Capital One Financial (COF – Research Report), the Financial sector company, was revisited by a Wall Street analyst yesterday. Analyst Keith Horowitz from Citi maintained a Buy rating on the stock and has a $245.00 price target.
Keith Horowitz has given his Buy rating due to a combination of factors that highlight Capital One Financial’s potential for growth and resilience. Despite concerns over antitrust issues related to the acquisition of Discover, Horowitz believes that Capital One is well-positioned to address these challenges. The company has expressed confidence in closing the deal, and Horowitz suggests that any regulatory concerns could be mitigated by strategic adjustments, such as selling parts of the Discover card portfolio while retaining its valuable network.
Additionally, Horowitz has updated his earnings estimates for Capital One, reflecting a positive outlook for the company’s future performance. The revised estimates show an increase in expected earnings per share for the years 2026 and 2027, indicating strong potential for profitability. With an expected share price return of 48.3%, Horowitz maintains a Buy rating and a target price of $245, underscoring his confidence in Capital One’s ability to navigate current challenges and deliver substantial returns.
Horowitz covers the Financial sector, focusing on stocks such as Bank of America, Capital One Financial, and Huntington Bancshares. According to TipRanks, Horowitz has an average return of 12.7% and a 68.40% success rate on recommended stocks.
In another report released today, KBW also maintained a Buy rating on the stock with a $232.00 price target.
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