Discover provides best value in credit card space, says Susquehanna Susquehanna believes Discover provides the best value in the credit card space following Q4 results. The firm sees rising NIM and industry leading receivables growth in 2014 which will allow the company to further distance itself from its peers. Shares are Positive rated with a $58 price target.
Discover says performance against 2014 priorities good except in mortgages Discover Financial CEO David Nelms says performance year-to-date against its 2014 priorities has been generally good, with the exception of its goal to expand in mortgages. Aside from mortgages, its efforts to expand direct consumer banking products has been good, the executive indicated.