UPDATE: Piper Jaffray Raises PT on HeartWare International from $88 to $93


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.


Piper Jaffray reiterated a Neutral rating on HeartWare International (NASDAQ: HTWR) and raised its price target from $88 to $93.Piper Jaffray commented, “Heartware reported notably better than expected revenues and higher expenses in their second straight quarter of taking market share in Europe. US implants were minimal as expected, as HTWR is between clinical trials and awaiting its first FDA HVAD approval (we expect in Q4). HeartWare was impressive in shipping 286 HVAD units internationally as compared to THOR's 212 units, which included a small portion of PVAD/IVADs. On the FDA front, our 3-4 month turnaround time from the positive panel for HTWR's PMA now seems too optimistic.”HeartWare International closed at $86.88 on Tuesday.

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 ColorPrice TargetReiterationAnalyst RatingsPiper Jaffray