Deutsche Bank Sticks to Its Buy Rating for Discover Financial Services (DFS)

In a report issued on July 12, Meng Jiao from Deutsche Bank maintained a Buy rating on Discover Financial Services (DFSResearch Report), with a price target of $150.00. The company’s shares closed last Thursday at $100.00.

According to TipRanks.com, Jiao is a 2-star analyst with an average return of 0.0% and a 39.5% success rate. Jiao covers the Financial sector, focusing on stocks such as Bread Financial Holdings, Third Coast Bancshares, and Capital One Financial.

Discover Financial Services has an analyst consensus of Moderate Buy, with a price target consensus of $128.33, representing a 25.8% upside. In a report issued on June 29, Piper Sandler also maintained a Buy rating on the stock with a $127.00 price target.

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The company has a one-year high of $135.69 and a one-year low of $88.02. Currently, Discover Financial Services has an average volume of 1.92M.

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Illinois-based Discover Financial Services is a direct banking and payment services company. It operates through the Direct Banking and Payment Services segments.

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