discover financial services

Credit Suisse made a number of updates in a research report published today, Southern Company (NYSE: SO) had its rating upgraded from Neutral to Outperform. At the same time, its price target was raised from $40 to $45. On Thursday, Southern lost 0.56% of its value to close the day at $39.34. Its...

Goldman Sachs has raised the price target on Discover Financial Services (NYSE: DFS) from $27 to $28 and maintains its Neutral rating.

JP Morgan has raised the price target on Discover Financial Services (NYSE: DFS) from $24 to $26 and maintains its Neutral rating.

Credit Suisse has changed the price target on the following companies: Agrium (NYSE: AGU) Outperform, from $108 to $111 Cardinal Health (NYSE: CAH) Outperform, from $51 to $53 Discover Financial Services (NYSE: DFS) Neutral, from $25 to $28 Micron Technology (NASDAQ: MU) Outperform, from $15 to...

Goldman Sachs reiterated its Neutral rating on Discover Financial Services (NYSE: DFS). At the same time, Goldman stressed its optimism about the company's near-term performance. In a research report published today, Goldman states, "While we remain Neutral rated, we do believe the shares could...

According to Citi, Discover Financial Services (NYSE: DFS) Q2 estimate is raised to $0.73. Citi said that it is raising its Q2 est to $0.73 to reflect better credit (consensus is $0.69). “As of Q1, mgt noted their 10.2% TCE/TMA vs. their long-term 8% target, which left them with $1.4 B of excess...

Credit Suisse has made a number of updated in a research report published today. Research In Motion Limited (NASDAQ: RIMM) had its rating downgraded from Outperform to Neutral. At the same time, credit Suisse lowered its price target on the company's stock from $70 to $30. In the report, Credit...

According to Bank of America, Discover Financial Services (NYSE: DFS) currently trades at 7x its 2012 EPS estimate, below its historical average multiple, as its credit leverage and earning potential remain under-appreciated by the Street. Bank of America said that it expects investors to focus on...

Bank of America Merrill Lynch is out with its report today on Discover Financial Services (NYSE: DFS), maintaining Buy. In a note to clients, Bank of America Merrill Lynch writes, "Capital generation should remain robust, in our view, with stable margins and improving credit. That said, DFS...

Sterne Agee is out with its report today on Discover Financial Services (NYSE: DFS), raising its PT from $27 to $30. In a note to clients, Sterne Agee writes, "DFS is evolving into something that is significantly more durable that just a well-run card lender with deposit funding. Its banking...

Sterne Agee has raised the price target on Discover Financial Services (NYSE: DFS) from $27 to $30 and maintains its Buy rating.

According to a recent report from Goldman Sachs, credit card stocks have outperformed thus far in 2011; However, due to their belief that credit benefits will soon subside, American Express (NYSE: AXP) seems to be in a better position than Discover Financial Services (NYSE: DFS) and Capital One...

Morgan Stanley is out with its report today on Discover Financial Services (NYSE: DFS), maintaining Equal-weight. In a note to clients, Morgan Stanley writes, "We're Equal-weight DFS. We expect significant EPS growth through 2012 due to improving credit trends, and look for capital deployment to...

According to Sterne Agee, Discover Financial Services' (NYSE: DFS) price target is raised. Sterne Agee reported that, following a review of the company's most recent quarterly results and the information supplied at the company annual investor day (03/23/10), it is increasing its price target from...

According to Morgan Stanley, Discover Financial Services (NYSE: DFS) reiterated long-term goals during its investor day, including growth targets for its business lines, a normalized 15%+ ROE, and an ~8% TCE/TA ratio. Morgan Stanley reported that it believes keys for DFS to get to these targets...