Citi Raises DFS PT To $25

Citi has raised Discover Financial Services Price Target from $23.00 to $25.00.

According to the report, "DFS held their investor day in NYC. Mgt provided a detailed breakdown of expected loan growth and boosted their EPS growth target to 10-15% from 10%+ previously. The company reiterated card pre-tax ROA guidance of 2.5+%, student loan ROA of 2.5%, and personal loan 3%."

DFS has a Hold Rating and closed at $23.24 yesterday.