Capital One +2.4% as Jefferies notes `positive narrative'

|About: Capital One Financial Corpo... (COF)|By:, SA News Editor

Capital One (NYSE:COF) shares gets a 2.4% boost after Jefferies analyst John Hecht upgrades the credit-card issuer to buy, citing its "positive narrative," partly due to its superior digital bank capabilities and user experience.

Hecht also sees improving efficiency helping COF.

Separately, Hecht expects COF, American Express (AXP +1.3%), Discover Financial (DFS +1.8%), and Synchrony Financial (SYF +2.5%) credit-card April master trust reports to show delinquencies declining and charge-offs mixed.

Capital One sell-side analyst ratings; quant ratings.

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