UPDATE: Bank Of America Reiterates On QuinStreet On Market Pains


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 Wednesday, Bank of America analyst Nat Schindler reiterated an Underperform rating on QuinStreet (NASDAQ: QNST), but lowered the price target from $5.00 to $4.50.In the report, Bank of America noted, “QuinStreet reported 4QFY14 revenue/EBITDA of $68mn/1.8mn in-line on revenue but below on EBITDA estimates of $68mn/$5.7mn as gross margins fell 390bps in 4Q. Education declined 18% y/y, financial services declined 13% y/y, while other services grew 16% y/y on strength in B2B technology and home services client verticals. Adj. EBITDA margins declined 610bps as QNST spent on marketing.”QuinStreet closed on Tuesday at $4.99.

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.


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!

Posted In: Analyst ColorPrice TargetAnalyst RatingsBank of AmericaNat Schindler