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Fly News Breaks for June 14, 2018
COF
Jun 14, 2018 | 05:35 EDT
Piper Jaffray analyst Kevin Barker upgraded Capital One Financial to Overweight and raised his price target for the shares to $116 from $98. The company's credit profile has improved faster than expected, Barker tells investors in a research note. He increased his estimates for Capital One and believes consensus expectations are not adequately reflecting improved credit trends and higher net interest margin from mortgage sales.
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