UPDATE: D.A. Davidson Reiterates Neutral Rating, Raises PT on Fiserv

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.

In a report published Wednesday, D.A. Davidson & Co. reiterated its Neutral rating on Fiserv (NASDAQ: FISV), and raised its price target from $75.00 to $78.00.D.A. Davidson noted, “Maintaining NEUTRAL. We feel much of the aforementioned optimism is priced into the shares and it's hard to get terribly excited about purchasing at current levels. Given the modest increase to our estimates, we are raising our price target to $78 from $75, representing an EV/EBITDA multiple of 8.8x and a P/E multiple of 13.5x our 2013 estimates.”Fiserv closed on Tuesday at $75.25.

27% profits every 20 days?

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