Barrington Research Reiterates Patterson Outperform, $36 PT


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 Research reiterated its Patterson (NASDAQ: PDCO) Outperform rating and $36 price target in a research report published today.In the report, Barrington Research states, "We are reiterating our OUTPERFORM rating and $36 price target for shares of PDCO following its Q3/12 earnings release as we continue to believe the company is well positioned within its industries to drive both growth and leverage."Shares of Patterson were trading at $32.26 at the time of posting, up 0.62% from Monday's market close.

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 ColorReiterationAnalyst RatingsBarrington Research