Discover The Value In Discover Financial

Overview

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Appeal

Discover Financial could be a good fit for investors looking for a play in financials following the recent interest rate announcement.

Even in the prevailing low-rate environment, three analysts raised their price targets an average of 4.7 percent following their Q1 earnings release.

Discover has already rebounded 2 percent from lows hit Thursday after the Federal Reserve Bank’s announcement that rates would stay put. Shares traded Friday at $52.64 two hours before the close.