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Analysts Conflicted on These Financial Names: Blend Labs (BLND), KeyCorp (KEY) and Envestnet (ENV)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Blend Labs (BLNDResearch Report), KeyCorp (KEYResearch Report) and Envestnet (ENVResearch Report).

Blend Labs (BLND)

In a report released today, Dylan Becker from William Blair reiterated a Hold rating on Blend Labs. The company’s shares closed last Tuesday at $1.11.

According to TipRanks.com, Becker is a 4-star analyst with an average return of 5.7% and a 60.7% success rate. Becker covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Procore Technologies, and Altair Engineering.

The word on The Street in general, suggests a Hold analyst consensus rating for Blend Labs with a $1.68 average price target, representing a 47.4% upside. In a report released today, Canaccord Genuity also maintained a Hold rating on the stock with a $2.00 price target.

See today’s best-performing stocks on TipRanks >>

KeyCorp (KEY)

In a report released today, Peter Winter from D.A. Davidson maintained a Buy rating on KeyCorp, with a price target of $14.00. The company’s shares closed last Tuesday at $10.43, close to its 52-week low of $8.54.

According to TipRanks.com, Winter is a 1-star analyst with an average return of -3.9% and a 32.4% success rate. Winter covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Texas Capital Bancshares, and Huntington Bancshares.

Currently, the analyst consensus on KeyCorp is a Moderate Buy with an average price target of $13.40, a 28.2% upside from current levels. In a report issued on September 15, Piper Sandler also upgraded the stock to Buy with a $13.50 price target.

Envestnet (ENV)

In a report released today, Peter Heckmann from D.A. Davidson maintained a Buy rating on Envestnet, with a price target of $72.00. The company’s shares closed last Tuesday at $45.54, close to its 52-week low of $41.72.

According to TipRanks.com, Heckmann is a 1-star analyst with an average return of -0.7% and a 43.8% success rate. Heckmann covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Tyler Technologies, and I3 Verticals.

Currently, the analyst consensus on Envestnet is a Moderate Buy with an average price target of $66.67, representing a 42.9% upside. In a report released yesterday, JMP Securities also reiterated a Buy rating on the stock with a $80.00 price target.

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