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Fly News Breaks for April 1, 2016
COF
Apr 1, 2016 | 05:46 EDT
JPMorgan analyst Richard Shane upgraded Capital One to Overweight saying the company's credit sensitivity is lower than basic metrics would imply and misunderstood by investors. The analyst believes Capital One has "best-in-class underwriting" and "industry-leading" growth. He raised his price target for the shares to $83 from $73.
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