Market Overview

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

Share:
Related DFS
Today In Blockchain: Robinhood, Future Fintech, Applied DNA Sciences, Bank of America
12 Stocks To Watch For January 24, 2018
Upcoming Dividends; 40 Companies, 10 Increases, 5 Double-Digit Increases (Seeking Alpha)

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

DateFirmActionFromTo
Feb 2018Morgan StanleyMaintainsOverweightOverweight
Jan 2018OppenheimerMaintainsOutperformOutperform
Jan 2018BarclaysMaintainsOverweightOverweight

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!