discover financial services

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...

In a report published by Credit Suisse, it is raising the estimates on Discover Financial Services (NYSE: DFS). The target price is $23.00 and rating is Neutral. Discover Financial Services closed yesterday at $22.25.

KBW is out with its report today on Discover Financial Services (NYSE: DFS), reiterating Outperform. In a note to clients, KBW writes, "Following Discover Financial Services' F1Q11 earnings announcement, we are increasing our F2011 EPS estimate to $2.73 (from $2.41), but maintaining our F2012 EPS...

Citi has reported the results of Discover Financial Services first quarter. Citi writes, "DFS reported EPS of $0.84, well above our estimate and consensus at $0.60. The strong beat was primarily driven by a large ~32c reserve release, along with higher non-interest income and a lower tax rate. The...

Citi, which raised its PT on shares of Discover Financial Services (NYSE: DFS), is providing some color on the stock. “We are raising our Q1 est to $0.60 (ex any one-time STU deal exp) to reflect better credit (consensus is $0.51),” Citi writes. “And we believe core Q1 EPS has risk to the upside on...

Citigroup has raised the price target on Discover Financial Services (NYSE: DFS) from $20 to $23 and maintains its Hold rating.