UPDATE: Jefferies Upgrades Extra Space Storage on Healthy Fundamentals, Attractive Valuation


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.


In a report published Thursday, Jefferies analyst Omotayo Okusanya upgraded the rating on Extra Space Storage (NYSE: EXR) from Hold to Buy, and raised the price target from $46.00 to $49.00.In the report, Jefferies noted, “Robust SS NOI growth, a growing acquisition pipeline and our view that EXR will continue to take market share from smaller competitors drive our favorable outlook. Combined with a more attractive valuation, our revised PT of $49 represents a 24% total return; we are upgrading to Buy.”Extra Space Storage closed on Wednesday at $40.81.

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 ColorUpgradesAnalyst RatingsJefferiesOmotayo Okusanya