COF Citi cut its price target on Club name Capital One to $295 from $310 at Citi. Analysts pointed to higher assumed cost-of-equity after ea
COF Citi cut its price target on Club name Capital One to $295 from $310 at Citi. Analysts pointed to higher assumed cost-of-equity after earnings last week. Still, they called Capital One one of the most attractive stocks within their coverage. I thought the recent quarter was Decent, but the company's business model transformation has been testing my patience. Hopefully, the payoff will be worth it. - per Cramer Investing Club Newsletter
COF Citi cut its price target on Club name Capital One to $295 from $310 at Citi.
Analysts pointed to higher assumed cost-of-equity after earnings last week.
Still, they called Capital One one of the most attractive stocks within their coverage.
I thought the recent quarter was Decent, but the company's business model transformation has been testing my patience.
Hopefully, the payoff will be worth it. - per Cramer Investing Club Newsletter