Why Capital One Stock Rose 41% in 2023
Capital One Financial (NYSE:COF) stock gained 41%, according to data provided by S&P Global Market Intelligence. The bank made headlines when Berkshire Hathaway began building a stake in it earlier in the year. It got an added boost when the Federal Reserve signaled a potential pivot in its interest rate policy late last year.
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2023 was a challenging year for all stocks, including banks. During the year, the Federal Reserve raised interest rates at its fastest pace in four decades to put a lid on inflationary pressures in the economy.
Source Fool.com
Berkshire Hathaway Inc. A Stock
€619,000
0.320%
Currently there is a rather positive sentiment for Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 650000 € shows a slightly positive potential of 5.01% compared to the current price of 619000.0 € for Berkshire Hathaway Inc. A.
