JPMorgan Initiates Coverage on Credit Card Providers (AXP, COF, DFS)

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Analysts at JPMorgan on Wednesday initiated coverage on several leading credit card providers.

The firm published the following ratings and price targets for the stocks below:

  • American Express ( AXP ) - "Overweight" rating and $50 price target (16% upside).
  • Capital One Financial ( COF ) - "Neutral" rating and $41 price target (10% upside).
  • Discover Financial ( DFS ) - "Neutral" rating and $18 price target (flat upside).

The Bottom Line
Shares of American Express ( AXP ) have a 1.67% dividend yield, based on last night's closing stock price of $43.22.
Shares of Capital One Financial ( COF ) have a .54% dividend yield, based on last night's closing stock price of $37.23.
Shares of Discover Financial Services ( DFS ) have a .44% dividend yield, based on last night's closing stock price of $18.28.

None of the dividend stocks mentioned in this article currently have a high enough Dividend.com DARS™ Rating to qualify for our "Recommended" list.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Stocks

Referenced Stocks: AXP , COF , DFS

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