Barrington Downgrades Tegna To Market Perform - Read Why


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.


  • Barrington analyst James Goss has downgraded Tegna Inc (NYSE:TGNAto Market Perform from Outperform without a price target. 
  • Goss said reported takeover offers of $22 and $23 per share present fair value for the company. 
  • While there is the potential for a bidding war to push the price higher, "this would be speculative as a play for additional upside," Goss noted.
  • Price Action: TGNA shares traded lower by 0.37% at $21.70 on the last check 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 ColorNewsDowngradesAnalyst RatingsTechBriefs