Wells Fargo Maintains Equal-Weight on Discover Finl, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Donald Fandetti has maintained an Equal-Weight rating on Discover Financial Services (NYSE:DFS) and raised the price target from $152 to $160.
October 18, 2024 | 6:12 pm
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Wells Fargo has maintained its Equal-Weight rating on Discover Financial Services and increased the price target from $152 to $160, indicating a positive outlook.
The increase in the price target from $152 to $160 by Wells Fargo suggests a positive outlook for Discover Financial Services. Maintaining the Equal-Weight rating indicates that the stock is expected to perform in line with the market. The raised price target is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100