Capital One Financial Corp. (COF) Tops Q3 EPS by 33c

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Nomura Boosts Price Target on Capital One (COF) as Margins Show Strength

October 19, 2012 9:00 AM EDT

Nomura Securities maintained a Neutral rating on Capital One Financial (NYSE: COF)but raised its price target to $63.00 (from $54.00). Analyst also raised EPS estimates as follows: 2012 / 2013 / 2014 estimates to $6.87 / $7.00 / $7.03 from $6.36 / $6.78 / $7.19, respectively.

"Weve been skeptical of COFs ability to control expenses, but this... More