Market Overview

UPDATE: Sterne Agee Raises PT to $45 on Discover Financial Services on Positive Momentum

Related DFS
Keep an Eye on These 10 Stocks for October 20, 2015
Earnings Scheduled For October 20, 2015

Sterne Agee reiterated its Buy rating on Discover Financial Services (NYSE: DFS) and raised its price target from $40 to $45.

Sterne Agee noted, "The forward momentum in this company's Direct Bank and network points to a company capable of continuing to invest and grow the card business, expand the network, develop/launch new products, buy back stock, and build reserves as needed. Reflecting this we are increasing our estimates and raising our price target from $40 to $45."

Discover Financial Services closed at $39.71 on Thursday.

Latest Ratings for DFS

Oct 2015OppenheimerMaintainsOutperform
Oct 2015Stifel NicolausMaintainsBuy
Oct 2015OppenheimerMaintainsOutperform

View More Analyst Ratings for DFS
View the Latest Analyst Ratings

Posted-In: Sterne AgeeAnalyst Color Price Target Pre-Market Outlook Analyst Ratings


Related Articles (DFS)

View Comments and Join the Discussion!

Get Benzinga's Newsletters