Morgan Stanley Maintains Equal-Weight on Discover Financial Services (DFS)

Morgan Stanley is out with its report today on Discover Financial Services DFS, maintaining Equal-weight. In a note to clients, Morgan Stanley writes, "We're Equal-weight DFS. We expect significant EPS growth through 2012 due to improving credit trends, and look for capital deployment to drive additional upside." Shares of DFS closed Thursday at $24.20, up 0.08% from Wednesday's close.