Discover Financial Services operates as a credit card issuer and electronic payment services company primarily in the United States. The company offers Discover Card-branded credit cards to individuals and small businesses over Discover’s signature card network; and other consumer products and services, including prepaid and other consumer lending and deposit products through the Discover Bank subsidiary. Its payments businesses consist of Discover Network, a comprehensive payments network that supports multiple card products, issuers, and processors; PULSE, an ATM/debit network; and Diners Club International, a global payments network with acceptance in 185 countries and territories. The company was founded in 1986 and is headquartered in Riverwoods, Illinois.
Analysts' Recommendation: | Hold |
| 30 Days Ago: | Hold |
|
| Analysts' Target: | $18 |
| Analysts' Targets |
| Lehman Brothers | $18 |
| Overweight |
Wednesday, June 18, 2008 |