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UPDATE: Jefferies & Company Reiterates Buy Rating, Lowers PT on Capital One Financial Corp.

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In a report published Friday, Jefferies & Company reiterated its Buy rating on Capital One Financial Corp. (NYSE: COF), but lowered its price target from $70.00 to $67.00.

Jefferies noted, “COF's 4Q number was a $0.19 miss to consensus and a $0.10 to our number as revenues came in lighter than expected due to higher fee reversals and an uptick in marketing an integration expenses. While the 2013 revenue outlook was modestly reduced, we still see the shares as attractively priced and would look to add to positions on any pull-back.”

Capital One Financial Corp. closed on Thursday at $61.59.

Latest Ratings for COF

DateFirmActionFromTo
Jul 2014UBSMaintainsBuy
Jul 2014BarclaysMaintainsOverweight
Jul 2014FBR CapitalMaintainsOutperform

View More Analyst Ratings for COF
View the Latest Analyst Ratings

Posted-In: Jefferies & CompanyAnalyst Color Price Target Analyst Ratings

 

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