Banking, finance, and taxes

Upgrades Come to Financials (AXP, COF, CMA, DFS, LEH, PRSP)

These are some of the top analyst calls for the financial services group we have seen in the early hours of trading this Tuesday morning:

  • American Express (NYSE: AXP) raised to Neutral at UBS.
  • Capital One (NYSE: COF) raised to Neutral at UBS.
  • Comerica (NYSE: CMA) raised to Outperform at KBW.
  • Discover Financial Services (NYSE: DFS) raised to Neutral at UBS
  • Lehman Brothers (NYSE: LEH) raised to Overweight with $31 target at Morgan Stanley, although this was technically a late-Monday call.
  • Prosperity Bancshares (NASDAQ: PRSP) raised to Outperform at BMO Capital Markets.

Jon C. Ogg
July 1, 2008

Credit Card Companies Are Doing Something Nuts

Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.

It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.

We’ve assembled some of the best credit cards for users today.  Don’t miss these offers because they won’t be this good forever.

 

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

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