Wunderlich Maintains Agree Realty at Buy on Q1 Capital Formation


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.


Wunderlich Securities analyst Merrill Ross has published a research report on Agree Realty (NYSE: ADC) that maintained its Buy rating and $32.00 price target.In the report, Wunderlich wrote, "Buy-rated Agree Realty (ADC) had a busy 1Q13 on the capital formation front, offering 1.8 million shares in mid-January that netted proceeds of $44.9 million. However, acquisition activity was muted relative to a strong finish in 2012, with only $14.9 million in acquisition announcements for the quarter. We are lowering our 2013 AFFO estimate based on revised timing of acquisition activity, which is the main earnings driver for this real estate operator. However, we are maintaining our $32 target, which is in line with our forward estimate of net asset value at year end."Agree Realty closed Monday at $28.11.

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 ColorReiterationAnalyst RatingsWunderlich Securities