RBC Capital raised the firm’s price target on Discover (DFS) to $194 from $186 and keeps a Sector Perform rating on the shares after its Q1 earnings beat. Ahead of Capital One (COF) merger, the company’s core trends were solid with improvement in credit card delinquencies and charge-offs as positive trends, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DFS:
- Discover price target raised to $229 from $219 at Truist
- Capital One price target raised to $225 from $215 at Truist
- Discover price target lowered to $180 from $214 at Wells Fargo
- Discover Financial Services Reports Strong Q1 2025 Earnings
- Discover Financial Services’ Earnings Call Highlights Merger and Growth
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue