Goldman Sachs Upgrades ConAgra To Buy


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


According to Goldman Sachs, ConAgra (NYSE: CAG) shares are upgraded to Buy.Goldman Sachs said that CAG has modest leverage and strong FCF and we believe its recent Ralcorp offer shows a new willingness to aggressively utilize its available capital. “We are raising our 12-month P/E derived price target to $31, from $28, as we increase our target P/E to 15x, from 13.5x.”ConAgra closed on Friday at $25.20.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: Analyst ColorUpgradesAnalyst RatingsConAgraConsumer StaplesGoldman SachsPackaged Foods & Meats