price target for WEC Energy Group (WEC) by $9, reflecting a bullish outlook on the company's performance amidst favorable market conditions. This adjustment is significant as it indicates analyst confidence in WEC's growth prospects, which could influence investor sentiment and share price movements. The updated target suggests a strong belief in the company’s ability to navigate potential challenges in the energy sector. Such a change in evaluation might attract new investments and impact trading volumes in WEC shares.
Read More