UPDATE: Morgan Stanley Downgrades Airgas to Equal-Weight Following Outperformance


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.


Morgan Stanley downgraded Airgas (NYSE: ARG) from Overweight to Equal-weight and removed the $100.00 price target.Morgan Stanley analyst Vincent Andrews commented, "In the TTM, Airgas has meaningfully outperformed key peers APD & PX, the overall Chemicals sector, and the S&P 500. […] We are nudging our FY2014 EPS up 2% to $5.60 vs. consensus of $5.49 as we now expect FY14 SSS growth of 3.7% vs.3.3% prior. Nothing has changed about our favorable view of the company's opportunity set, though the economic outlook has improved. While further multiple expansion is possible, it is not our Base Case."Airgas closed at $103.52 on Wednesday.

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 ColorDowngradesAnalyst RatingsMorgan Stanley