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

Jefferies analyst John Hecht maintained a Buy rating on Discover Financial Services (DFSResearch Report) on July 12 and set a price target of $150.00. The company’s shares closed last Thursday at $100.00.

According to TipRanks.com, Hecht is a 5-star analyst with an average return of 9.7% and a 60.0% success rate. Hecht covers the Financial sector, focusing on stocks such as Bread Financial Holdings, Capital One Financial, and Regional Management.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Discover Financial Services with a $128.33 average price target, 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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Discover Financial Services’ market cap is currently $30.85B and has a P/E ratio of 5.93.

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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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