Analysts Reaffirm Buy as Capital One Financial Corporation (COF) Normalizes Credit

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Analysts from Jefferies and BofA Securities have reaffirmed their “Buy” ratings for Capital One Financial Corporation (COF), citing signs of normalizing credit performance despite mixed February data. While delinquencies fell and loan growth held up better than historical averages, net charge-offs rose slowly, and domestic card balances declined more than typical. Both firms view these results as consistent with COF’s return to long-term credit levels and not thesis-changing, maintaining positive outlooks for the company.

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