Discover Financial Services shares are trading higher after Citigroup upgraded the stock from Neutral to Buy and raised its price target from $93 to $133.
Portfolio Pulse from Benzinga Newsdesk
Discover Financial Services' stock is trading higher following an upgrade from Citigroup, which changed its rating from Neutral to Buy and increased the price target from $93 to $133.

December 21, 2023 | 4:14 pm
News sentiment analysis
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POSITIVE IMPACT
Discover Financial Services' stock has received a positive outlook from Citigroup, with an upgrade to Buy and a significant raise in the price target.
The upgrade by Citigroup from Neutral to Buy typically indicates a strong positive sentiment towards the company's future performance and is likely to instill confidence in investors. The substantial increase in the price target from $93 to $133 suggests that Citigroup sees considerable upside potential for Discover Financial Services, which can lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100