Morgan Stanley raised Capital One Financial Corporation’s (COF) price target to $267 from $261 on September 29, maintaining an Overweight rating. Analyst Jeffrey Adelson changed the assessment of the North American consumer finance group from cautious to in line. Despite a hiring slowdown, interest rates declining, and improved short-term credit performance, consumer finance equities are expected to remain stable. The revised modeling and sector upgrading are reflected in COF’s new target price of $267. While COF offers investment potential, some AI stocks may have greater upside with less downside risk. For those interested in an undervalued AI stock benefiting from current trends, a free report on the best short-term AI stock is available.

Read more at Yahoo Finance: Morgan Stanley Raises Capital One Financial Corporation (COF)’s Price Target