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Fly News Breaks for June 19, 2019
DFS
Jun 19, 2019 | 06:11 EDT
BofA/Merrill analyst Jason Kupferberg reinstated coverage of Discover Financial Services with a Neutral rating and $82 price target. The analyst believes cyclical credit concerns remain a "potent overhang" on the shares. As a result, he sees limited potential for multiple expansion from current stock levels.
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