Stephens & Co. Reiterates Equal-Weight on Discover Finl, Maintains $98 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Vincent Caintic has reiterated an Equal-Weight rating on Discover Financial Services (NYSE:DFS) and maintained a price target of $98.

December 14, 2023 | 2:22 pm
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NEUTRAL IMPACT
Discover Financial Services (DFS) maintains an Equal-Weight rating and a $98 price target from Stephens & Co., indicating a neutral outlook.
The reiteration of an Equal-Weight rating suggests that Stephens & Co. believes Discover Financial Services is fairly valued at its current price. The maintained price target of $98 indicates that the analyst does not foresee significant price movement in the short term. As this is a reiteration of a previous stance rather than new information, the impact on the stock price is likely to be minimal, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100