KEY KeyCorp

Truist analyst Brian Foran assigned a Hold recommendation on KeyCorp (KEY) and boosted its target price from $19 to $22. This comes as KeyCorp CEO Chris Gorman announced the bank is not seeking acquisitions but will focus on share repurchases, aligning with activist investor recommendations. The company believes its stock is undervalued and will use capital to buy back shares.

Truist analyst Brian Foran maintained a Hold rating on KeyCorp (KEY) and raised the price target from $19 to $22. This comes as KeyCorp CEO Chris Gorman announced the bank will focus on share repurchases over acquisitions, aligning with activist investor HoldCo Asset Management's views. Billionaire David Tepper also recently added KeyCorp to his portfolio.

This article details KeyCorp (NYSE:KEY) as one of the new stocks in David Tepper’s Appaloosa Management portfolio, highlighting his $37.75 million stake as of Q3 2025. It covers analyst recommendations and KeyCorp CEO Chris Gorman's focus on share repurchases over acquisitions, aligning with activist investor advice. The bank's strategy is to buy back its "undervalued" stock.

Ramaco Resources, Inc. announced a significant increase in its revolving credit facility to $500 million, including a $350 million revolving commitment and a $150 million accordion feature, up from $200 million with a $75 million accordion. The maturity date has also been extended from 2029 to 2030, enhancing financial flexibility for growth, shareholder returns, and the development of its Brook Mine critical mineral and rare earth project. KeyBank served as the Administrative Agent for the facility, with other major banks participating in the syndicate.

Ramaco Resources has entered into a Third Amended and Restated Credit and Security Agreement with KeyBank and other lenders, establishing a $350 million asset-based revolving credit facility, with a potential for a $150 million increase. This facility matures on December 30, 2030, and is intended to enhance the company's liquidity and extend the maturity of its ABL facility. The agreement specifies interest rates at SOFR plus 2.50% or the base rate plus 2.00%, along with a 0.375% unused fee.

This article details one of the new stock additions to David Tepper’s Appaloosa Management 13F portfolio: Citizens Financial Group, Inc. (NYSE:CFG). It covers analyst recommendations, recent price target adjustments, and the company's involvement in significant debt financing for a casino upgrade. The article also provides a brief overview of Citizens Financial Group's operations.