JP Morgan Lowers PT On SYNT To $60


27% profits every 20 days?

This is what Nic Chahine averages with his options 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.


JP Morgan has issued a report lowering the Price Target on Syntel (NASDAQ: SYNT) from $64 to $60 a share.According to the report, "We remain OW longer term given the company's attractive revenue growth profile and our view that longer-term margins could stay around 20% (excl. FX), but we're incrementally cautious."SYNT has an Overweight Rating and closed at $56.61 a share yesterday.

27% profits every 20 days?

This is what Nic Chahine averages with his options 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 ColorPrice TargetAnalyst RatingsData Processing & Outsourced ServicesInformation TechnologyJP Morgan