UPDATE: Stifel Nicolaus Raises PT to $80 on Accenture plc on Fundamental Bullishness


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.


Stifel Nicolaus maintained Accenture plc (NYSE: ACN) with a Buy and raised the price target from $79.00 to $80.00.Stifel Nicolaus analyst David Grossman commented, "In sum, we expect solid fundamentals with growth accelerating in the back half of the year consistent with previous guidance. There are several factors driving improving fundamentals and accelerating growth including easing comparisons, double digit growth in consulting bookings over the past 24 months which are beginning to convert to revenue, the re-emergence of smaller quick turn projects in thepipeline last quarter and stable economic fundamentals."Accenture plc closed at $76.18 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.


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Posted In: Analyst ColorPrice TargetAnalyst RatingsStifel Nicolaus