Capital One Financial Corp

NYSE: COF
$147.25
+$4.34 (+3.0%)
Closing price April 22, 2024
Capital One Financial Corp is a leading financial services company offering a wide range of products and services including credit cards, loans, and banking solutions. It caters to consumers, small businesses, and commercial clients, emphasizing digital banking alongside traditional branches and unique cafés. With operations in the US, Canada, and the UK, Capital One is known for its innovative approach to banking and finance, striving to meet the diverse needs of its customers through various channels and products.
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The top analyst upgrades, downgrades and initiations seen on Monday morning include Altria, BB&T, Capital One, CenterPoint Energy, Occidental Petroleum, Vale and Workday.
The top analyst upgrades, downgrades and initiations seen on Wednesday morning include Apple, Chipotle Mexican Grill, eBay, JetBlue, Kraft Heinz, Twitter, Gap and National Oilwell Varco.
Capital One’s bottom line miss is a result of the firm preemptively protecting itself against expected defaults from weakened industries.
Oppenheimer believes that the turmoil in capital markets will pressure trading, investment banking and asset management revenues.
Tuesday’s top analyst upgrades, downgrades and initiations include AT&T, Capital One, Cisco, Novartis, Sprint and Starbucks.
The top analyst upgrades, downgrades and initiations seen on Friday morning include Capital One, Energen, Micron Technology, Salesforce.com, United Continental, United Rentals and Viacom.
While most of the major banks may have been hoping for a rate hike from the U.S. Federal Reserve, they are still closing out the week on a positive note.
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Most consumers know that all credit cards are not created equal. And separating the bad from the good can be tricky.
Argus raised its rating on Capital One to Buy and set a target price that implied 16% appreciation potential in the year ahead.