UPDATE: Morgan Stanley Raises PT to $34 on CBS Corporation


27% profits every 20 days?

This is what Nic Chahine averages with his options 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.


Morgan Stanley reiterates its Overweight rating on CCBS Corporation (NYSE: CBS) and increases its price target to $34, up $1, as rising subscription revenues offset soft advertising. Morgan Stanley says, "Our above-street ‘12/'13 EPS forecasts move up on modestly higher subscription revs and improved margins. Local ad trends should accelerate through CY12 as political ramps, while re-trans trajectory appears better than expected."CBS closed at $29.57 a share yesterday.

27% profits every 20 days?

This is what Nic Chahine averages with his options 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 TargetReiterationIntraday UpdateAnalyst RatingsMorgan Stanley