Capital One Financial shares are trading higher after the company reported better-than-expected Q3 financial results. Also, Baird maintained a Neutral rating on the stock and raised its price target from $145 to $150.
Portfolio Pulse from Benzinga Newsdesk
Capital One Financial shares rose following strong Q3 results and a price target increase by Baird from $145 to $150, while maintaining a Neutral rating.
October 25, 2024 | 11:44 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Capital One Financial's shares increased due to better-than-expected Q3 results. Baird maintained a Neutral rating but raised the price target from $145 to $150.
The positive Q3 results likely boosted investor confidence, leading to a rise in share price. The increase in the price target by Baird, despite a Neutral rating, suggests a positive outlook, contributing to the upward momentum.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100