UPDATE: Citigroup Initiates Brookfield Infrastructure Partners with Neutral, $34 PT; Valuation Full - Brookfield Infr Partners (NYSE:BIP)

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 initiates its coverage on Brookfield Infrastructure Partners (NYSE: BIP) with a Neutral rating and a price target of $34. Citigroup says, "Shares appear fully valued at current levels (based on our implied target yield estimate) despite a generally risk-averse (80% of cash flow from regulated businesses or long-term contracts) and diversified business model (across industries & geographic locations)."BIP closed at $33.52 on Wednesday.

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!