Fly News Breaks for February 17, 2017
COF
Feb 17, 2017 | 05:31 EDT
Goldman Sachs analyst Ryan Nash upgraded Capital One to Buy and raised his price target for the shares to $110 from $106. Almost all of the bank's increases in losses during 2016 can be explained by "growth math," which should have a "finite life to it," Nash tells investors in a research note. The analyst expects the impact to level off in the first half of 2017 and believes Capital One's earnings leverage is being underestimated by the Street.
News For COF From the Last 2 Days
COF
Apr 25, 2024 | 16:05 EDT
Reports Q1 revenue $9.4B, consensus $9.34B.