Discover Financial Services Reports Second Quarter Net Income of $546 Million or $1.40 Per Diluted Share

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Discover Financial (DFS) PT Lowered to $75 at Jefferies

July 27, 2017 7:37 AM EDT

Jefferies lowered its price target on Discover Financial (NYSE: DFS) to $75.00 (from $82.00) while maintaining a Buy rating. DFS reported 2Q17 EPS of $1.40 versus consensus estimates of $1.44.

Management believes the current consensus EPS figure of $5.98 is in the correct "zip code." As a result... More