Jim Cramer takes issue with Wolfe Research’s ‘very gutsy call’ on this financial stock
Discover Financial Services (DFS) stock surged 1.82% Thursday morning following an upgrade from Wolfe Research, to trade around $90 apiece. The firm raised its rating on the stock to outperform, or buy, from peer perform, citing Discover’s “underperformance fueled by internal control and risk management deficiencies that will ultimately…create a buying opportunity.” If you like…