Wunderlich Reiterates Buy on Bank of Marin - Bank of Marin (NASDAQ:BMRC)

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

Wunderlich is out with its report today on Bank of Marin (NASDAQ: BMRC), reiterating Buy.In its report, Wunderlich writes, "We reiterate our Buy rating on shares of Bank of Marin Bancorp as well as our $42 price target. BMRC reported 3Q11 operating EPS of $0.79, which was $0.01 above consensus and $0.04 above our estimate. BMRC's acquisition in 1Q11 continues to positively impact earnings, and credit quality remains among the strongest of all banks in our research universe."Shares of BMRC closed Monday at $35.31.

20-Year Pro Trader Reveals His "MoneyLine"

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!