Discover Financial Services (DFS -1.4%) slips as Stifel Nicolaus reduces its rating to Hold on...

|About: Discover Financial Services (DFS)|By:, SA News Editor

Discover Financial Services (DFS -1.4%) slips as Stifel Nicolaus reduces its rating to Hold on valuation after the stock hit its price target of $39 late last week. Stifel thinks the stock will have a tougher time justifying another target price raise given the questionable macro environment.