Morgan Stanley Maintains Underweight on Capital One Finl, Raises Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck maintains an Underweight rating on Capital One Financial (COF) and raises the price target from $79 to $86.
July 13, 2023 | 1:28 pm
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Morgan Stanley maintains an Underweight rating on Capital One Financial (COF) and raises the price target from $79 to $86.
The Underweight rating maintained by Morgan Stanley suggests that they expect COF's stock to underperform compared to other stocks. However, the raised price target indicates a slightly more positive outlook than before. This mixed signal could lead to uncertainty and potential short-term downward pressure on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100