KeyCorp (KEY) plans to redeem all 525,000 depositary shares of its Series D preferred stock on September 15, 2026. Despite a recent rise in share price, KeyCorp is considered 10.4% undervalued with a fair value of $26.02 compared to its current price of $23.31, according to analysts. Investors should consider potential risks like higher funding costs and nonperforming loans when evaluating the stock.
Simply Wall Street
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