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DFS

Discover

$56.46

0.06 (0.11%)

18:51
10/10/16
10/10
18:51
10/10/16
18:51

Discover initiated with a Neutral at Wedbush

Wedbush analyst Henry Coffey initiated Discover with a Neutral and a $63 price target.

  • 25

    Oct

DFS Discover
$56.46

0.06 (0.11%)

09/07/16
09/07/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Discover (DFS) downgraded to Equal Weight from Overweight at Barclays with analyst Mark DeVries downgrading the stock after lowering his rating on the U.S. Consumer Finance sector to Neutral from Positive. 2. Eastman Chemical (EMN) and Celanese (CE) were downgraded to Neutral from Buy at Citi with analyst P.J. Juvekar saying he sees earnings growth risks from a secular decline in the "once dependable" filter tow business, which is used in cigarette filters. 3. Royal Caribbean (RCL) downgraded to Hold from Buy at Argus with analyst John Staszak citing the company's outlook for higher fuel costs and foreign exchange headwinds. 4. Accuride (ACW) downgraded to Hold from Buy at Gabelli. 5. Dollar General (DG) downgraded to Underperform from Peer Perform at Wolfe Research. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/07/16
LEHM
09/07/16
DOWNGRADE
Target $9
LEHM
Equal Weight
FS Investment downgraded to Equal Weight from Overweight at Barclays
Barclays analyst Mark DeVries downgraded FS Investment (FSIC) to Equal Weight after lowering his rating on the U.S. Consumer Finance sector to Neutral from Positive. A recession and turn in credit is inevitable, whether it occurs this year or two years from now, DeVries tells investors in a research note. The analyst believes investors will "have a hard time getting the conviction needed to be more constructive on multiples." He lowered his price target for FS shares to $9 from $10. DeVries this morning also downgraded Discover Financial Services (DFS) to Equal Weight.
09/07/16
LEHM
09/07/16
DOWNGRADE
Target $63
LEHM
Equal Weight
Discover downgraded to Equal Weight from Overweight at Barclays
Barclays analyst Mark DeVries downgraded Discover Financial Services to Equal Weight after lowering his rating on the U.S. Consumer Finance sector to Neutral from Positive. A recession and turn in credit is inevitable, whether it occurs this year or two years from now, DeVries tells investors in a research note. The analyst believes investors will "have a hard time getting the conviction needed to be more constructive on multiples." He keeps a $63 price target on shares of Discover.
09/01/16
JEFF
09/01/16
NO CHANGE
Target $70
JEFF
Buy
Discover price target raised to $70 from $66 at Jefferies
Jefferies analyst John Hecht raised his price target for Discover Financial Services to $70 following mid-quarter meetings with investors and the company's investor relations team. The analyst continues to view Discover as one of the best positioned names among general purpose issuers. He keeps a Buy rating on the name.

TODAY'S FREE FLY STORIES

MIK

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Navient

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CMCO

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CLGX

CoreLogic

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MGP

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ASX

Advanced Semiconductor

$5.38

0.11 (2.09%)

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ACIA

Acacia Communications

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NVS

Novartis

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WDC

Western Digital

$63.85

1.76 (2.83%)

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F

Ford

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MU

Micron

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  • 07

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ESGR

Enstar Group

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TRUE

TrueCar

$12.44

0.02 (0.16%)

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TWI

Titan International

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ANET

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DPSGY

Deutsche Post

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DLLLY

Delta Lloyd

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SSREY

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ZURVY

Zurich Insurance

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AV

Aviva

$11.86

0.36 (3.13%)

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BHP

BHP Billiton

$38.34

-0.4 (-1.03%)

04:58
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  • 07

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RIO

Rio Tinto

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KMI

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D

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SHLX

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