Keefe Bruyette & Woods On Credit Cards

Keefe Bruyette & Woods writes "American Express, Capital One, Discover Financial, and Alliance Data Systems are
expected to report November monthly data on Wednesday (12/15). In this note, we provide a recap of previous data, seasonal trends seen in November, our current estimates for the quarter, and the companies' guidance."

Companies related to this report include:

Alliance Data Systems (NYSE: ADS) TP $80

American Express (NYSE: AXP) TP $6

Capital One Financial Corp (NYSE: COF) TP $45

Discover Financial Services (NYSE: DFS) TP $20