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Showing posts with label 50 price target. Show all posts
Showing posts with label 50 price target. Show all posts

Monday, August 24, 2009

Capital One COF Stock Upgraded August 24 - 2009

8/24/09 - Shares of Capital One Financial Corp. (COF) are set to open slightly higher in pre market trading this morning as Barclays has issued a key upgrade.

Price Target - $50

Barclays is upgrading Capital One citing long-term earnings growth as the company benefits from declining charge-offs and credit costs.

The next major resistance level I see on the charts for COF is the early November high of $41.29.

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