U.S. stocks closed mostly higher on Monday, ending the July month on upbeat quarterly earnings. All three major stock indices recorded gains for July, with the S&P 500 adding 3.1% for the month
U.S. stocks closed lower on Friday, with the S&P 500 breaking its six-session win streak. However, the benchmark index still recorded weekly gain, also notching the fifth positive week in a row.
Keefe, Bruyette & Woods analyst Catherine Mealor maintains Capital Bancorp (NASDAQ:CBNK) with a Market Perform and lowers the price target from $26 to $23.
Capital Bancorp (NASDAQ:CBNK) reported quarterly earnings of $0.62 per share which missed the analyst consensus estimate of $0.75 by 17.33 percent. This is a 12.68 percent decrease over earnings of $0.71 per share from