BTIG Analyst Bullish on Capital One Financial (COF)
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An analyst from BTIG, Vincent Caintic, initiated coverage on Capital One Financial (COF) with a Buy rating and a $264 price target on November 21. This comes amidst a separate legal challenge where a federal judge dismissed a $425 million settlement offer from Capital One to depositors over disputed interest rates, deeming it insufficient. Capital One is currently being sued by 18 states regarding this issue, with the judge ordering renegotiations for a more equitable solution.
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