UPDATE: Deutsche Bank Lowers PT on Amkor Technology from $6 to $5

by Benzinga Staff
July 27, 2012 11:20 AM | 27 seconds read

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

Deutsche Bank maintained a Hold rating on Amkor Technology (NASDAQ: AMKR) and lowered its price target from $6 to $5.Deutsche Bank wrote, “We believe the outlook for the communications segment remains strong, given a number of upcoming product launches in 4Q12, but we remain cautious given the continuing 28nm wafer shortage and the risk of order push outs by customers given the heightened macro uncertainty. As such, we are lowering our price target from $6 to $5, maintain Hold on balanced risk/reward.”Amkor Technology closed at $4.91 on Thursday.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

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