RBC Capital Downgrades Denbury Resources To Sector Perform


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 RBC Capital downgraded Denbury Resources (NYSE: DNR) from Outperform to Sector Perform. The target price for Denbury Resources has been lowered from $20 to $19. Denbury Resources shares have declined 9.65% over the past 52 weeks, while the S&P 500 index has surged 15.85% in the same period.Denbury Resources' shares fell 0.62% to close at $16.00 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: DowngradesAnalyst RatingsRBC Capital