Citigroup Maintains Buy,$56 PT on Aetna

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.

Citigroup reiterates its Buy rating and $56 price target on Aetna (NYSE: AET) as the company looks to grow its government presence through acquisition. Citigroup notes, "Aetna has been actively involved in several of the Medicare transactions that have been announced in recent months, but it hasn't been willing to pay as much for the assets as other competitors."AET closed at $43.73 per share on Tuesday.

27% profit every 20 days?

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!