UPDATE: ISI Group Initiates Coverage on KeyCorp on Plenty of Capital, Subdued ROEs

In a report published Tuesday, ISI Group analyst Keith Murray initiated coverage on KeyCorp (NYSE: KEY ) with a Neutral rating and $12.00 price target. In the report, ISI Group noted, “We are initiating coverage of KeyCorp with a Neutral rating and 12-month price target of $12. We think Key's