Capital One Financial Corp (COF) shares attracted investor attention Wednesday morning after Evercore ISI upgraded the stock to ‘Outperform’ from ‘In Line’ with an unchanged price target of $200. Shares of the company rose over 3% on Wednesday morning,

Evercore ISI upgraded Capital One Financial to Outperform from In Line, bolstered by the conviction that the bank's "idiosyncratic factors provide upside earnings optionality in the face of potential credit & revenue headwinds.

Evercore's channel checks suggest that private equity and third-party management platforms have warmed up to the all-inclusive space post-pandemic. In terms of valuation, Hyatt ( NYSE: H) was noted to trade at ~13X the 2026 EV/EBITDA estimate vs. the large cap peer mean of ~17X. The firm assigned a price target of $175 to Hyatt ( H ).