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CFPB move positive for Capital One, Discover deal, says Keefe Bruyette

CFPB move positive for Capital One, Discover deal, says Keefe Bruyette

Keefe Bruyette analyst Sanjay Sakhrani says the Consumer Financial Protection Bureau dropped its enforcement action against Capital One (COF) is another positive the pending Discover (DFS) deal. Keefe has an Outperform rating on Capital One with a $232 price target.

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