Capital One downgraded to Neutral from Buy at Guggenheim Guggenheim downgraded Capital One (COF) following the sale of its Best Buy portfolio to Citigroup (C) given lower estimates and limited catalysts. Price target is $59.
News For COF From The Last 14 Days
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Capital One multiple poised to increase, says Bernstein After viewing a presentation by Capital One, Bernstein expects the company's multiple to increase over the long term as a result of above average growth and profitability. The firm expects the company to benefit from deposit funded growth over the shorter term, and it keeps an Outperform rating on the shares.