UPDATE: Morgan Stanley Reiterates Overweight Rating, Raises PT on Agnico Eagle Mines Ltd. as Momentum is Expected to Continue - Agnico Eagle Mines (NYSE:AEM)

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 Friday, Morgan Stanley analyst Brad Humphrey reiterated an Overweight rating on Agnico Eagle Mines Ltd. (NYSE: AEM), and raised the price target from $32.60 to $36.00.In the report, Morgan Stanley noted, “Consistently exceeding expectations with solid operations in stable jurisdictions support premium valuation: Although YTD AEM has been one of the better performing gold producers (up 27% vs the HUI up 20%), we believe further upside is possible supported by its strong asset base as it enters the harvest phase.”Agnico Eagle Mines Ltd. closed on Friday at $33.47.

27% profits every 20 days?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!