UPDATE: BMO Capital Markets Reiterates Market Perform Rating, Raises PT on Questar Corporation - Sitio Royalties (NYSE:STR)

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.

In a report published Monday, BMO Capital Markets reiterated its Market Perform rating on Questar Corporation (NYSE: STR), and slightly raised its price target from $20.00 to $21.00.BMO Capital noted, “While our 2012 estimate remains $1.17, we are reducing our 2013 and 2014 forecasts to $1.17 and $1.21, respectively, from $1.27 and $1.32 on lowered earnings in Pipes. Our SOTP price target rises by $1 to $21 on the roll forward of our valuation to 2014 estimates, with upside potential from Wexpro II and the pipe review.”Questar Corporation closed on Friday at $20.18.

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!