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Enter Symbol:
 
Capital One Financial Corporation (COF) [hlAlert]

Rating:
Neutral COF

Capital One Financial Corporation (COF) rated Neutral with price target $11 by JP Morgan

Posted on: Tuesday,  Feb 24, 2009  8:25 AM ET by JP Morgan

Capital One (COF)
rated Neutral with price target $11 by JP Morgan.

Capital One Financial Corporation is a diversified banking company focused primarily on consumer and commercial lending and deposit origination. Its principal business segments are Local Banking and National Lending. Local Banking includes the Company?s branch, treasury services and national deposit gathering activities; its commercial, branch-based small business lending and certain branch originated consumer lending, and its mortgage servicing activities. The National Lending segment consists of two sub-segments: the U.S. Card sub-segment, which consists of domestic consumer credit and debit card activities and the other sub-segment, which includes the Company?s auto finance and international lending sub-segments. In February 2009, the Company completed its acquisition of Chevy Chase Bank.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/24/2009 8:25 AM Hold
None
9.01 11.00
as of 12/24/2008
1 Week   
1 Month   
3 Months   
1 YTD up  111.09 %

(*) Stock Price at the time of the recommendation.
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