Stock Update (NYSE:DFS): Discover Financial Services’s Utah Customer Care Center Recognized as Best of State Financial Company

Discover Financial Services (NYSE:DFS)’s Utah Customer Care Center has been selected as a top company in Utah by the Best of State award program. The center was named Top Financial Institution in the business services category, joining a list of other prestigious Salt Lake City-based companies.

“We continually look for new ways to develop our products, service, and our employees, while providing an industry-leading customer experience,” said Clint Morley, vice president at Discover’s Customer Care Center in Lake Park. “Receiving recognition as a top company is something we are very proud of and it is a reflection of our dedication and loyalty to our community, our customers and care center employees.”

Best of State judges assess nominations based on three categories – overall excellence and quality of a company’s products or service, ability to differentiate themselves, and efforts to help improve the quality of life in the local community. Community service, charitable contributions, family friendly employment policies, environmentally sound practices or policies, increased employment opportunities, and cultural contributions are a few examples of what nominees are evaluated on.

Discover’s Salt Lake City Customer Care Center, which employs about 3,500 workers, has received additional industry and local recognitions as a top employer in the region, including:

  • Selected by the Salt Lake Tribune as one of 2014 The Wasatch Front Top Workplaces
  • Ranked among the highest in Customer Loyalty (19 years in a row!) according to the 2015 Brand Keys Customer Loyalty Engagement Index report.

The Best of State awards program was created to recognize outstanding individuals, organizations and businesses in Utah that demonstrate excellence in the community and use innovative approaches and methods in their business to excel in their endeavors. (Original Source)

Shares of Discover Financial opened today at $58.91 and are currently trading down at $58.38. DFS has a 1-year high of $66.75 and a 1-year low of $54.02. The stock’s 50-day moving average is $58.81 and its 200-day moving average is $60.19.

On the ratings front, Discover Financial has been the subject of a number of recent research reports. In a report issued on May 6, Bernstein Research analyst Kevin Pierre maintained a Hold rating on DFS. Separately, on May 5, Oppenheimer’s Ben Chittenden reiterated a Buy rating on the stock and has a price target of $77.

According to, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Kevin Pierre and Ben Chittenden have a total average return of 3.1% and -7.3% respectively. Pierre has a success rate of 85.7% and is ranked #2175 out of 3610 analysts, while Chittenden has a success rate of 45.8% and is ranked #3482.

Discover Financial Services is a direct banking and payment services company. The Company offers credit card loans, private student loans, personal loans, home equity loans and deposit products.

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