Why Shares of Truist, KeyCorp, and Comerica Are Falling Today
Shares of most bank stocks headed south today as concerns over the sector came back into focus and seemed to worry investors that the banking crisis is not yet over.
Shares of Truist Financial (NYSE: TFC) traded roughly 2.4% lower as of 1:44 p.m. ET today. Meanwhile, shares of (NYSE: KEY) traded nearly 6% lower, while shares of Comerica (NYSE: CMA) were down by roughly 4.5%.
Earlier today, the Federal Deposit Insurance Corp. (FDIC) issued its quarterly report from the first quarter, which the agency issues to review how the sector performed as a whole and identify trends every quarter.
Source Fool.com
KeyCorp Stock
€15.35
-0.400%
With 24 Buy predictions and not a single Sell prediction KeyCorp is an absolute favorite of our community.
On the other hand, the target price of 15 € is below the current price of 15.35 € for KeyCorp, so the potential is actually -2.28%.
