Capital One Financial Corp.  (COF) - Get Report tumbled 6.2% to close at $78.20 on Wednesday after the financial services company missed fourth-quarter revenue expectations.

The McClean, Virginia-based company reported net income of $2.48 a share, and adjusted earnings of $1.87 a share. Wall Street had forecast earnings of $2.41 a share. Capital One reported a loss of $971 million, or $2.17 a share, a year ago.

Capital One posted revenue of $8.24 billion and adjusted revenue of $7.01 billion, which missed analysts' forecasts of $7.07 billion. For the year, the company reported profit of $6.02 billion, or $11.82 a share. Revenue totaled $28.08 billion.

In response to the revenue miss, analysts lowered their price targets for Capital One.

Nomura Instinet analyst Bill Carcache lowered his price target to $90 and maintained his neutral rating on the shares following the company's fourth-quarter results. Carcache said the quarter was "confidence shaking" with "disappointing" revenue growth, elevated expenses, and the need to make upfront investments associated with the onboarding of the Walmart Inc.  (WMT) - Get Report portfolio.

Credit Suisse analyst Moshe Orenbuch lowered his price target to $102 from $109. He saw the high level of expenses without revenue visibility as negative. He also considered management establishing an overhead ratio target excluding marketing as allowing for too much variability in estimates. However, Orenbuch said he was encouraged by the acquisition of the Walmart portfolio, which should be able to drive revenue and earnings upside starting from 2020, while offering Capital One "tremendous" credit protection. He reiterated an outperform rating.