UPDATE: Jefferies Raises PT to $45 on Comcast Following Strong Q3 Results


27% profits every 20 days?

This is what Nic Chahine averages with his options 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.


Jefferies reiterated its Buy rating on Comcast (NASDAQ: CMCSA) and increased its price target from $40 to $45. Jefferies noted, "Comcast delivered a very solid 3Q12 in the cable segment, and while work remains, the NBCU turnaround continues to gain traction. Given the continued strength of the businesses in a tepid economy, the upward-trending cable FCF profile, and the ongoing aggressive return of capital to shareholders, we maintain our Buy rating and are raising our target price to $45 from $40."Comcast closed at $37.56 on Friday.

27% profits every 20 days?

This is what Nic Chahine averages with his options 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.


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!

Posted In: Analyst ColorPrice TargetIntraday UpdateAnalyst RatingsJefferies