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.
Tyson Foods, Inc. (NYSE:TSN) reported a loss for the second quarter and cut its FY23 financial outlook.
Tyson reported second-quarter FY23 sales growth of 0.12% year-on-year to $13.13 billion, missing the consensus of $13.62 billion. Adjusted EPS of $(0.04) missed the analyst consensus of $0.80.
Tyson Foods cut its FY23 revenue outlook to $53 billion - $54 billion (previously $55 billion - $57 billion) versus the consensus of $55.04 billion.
Tyson Foods shares dropped 16.4% to close at $50.73 on Monday, but added 0.4% in today’s pre-market trading.
These analysts made changes to their price targets on Tyson Foods after the company reported quarterly results.
- Barclays cut the price target on Tyson Foods from $58 to $52. Barclays analyst Benjamin Theurer maintained an Underweight rating on the stock.
- Bernstein lowered Tyson Foods price target from $75 to $64. Bernstein analyst Alexia Howard maintained an Outperform rating on the stock.
- B of A Securities cut Tyson Foods price target from $56 to $48. B of A Securities analyst Peter Galbo maintained an Underperform rating on the stock.
- Goldman Sachs lowered the price target on Tyson Foods from $64 to $55. Goldman Sachs analyst Adam Samuelson maintained the stock with a Neutral.
Read More: Investor Optimism Improves Ahead Of Inflation Data
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.
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