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.
Nike Inc (NYSE:NKE) reported better-than-expected fiscal third-quarter results and increased its full-year revenue forecast.
Nike said revenue increased 14% year-over-year to $12.4 billion, which beat average analyst estimates of $11.47 billion. The company reported quarterly earnings of $0.79 per share, which beat consensus estimates of 55 cents per share.
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Nike shares fell 1.3% to $124.00 in pre-market trading.
These analysts made changes to their price targets on Nike following the release of results.
- Telsey Advisory Group boosted the price target on Nike from $138 to $140. Telsey Advisory Group analyst Joseph Feldman maintained an Outperform rating.
- UBS increased the price target on Nike from $151 to $155. UBS analyst Jay Sole maintained a Buy rating.
- Barclays increased the price target on Nike from $110 to $154. Barclays analyst Adrienne Yih upgraded the stock from Equal-Weight to Overweight.
- Baird boosted the price target on Nike from $130 to $138. Baird analyst Jonathan Komp maintained the stock with an Outperform rating.
- Credit Suisse raised the price target on Nike from $132 to $139. Credit Suisse analyst Michael Binetti maintained the stock with an Outperform rating.
- Citigroup raised the price target on Nike from $115 to $125. Citigroup analyst Paul Lejuez maintained the stock with a Neutral rating.
- Raymond James raised the price target on Nike from $130 to $135. Raymond James analyst Rick Patel maintained the stock with an Outperform rating.
- Wells Fargo cut the price target on Nike from $146 to $142. Wells Fargo analyst Kate Fitzsimons maintained the stock with an Equal-Weight rating.
- JP Morgan slashed the price target on Nike from $156 to $152. JP Morgan analyst Matthew Korn maintained the stock with an Overweight rating.
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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.