UPDATE: Wedbush Raises Liz Claiborne's 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.

According to a research report published this morning, Wedbush has increased Liz Claiborne's (NYSE: LIZ) PT from $15 to $16.In the report, Wedbush commented, "LIZ reported 1Q EBITDA loss of $1m but reiterated full year EBITDA guidance of $125-140m. This marks the 2nd quarter that management did not lower guidance, confirming our view that the shares and model are at an inflection point."Wedbush maintains its Outperform rating on Liz Claiborne, which is currently trading at $13.96.

27% profit every 20 days?

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