Morgan Stanley Maintains Equal-Weight on Discover Finl, Lowers Price Target to $107
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck has maintained an Equal-Weight rating on Discover Financial Services (NYSE:DFS) but lowered the price target from $117 to $107.
July 21, 2023 | 1:55 pm
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NEGATIVE IMPACT
Discover Financial Services' price target has been lowered by Morgan Stanley from $117 to $107, while maintaining an Equal-Weight rating.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100