Barclays Maintains Equal-Weight on Discover Finl, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Terry Ma maintains an Equal-Weight rating on Discover Financial Services (DFS) and raises the price target from $112 to $120.
April 09, 2024 | 11:41 am
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Barclays maintains an Equal-Weight rating on Discover Financial Services and raises the price target from $112 to $120.
The increase in the price target by Barclays reflects a positive outlook on Discover Financial Services, suggesting potential upside for the stock. Given the direct impact of analyst ratings and price targets on investor sentiment, this adjustment is likely to be viewed positively by the market, potentially leading to a short-term increase in the stock price.
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IMPORTANCE 80
RELEVANCE 100