Barclays raised the firm’s price target on Capital One (COF) to $250 from $226 and keeps an Overweight rating on the shares following the Q1 report. The firm says Capital One’s credit is strong while its spending trajectory remains a concern.
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Read More on COF:
- Buy Rating Reaffirmed Despite Earnings Miss on Improving Credit Trends, Cost Discipline, and Long-Term Benefits from Discover and Brex Integrations
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