Capital One, Discover, Synchrony upped at Barclays

Seeing a stable consumer and improving consumer credit trends in 2025, Barclays upgraded Capital One Financial (NYSE:COF), Discover Financial (NYSE:DFS), and Synchrony Financial (NYSE:SYF) to Overweight from Equalweight.

Meanwhile, higher-for-longer mortgage rates could lead to higher default rates in coming quarters. Thus, Barclays