UPDATE: Goldman Sachs Upgrades Panera Bread to CL-Buy on Solid Growth

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.

Goldman Sachs Analyst Michael Kelter released a note on Panera Bread Company (NASDAQ: PNRA) from Neutral to Conviction List Buy and raised its price target from $185 to $215.In the report, Kelter stated "We upgrade PNRA to Buy from Neutral and add the shares to the Americas Conviction List with 30% upside to our new $215, 12-month price target. We see PNRA as one of the preeminent growth stories in Restaurants and after a period of under-performance see the shares as particularly attractive. A traffic inflection in the spring may serve as a catalyst."Following the report, shares of Panera traded up 2.63 percent to $173.95 in pre-market trading.

27% profit every 20 days?

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