UPDATE: Cantor Fitzgerald Raises PT on Priceline.com, Growth Stronger Than Expected


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.


In a report published Wednesday, Cantor Fitzgerald reiterated Priceline.com (NASDAQ: PCLN) with a Buy rating and raised the price target from $750 to $800 on solid booking growth.Cantor Fitzgerald reported that, “Stronger-than-expected growth in international bookings and 1Q outlook demonstrate that PCLN's efforts to gain market share in Asia-Pac/LatAm through aggressive investments (in advertising, personnel, etc.) are paying off even as its core European market continues to perform well in a challenging macro climate."Priceline.com shares closed at $678.49 on Tuesday.

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.


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!

Posted In: Analyst ColorPrice TargetAnalyst RatingsCanter Fitzgerald