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.
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Read More on DFS:
- Discover price target raised to $229 from $219 at Truist
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