Capital One (COF) Enjoys Multiple Analyst Upgrades Amid Litigation Clarity

Group 1 - Capital One Financial Corp (NYSE:COF) is recognized as one of the top American stocks to buy and hold for 2026, with target price increases from analysts [1] - Keefe, Bruyette & Woods raised its target price for COF from $260 to $290, while Citi increased its target from $290 to $310, the latter being the highest among 26 analyst ratings [1] - Allspring Global Investments has significantly increased its stake in COF, now holding 496,245 shares, likely influenced by the acquisition of Discover, which is expected to generate $1.5 billion in synergies [2] Group 2 - COF has made progress in its litigation by proposing a simplified settlement for a misleading interest-rate advertisement, with $425 million to be distributed directly to lawsuit participants [3] - The company is the largest credit card issuer in the US by loan volume and operates as a diversified financial holding company, originally spun off from Signet Financial in 1994 [4]