Discover Financial Services Receives a Hold from Susquehanna

By Carrie Williams

Susquehanna analyst James Friedman reiterated a Hold rating on Discover Financial Services (NYSE: DFS) yesterday and set a price target of $85. The company’s shares opened today at $77.79, equals to its 52-week high of $77.79.

According to TipRanks.com, Friedman is a 4-star analyst with an average return of 15.6% and a 81.3% success rate. Friedman covers the Technology sector, focusing on stocks such as Automatic Data Processing, DXC Technology Company, and Alliance Data Systems.

Discover Financial Services has an analyst consensus of Moderate Buy, with a price target consensus of $78.50.

The company has a one-year high of $77.79 and a one-year low of $57.50. Currently, Discover Financial Services has an average volume of 2.32M.

Based on the recent corporate insider activity of 121 insiders, corporate insider sentiment is negative on the stock.

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Discover Financial Services is a direct banking and payment services company. It operates through its subsidiaries, Discover Bank and Discover Home Loans, Inc. The company runs its business through two segments: Direct Banking and Payment Services.