UPDATE: Stifel Nicolaus Maintains Buy, Raises PT to $32 on LTC Properties


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.


Stifel Nicolaus reiterates its Buy rating on LTC Properties (NYSE: LTC) and raises its price target to $32 from #30 per share as it introduces estimates for 2013. Stifel Nicolaus says, "We are introducing 2013 FFO and FAD per share estimates of $2.43 and $2.42, respectively, indicating 6.1% FFO per share growth and 6.1% FAD per share growth. Very modest annual rent increases and accretive acquisitions funded 50% by debt, effectively increasing LTC's leverage, drive earnings growth. ...Given LTC's very low debt levels and ability to accretively invest, we believe it should trade at or above the healthcare REIT median and we are increasing our target price to $32 per share."LTC closed at $30.34 per share on Thursday.

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.


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!

Posted In: Price TargetReiterationPre-Market OutlookMarketsAnalyst RatingsFinancialsSpecialized REIT'sStifel Nicolaus