Morgan Stanley's Views on Discover Financial Services are Reinforced by Investor Day
February 28, 2014 at 10:08 AM EST
In a report published Friday, Morgan Stanley analyst Betsy L. Graseck reiterated an Overweight rating and $66.00 price target on Discover Financial Services (NYSE: DFS ). In the report, Morgan Stanley noted, “DFS has been actively increasing the duration of liabilities to be more asset sensitive (extended effective duration of