Movement Alert｜Capital One Intraday Rise 3.08% in Regular Trading, Q3 Earnings Beat and Target Price Increase Support Shares

Market Focus10-21

On October 21, Capital One rose 3.08% in Regular Trading, trading near $207.885 per share, with turnover of $123 million.

The move was supported by a stronger-than-expected third-quarter report and a same-day target price increase from BMO Capital.

Capital One reported adjusted EPS of $6.69 for the quarter ended September 30, above the $5.50 consensus estimate and up from $5.95 a year earlier. Revenue was $16.344 billion, also ahead of expectations near $16.25 billion and above $15.36 billion a year earlier. Separately, BMO Capital raised its price target to $225 from $219. Market positioning remained constructive, with the stock carrying an average overweight-style view and a mean target price of about $254.64.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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