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Enter Symbol:
Rating: DFS
Buy $63

Discover Financial Services (NYSE: DFS) rated to Buy with price target $63 by DA Davidson

Wednesday,  Jan 13, 2016  8:25 AM ET by Betsy O'Brien Harrison

DA Davidson rated Discover
Financial Services (NYSE: DFS) to Buy with price target $63.

Discover Financial Services (DFS) is a credit card issuer and electronic payment services company. DFS is also engaged in payments processing. Its business segments include U.S. Card and Third-Party Payments. U.S. Card segment includes Discover Card-branded credit cards issued over Discover?s card network (the Discover Network), and consumer lending and deposit products offered through its subsidiary, Discover Bank. Third-Party Payments segment includes PULSE Network (PULSE), an automated teller machine (ATM), debit and electronic funds transfer network; Diners Club International (Diners Club), and its third-party business. On March 31, 2008, DFS sold its United Kingdom credit card business (Goldfish) to Barclays Bank PLC. On June 30, 2008, the Company acquired Diners Club International. In July 2008, DFS announced the opening of a new subsidiary, Discover Information Technology (Shanghai) Ltd., in the People?s Republic of China, to support its data analysis and modeling operations.

By offering a full menu of integrated brokerage, capital markets, money management, trust and wealth management services, Davidson Companies has grown to become one of the nation’s leading regional financial services holding companies. Headquartered in Montana, the company has a reach that stretches across 16 states – and we continue to grow. More importantly, we continue to expand the variety and quality of products and services we provide our clients. We work to find more ways to bring you the best in integrated financial services. That’s our commitment to you. The Davidson Companies family includes: * D.A. Davidson & Co., the largest full-service investment firm based in the Northwest and a leader in investment banking and company research for the region; * Davidson Investment Advisors, a professional money management firm; * Davidson Trust Co., a wealth management and trust firm; * Davidson Fixed Income Management, a registered investment adviser providing fixed income services; * and Davidson Travel, a full-service travel agency. Welcome to Davidson Companies, offering excellence in financial services.



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