Discover FInancial (DFS +1.5%) is upgraded to Buy at FBR Capital, which boosts FY13 and FY14...

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

Discover FInancial (DFS +1.5%) is upgraded to Buy at FBR Capital, which boosts FY13 and FY14 estimates thanks to higher receivables growth, better net interest margin, and lower credit costs. FBR downgraded Discover 2 months ago because of the "It" card, but the early returns have made believers of the analyst team.