Capital One Financial (COF) received a price target increase from BofA Securities on December 15, going from $248 to $268 with a Buy rating. Despite weaker card loan growth, credit metrics remain strong. Wolfe Research initiated coverage on December 8 with an Outperform rating and a price target of $270, citing positive factors like ROTCE gains and NIM trajectory. Wolfe Research projects COF’s CET1 ratio to be about 12% by the end of 2027, indicating room for more capital returns. COF offers a diverse range of financial products and services to various clients.
Read more at Yahoo Finance: Capital One Financial (COF) Sees Bullish Updates from Analysts
