UPDATE: Wedbush Upgrades Autodesk to Outperform on Positive Checks


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.


Wedbush upgraded Autodesk (NASDAQ: ADSK) from Neutral to Outperform and raised the price target from $34.00 to $45.00.Wedbush commented, "We are upgrading ADSK shares to OUTPERFORM from NEUTRAL based on improving macroeconomic fundamentals, supported by our end-quarter 4Q checks, which suggest ADSK saw solid 4Q channel sales. … Our conversations with resellers suggest 4Q activity was fairly robust, with customer demand boosted by an impending increase to upgrade pricing, a 2.9% financing offer, and resellers' year-end selling efforts." Autodesk closed at $38.86 on Tuesday.

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.


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Posted In: Analyst ColorUpgradesPre-Market OutlookAnalyst RatingsWedbush