JPMorgan initiates coverage on a trio of credit-card firms, with an Overweight rating for...

|By:, SA News Editor

JPMorgan initiates coverage on a trio of credit-card firms, with an Overweight rating for American Express (AXP) and Neutral ratings for both Capital One Financial (COF) and Discovery Financial (DFS). All three are up premarket: AXP +1.5%, COF +1%, DFS +0.9%.