Capital One Financial Corp (COF) experiences trading surge, amidst several upgrades from Baird and Evercore ISI. Moreover, the case against COF by the Consumer Financial Protection Bureau (CFPB) disappeared in less than two months. COF is considered one of the most undervalued US stocks according to hedge funds and is among the top American bank stocks to buy now. Their growth and synergies from a merger with Discover are also a factor to consider. On the other hand, several investments firms, including PGGM Investments and Blume Capital Management Inc., have decreased their holdings in COF. However, several others including Essential Planning LLC, Taika Capital LP, and Edgestream Partners have taken positions in COF. There was a 6% stock dip despite the company declaring a US$1 dividend, but Robert W. Baird upgraded the stock to Outperform amid this declination. Issues arise with the company due to the Trump Organization’s lawsuit against them over account cancellations.
Capital One Financial COF News Analytics from Sun, 13 Oct 2024 07:00:00 GMT to Sat, 15 Mar 2025 15:50:52 GMT -
Rating 5
- Innovation 1
- Information 8
- Rumor -7
