Odeon Capital Downgrades Capital One Finl to Sell, Announces $94.2 Price Target
Odeon Capital analyst Dick Bove downgrades Capital One Finl (NYSE:COF) from Hold to Sell and announces $94.2 price target.
Neobank Current Onboards New Chief Risk Officer Ahead Of 2023 Credit Product Launch
Current, the Andreessen Horowitz-backed disruptor looking to fix the way people bank, announced the addition of Siva Gowrishankar as the firm’s new Chief Risk Officer.
5 Most Expensive Financial Stocks You Should Worry About
The most overbought stocks in the financial sector presents an opportunity to go short on these overvalued companies.
JP Morgan Maintains Overweight on Capital One Financial, Lowers Price Target to $120
JP Morgan analyst Richard Shane maintains Capital One Financial (NYSE:COF) with a Overweight and lowers the price target from $124 to $120.
BMO Capital Maintains Outperform on Capital One Financial, Lowers Price Target to $141
BMO Capital analyst James Fotheringham maintains Capital One Financial (NYSE:COF) with a Outperform and lowers the price target from $152 to $141.
Capital One Financial Q4 Adj. EPS $2.82 Misses $3.84 Estimate
Capital One Financial (NYSE:COF) reported quarterly earnings of $2.82 per share which missed the analyst consensus estimate of $3.84 by 26.56 percent. This is a 47.87 percent decrease over earnings of $5.41 per share
Consumer Health Check: Are We OK? How Credit Card Data Could Provide Some Clues
Consumers are "still depressed” despite a bounce in sentiment, Gregory Daco, chief economist at Ernst & Young, recently said.
Earnings Scheduled For January 24, 2023
Companies Reporting Before The Bell
• GATX (NYSE:GATX) is expected to report quarterly earnings at $1.44 per share on revenue of $327.63 million.
Google Layoffs 12K Employees, Netflix’s Q4 Earnings And CEO Steps Down, FDA Rejects Eli Lilly’s Alzheimer’s Candidate: Top Stories Friday, Jan. 20
Here's a round-up of stories from around the globe and from various media outlets.
Benzinga
Capital One Financial Lets Go Over 1,000 Tech Employees: Report
Capital One Financial Corp (NYSE: COF) has reportedly cut 1,100 positions in its technology segment in a move to improve its efficiency.