2 Finance Stocks Higher on Acquisition Approval
Financial services giants Capital One Financial Corp (NYSE:COF) and Discover Financial Services (NYSE:DFS) are in the spotlight, after shareholders voted to approve the former's acquisition of the latter. COF was last seen 1.3% higher at 197.82 at last glance. In response to today's headlines, BofA Global Research upgraded COF to "buy" from "neutral," and raised its price target to 207. The shares boast a 47.6% year-over-year lead, and are on track for their fourt ...