BofA lowered the firm’s price target on Capital One (COF) to $236 from $254 and keeps a Buy rating on the shares. The firm is lowering price targets for a number of stocks in the consumer finance group to account for revised estimates, lower market multiples and higher macro uncertainty.
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Read More on COF:
- Capital One price target lowered to $235 from $275 at RBC Capital
- This Is the Credit Card Stock You Want to Own, Says JPMorgan Chase (JPM)
- Texas Instruments upgraded, Circle downgraded: Wall Street’s top analyst calls
- Capital One price target lowered to $260 from $280 at Wells Fargo
- Capital One upgraded to Overweight from Neutral at JPMorgan
