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Discover price target raised to $229 from $219 at Truist

Truist raised the firm’s price target on Discover (DFS) to $229 from $219 and keeps a Buy rating on the shares as part of a broader research note on Consumer Finance names. The firm is updating its models after Q1 results, with a positive view on the company’s Q1 beat on provisions and partly by net interest margin, the analyst tells investors in a research note.

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