Capital One shares are trading lower after BMO Capital downgraded the stock from Outperform to Market Perform.
Portfolio Pulse from Benzinga Newsdesk
Capital One shares have declined following a downgrade by BMO Capital from Outperform to Market Perform.
January 10, 2024 | 4:48 pm
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Capital One's stock price has experienced a downturn after BMO Capital downgraded the company's stock rating.
Analyst ratings can have a significant impact on stock prices in the short term. The downgrade from 'Outperform' to 'Market Perform' by BMO Capital suggests a more neutral outlook on Capital One's stock, which can lead to reduced investor confidence and a potential decrease in share price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100