Multiple Banks Raise Capital One Financial Price Targets Amid Positive Outlook

Citigroup has maintained a "Buy" rating on Capital One Financial (COF) and raised its price target to $290, reflecting optimism about the company's growth prospects. Other major analysts, including Morgan Stanley, JP Morgan, and Barclays, have also maintained positive ratings and increased price targets, with Barclays raising its target to $271 following strong Q3 2025 earnings driven by the Discover Financial Services acquisition. Capital One's strong performance includes a 39% year-over-year increase in purchase volume and a $16 billion share buyback plan, alongside an increased quarterly dividend from $0.60 to $0.80 per share. The average analyst price target for Capital One stands at around $259, indicating potential upside from current levels. Meanwhile, CFRA upgraded Barclays stock from Hold to Buy and raised its price target to $24, citing improved profitability, resilient performance, and growth catalysts such as investment banking recovery and mortgage growth. Despite recent gains, Barclays stock is seen as undervalued relative to peers, with potential for further re-rating as financial targets are met.