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Fly News Breaks for July 24, 2015
COF
Jul 24, 2015 | 05:23 EDT
Wells Fargo downgraded Capital One to Market Perform citing a more cautious outlook following the bank's "meaningful credit-driven miss" in Q2. Wells believes the guidance suggests only modest improvement in operating leverage is likely through 2016. It cut its price target range for shares to $94-$96 fro $96-$98.
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