Discover Financial Services (DFS) has received an average price target of $129.78 from analysts, with stock underperforming compared to competitors on some days and outperforming on others. The company is set to release earnings shortly, and analysts are closely monitoring potential elevated delinquencies. Multiple investment firms like Geneos Wealth Management and other private advisors have grown their stock holdings while others including Chevy Chase Trust Holdings and Nordea Investment Management have reduced their positions. DFS's Q2 2024 earnings projected at $3.02 per share, with its price target being raised by several firms including Barclays and Jefferies Financial Group. \n\nDFS has introduced its Balance+ Overdraft Protection Tool and plans for Q3 2024 earnings of $3.46 Per Share are in place. There is significant interest in the stock with firms acquiring more shares. The company resolved a merchant lawsuit and is set to announce Q2 2024 earnings. Capital One plans to acquire DFS for $35.3 Billion. There's been a drop in Q1 EPS due to rising charge-offs but DFS has also unveiled expansion plans in Singapore. There are concerns over higher loan loss provisions.
Discover Financial Services DFS News Analytics from Fri, 20 Oct 2023 07:00:00 GMT to Sun, 14 Jul 2024 06:14:10 GMT -
Rating 4
- Innovation 7
- Information 6
- Rumor -2
