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Fly News Breaks for July 9, 2018
COF
Jul 9, 2018 | 07:53 EDT
As previously reported, Oppenheimer analyst Ben Chittenden upgraded Capital One to Outperform from Perform, with a $113 price target, as the delinquency formation is improving and Q2 expectations seem too low to him. The analyst believes Q2 will lead to both a positive EPS revision cycle as well as multiple expansion.