Canaccord Genuity Upgrades Rent-A-Center To Buy


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.


Analysts at Canaccord Genuity upgraded Rent-A-Center (NASDAQ: RCII) from Hold to Buy. The target price for Rent-A-Center has been raised from $25 to $32. Rent-A-Center shares have dropped 29.37% over the past 52 weeks, while the S&P 500 index has surged 22.66% in the same period.Rent-A-Center's shares rose 0.97% to close at $26.59 yesterday.

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!

Posted In: UpgradesAnalyst RatingsCanaccord Genuity