Stocks
Fandetti Reaffirms Buy Rating on COF, Sets $260 Target
Wells Fargo analyst Donald Fandetti has reaffirmed his Buy rating on Capital One Financial (COF) and set a price target of $260.00.
Fandetti's coverage area includes stocks such as American Express, COF, and SLM, with an average return of 8.4% and a 58.97% success rate on recommended stocks, according to TipRanks.
Citi has also maintained a Buy rating on the stock with a $280.00 price target.
Capital One Financial's recent earnings report showed quarterly revenue of $19.86 billion and a net profit of $3.02 billion for the quarter ending June 30, compared to last year's revenue of $16.41 billion and a GAAP net loss of $4.28 billion.