Capital One price target lowered to $110 from $115 at Wells Fargo

Wells Fargo lowered the firm’s price target on Capital One to $110 from $115 and keeps an Overweight rating on the shares. The high conviction bid for consumer lenders as seen in January and February has evaporated, but there could be a "pop then fade" for the stocks on solid Q1 results, the analyst tells investors in a research note.