Discover Financial Services (DFS) Tops Q1 EPS by 6c

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Evercore ISI Raises Price target on Discover Financial Services (DFS) to $59 Following 1Q EPS Beat

April 20, 2016 8:36 AM EDT

Evercore ISI reiterated a Buy rating on Discover Financial Services (NYSE: DFS), and raised the price target to $59.00 (from $57.00), following the company's 1Q earnings report. DFS reported 1Q EPS of $1.35, which compares to consensus estimates of $1.29. GAAP NIM increased 8bps LQ to 8.27%, while NIM on... More