Keefe Bruyette & Woods Downgrades Lloyds Banking to Market Perform

08:33 AM EDT, 07/17/2026 (MT Newswires) -- Keefe Bruyette & Woods on Friday downgraded British lender Lloyds Banking Group (LLOY.L) to market perform from outperform, while maintaining its price target at 1.20 pounds sterling. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)