Morgan Stanley Keeps a Buy Rating on Discover Financial Services (DFS)


In a report released today, Betsy Graseck from Morgan Stanley maintained a Buy rating on Discover Financial Services (DFS), with a price target of $91. The company’s shares closed yesterday at $71.03.

According to TipRanks.com, Graseck is a 4-star analyst with an average return of 7.9% and a 59.4% success rate. Graseck covers the Financial sector, focusing on stocks such as Goldman Sachs Group Inc, Capital One Financial, and Synchrony Financial.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Discover Financial Services with a $79.80 average price target, which is a 12.3% upside from current levels. In a report issued on February 19, William Blair also reiterated a Buy rating on the stock.

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The company has a one-year high of $80.36 and a one-year low of $54.36. Currently, Discover Financial Services has an average volume of 2.53M.

Based on the recent corporate insider activity of 81 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Discover Financial Services is a holding company, which engages in the provision of direct banking and payment services. It operates through the Direct Banking and Payment Services segments.

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