On August 15, BofA assigned a Buy rating to COF and lifted the price target on the shares to $245 from $244. BofA Securities Raises Capital One (COF) Price Target to $245Capital One reported July figures that indicated better net charge-off rates, while there was a small increase in delinquencies. BofA Securities maintained its Buy rating on COF, with analyst Mihir Bhatia pointing to the positive long-term gains from the Discover purchase. While we acknowledge the potential of COF as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. READ NEXT: Dow 20 Stocks List: Ranked By Hedge Fund Bullishness Index and 10 Unstoppable Dividend Stocks to Buy Now.