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Fly News Breaks for February 21, 2018
COF
Feb 21, 2018 | 06:37 EDT
Nomura Instinet analyst Bill Carcache downgraded Capital One Financial to Neutral and lowered his price target for the shares to $109 from $111. The analyst believes the benefit of improving credit is now fully discounted in the shares and he sees "little room" for positive earnings revisions given the company's slowing sales growth.