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Fly News Breaks for January 22, 2020
COF
Jan 22, 2020 | 06:08 EDT
Piper Sandler analyst Kevin Barker raised his price target for Capital One Financial to $117 from $109 and reiterates an Overweight rating on the shares. The analyst increased his estimates post the company's Q4 results for fiscal 2020 and 2021 by ~4% due to lower provision expenses and higher fee income levels. He finds Capital One's valuation attractive at current share levels.