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StocksUpdated•Originally published 8 May 2026•Updated 8 May 2026•

1 min read

KeyCorp Cuts Vontier Price Target to $40 Following Weak Guidance and Earnings Miss

Key Facts

1KeyCorp reduced its price target for Vontier from $50.00 to $40.00 while maintaining an overweight rating.

2Vontier reported Q1 results where revenue exceeded expectations but EPS missed estimates.

3Management issued lower-than-consensus guidance, causing a 13% drop in the share price.

KeyCorp has reduced its price target for Vontier (VNT) from $50.00 to $40.00, maintaining an Overweight rating despite recent volatility. The company reported Q1 sales of $750.60 million, a 1.3% year-over-year increase, with adjusted earnings per share reaching $0.80. To streamline its operations, Vontier announced the sale of a majority stake in its Teletrac Navman unit for $220.00 million. However, the stock faced significant pressure following weak forward guidance, plummeting 13% to hit a new 52-week low of $30.01. The price target cut reflects KeyCorp's reaction to these operational headwinds and the missed earnings estimates. Investors are now focusing on whether this strategic divestiture will stabilize the company's long-term financial trajectory.

26 days ago

Version History

Version 126 days ago

What changed: Updated the story to include details of the $220 million Teletrac Navman stake sale, specific Q1 revenue figures, and the stock hitting a new 52-week low.