RBC Capital Maintains Outperform on Discover Finl, Lowers Price Target to $108
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Jon Arfstrom has maintained an 'Outperform' rating on Discover Financial Services (NYSE:DFS), but lowered the price target from $115 to $108.

October 20, 2023 | 4:15 pm
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Discover Financial Services' price target has been lowered from $115 to $108 by RBC Capital, though the 'Outperform' rating is maintained.
The lowering of the price target by RBC Capital could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside for the stock, which could counterbalance the negative impact of the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100