UPDATE: JP Morgan Raises PT to $75 on Duke Energy Ahead of Investor Day


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.


JP Morgan maintained Duke Energy (NYSE: DUK) with an Overweight rating and raised the price target from $74.00 to $75.00.JP Morgan commented, "We are comfortable going into the event Thursday, as we see the potential for modest, visibility-driven upside as the company addresses how it will reach its 4-6% long-term earnings growth target amid weak load growth, several major outstanding rate cases and pressures on the international segment. Despite outperforming the group YTD, we see DUK shares as pricing in a relatively timid growth trajectory, especially for 2013. We also see any incremental growth via aggressive cost control and visibility associated with the introduction of segment-specific and rate base guidance as positives."Duke Energy closed at $69.46 on Friday.

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 ColorPrice TargetAnalyst RatingsJP Morgan