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Capital One Missed Earnings and Truist Cut Its Target. Should You Buy the Dip on This Credit Card Giant?

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Analyst InsightsCorporate EarningsCompany FundamentalsCredit & Bond Markets

Truist Securities cut Capital One Financial's price target by $20 to $255 from $275 on April 23 after the company's first-quarter earnings miss. The revision signals softer near-term expectations for the credit card lender, though the news is limited to analyst commentary rather than a new company announcement.

Analysis

Truist Securities cut Capital One Financial's price target by $20 to $255 from $275 on April 23 after the company's first-quarter earnings miss. The revision signals softer near-term expectations for the credit card lender, though the news is limited to analyst commentary rather than a new company announcement.

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