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Capital One price target raised to $270 from $260 at Truist

Truist analyst Brian Foran raised the firm’s price target on Capital One (COF) to $270 from $260 and keeps a Buy rating on the shares. The firm updated its 2025-2028 EPS each by 1%-3%, now at $17.65, $19.50, $24.50, and $27.00. The key change is the resumption of buybacks in Q3 2025, which was brought up by management in a recent industry conference. Truist models $17B of cumulative buybacks from Q3 2025 until Q4 2026, and have CET1 reaching the low 12s by Q4 2026.

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