Jefferies downgrades Discover Financial Services to a Hold rating, but the company’s strong financial foundation and undervalued stock make it an attractive option for investors.
Discover Financial Services has been announced as a target for acquisition by Capital One, with the deal aiming to create a leading consumer banking and payments platform.
Discover Financial Services (DFS) has reported a significant improvement in its financial performance, driven by its ability to capture market share and capitalize on emerging opportunities.