Sterne Agee Reiterates Buy and PT of $30 on Discover Financial Services

Sterne Agee reiterated its Buy rating on Discover Financial Services (NYSE: DFS). At the same time, the rating agency left its price target on the company's stock unchanged at $30. On Wednesday, Discover added 1.8% to its value to end the day at $26.61. Its shares continued to climb higher in today's pre-market trading, rising 0.71% to $26.80.