Wells Fargo analyst Donald Fandetti raised the firm’s price target on Capital One (COF) to $185 from $170 and keeps an Overweight rating on the shares. The firm is also raising its 2025/2026 EPS estimates +15c to reflect better credit and other minor model adjustments. Wells is pleased with the delinquency/NCO metrics and reserve release in Q3.
Don't Miss out on Research Tools:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COF:
- Capital One put volume heavy and directionally bearish
- Judge blocks Tapestry-Capri deal, Centene reports Q3 beat: Morning Buzz
- Capital One price target raised to $160 from $150 at RBC Capital
- Capital One price target raised to $173 from $161 at BofA
- Capital One price target raised to $150 from $145 at Baird