UPDATE: SunTrust Initiates Coverage on Network Stocks

SunTrust analyst Inder Singh initiated coverage on many networks stocks. The following stocks were initiated with Buy ratings:
  • Cisco (NASDAQ: CSCO), $27 price target -- The company's recent product refresh “will begin to drive a return to growth in the next year.” Fear from SDN is “grossly exaggerated.”
  • Aruba Networks (NASDAQ: ARUN), $25 price target -- “Bearish sentiment around near-term operating margins, partly from misinterpreted guidance, has caused the stock to pull back to attractive levels.” The analyst feels consensus estimates “underappreciated potential margin leverage as opex growth slows.”
  • Juniper Networks (NASDAQ: JNPR), $30 price target -- “Poised to sharpen its focus on its core business, narrow its foray into the enterprise & security areas, and benefit from a 2014 uptick in server performance spending on core networks.”

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.


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!


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.


The following stocks were initiated with Neutral ratings:
  • Polycom (NASDAQ: PLCM), $15 price target -- Quick early actions by new CEO have sent the stock up 20 percent, making the shares “fairly valued.”
  • F5 Networks (NASDAQ: FFIV), $116 price target -- The analyst views F5 as “the best positioned player in the Application Delivery Controller market, facing new competition as the market goes to Virtual ADCs.”
Posted In: Analyst ColorAnalyst RatingsTechSinghSunTrust