UPDATE: Cantor Fitzgerald Reiterates Buy Rating, Raises PT on Priceline.com Following Kayak Acquisition Close

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.

In a report published Tuesday, Cantor Fitzgerald analyst Naved Khan reiterated a Buy rating on Priceline.com (NASDAQ: PCLN), and raised the price target from $800.00 to $900.00.In the report, Khan noted, “We are revising our estimates for PCLN and raising our PT to $900 (from $800) to reflect the close of Kayak's acquisition effective today. Priceline's continued strength in international hotel bookings coupled with potential for synergies from Kayak's acquisition longer-term keep us positive on the stock.”Priceline.com closed on Monday at $842.50.

27% profit every 20 days?

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