Discover Financial Services, through its subsidiaries, operates as a digital banking and payment services company in the United States. It operates in two segments, Digital Banking and Payment Services. The Digital Banking segment offers Discover-branded credit cards to individuals; and other consumer products and services, including private student loans, personal loans, home loans, and other consumer lending, as well as deposit products, such as certificates of deposit, money market accounts, IRA certificates of deposit, IRA savings accounts, checking accounts, and sweep accounts. The Payment Services segment operates the PULSE network, an automated teller machine, debit, and electronic funds transfer network; Diners Club International, a payments network that issues Diners Club branded charge cards and/or provides card acceptance services; and Discover Network that processes transactions for Discover-branded credit and debit cards, as well as offers payment transaction processing and settlement services. Discover has strategic network alliance agreement with Arab Financial Services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.
IPO Year:
Exchange: NYSE
Website: discover.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/7/2025 | $180.00 | Buy → Hold | Jefferies |
| 1/13/2025 | $150.00 → $239.00 | Neutral → Buy | UBS |
| 1/6/2025 | $137.00 → $186.00 | Equal Weight → Overweight | Barclays |
| 6/7/2024 | Neutral | BTIG Research | |
| 2/8/2024 | $105.00 → $133.00 | Equal-Weight → Overweight | Morgan Stanley |
| 1/19/2024 | $121.00 → $107.00 | Buy → Hold | HSBC Securities |
| 1/10/2024 | $140.00 | Hold | Deutsche Bank |
| 1/3/2024 | $104.00 → $129.00 | Neutral → Overweight | Piper Sandler |
| 12/20/2023 | $93.00 → $133.00 | Neutral → Buy | Citigroup |
| 12/6/2023 | $94.00 → $116.00 | Neutral → Buy | BofA Securities |
Jefferies downgraded Discover Financial Services from Buy to Hold and set a new price target of $180.00
UBS upgraded Discover Financial Services from Neutral to Buy and set a new price target of $239.00 from $150.00 previously
Barclays upgraded Discover Financial Services from Equal Weight to Overweight and set a new price target of $186.00 from $137.00 previously
BTIG Research initiated coverage of Discover Financial Services with a rating of Neutral
Morgan Stanley upgraded Discover Financial Services from Equal-Weight to Overweight and set a new price target of $133.00 from $105.00 previously
HSBC Securities downgraded Discover Financial Services from Buy to Hold and set a new price target of $107.00 from $121.00 previously
Deutsche Bank initiated coverage of Discover Financial Services with a rating of Hold and set a new price target of $140.00
Piper Sandler upgraded Discover Financial Services from Neutral to Overweight and set a new price target of $129.00 from $104.00 previously
Citigroup upgraded Discover Financial Services from Neutral to Buy and set a new price target of $133.00 from $93.00 previously
BofA Securities upgraded Discover Financial Services from Neutral to Buy and set a new price target of $116.00 from $94.00 previously