Capital One Financial Reaches Analyst Target Price
January 09, 2017 at 09:23 AM EST
In recent trading, shares of Capital One Financial Corp (COF) have crossed above the average analyst 12-month target price of $88.44, changing hands for $88.60/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..