Ladenburg Thalmann Maintains Buy, Raises Target to $8.50 on Opko Health


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.


Ladenburg Thalmann reiterates its Buy rating on Opko Health, Inc. (NYSE: OPK) and raises its target to $8.50 from $6 on economics from the Claros platform and the company's emerging orphan drug franchise. Ladenburg says, “In our view, adoption of POC testing outside the hospital has been hindered by high COGs and reliability issues associated with the need to recalibrate most POC products. Data generated from Claros' CE Mark filing for its lead product, a PSA test, suggest performance comparable to a reference lab (r of 0.98 compared to Centaur) while internal validation testing and the structure of Claros' relative value scoring suggest the platform does not require recalibration.”OPK closed at $4.96 per share on Wednesday.

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 ColorPrice TargetAnalyst RatingsLadenburg Thalmann