Discover Financial Services (DFS) has disclosed a new risk, in the Corporate Activity and Growth category.
Discover Financial Services faces significant financial exposure due to non-recurring costs stemming from its ongoing merger activities. These expenses encompass a broad array of fees and outlays, including legal and advisory services, employee-related costs, and various regulatory and compliance charges. Moreover, the firm is obligated to cover certain costs irrespective of the merger’s finalization, potentially impacting its financial position regardless of the transaction’s outcome. This financial strain introduces a tangible risk to the company’s short-term fiscal health.
The average DFS stock price target is $122.50, implying 0.65% upside potential.
To learn more about Discover Financial Services’ risk factors, click here.
