UPDATE: Credit Suisse Initiates Coverage on Aramark with Outperform Rating, $32 PT on Multiple Positive Factors - Aramark (NYSE:ARMK)

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.

In a report published Wednesday, Credit Suisse analyst Flavio S. Campos initiated coverage on

27% profit every 20 days?

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Aramark

(NYSE: ARMK) with an Outperform rating and $32.00 price target.In the report, Credit Suisse noted, “ARMK is a leading global food and support services business that also provides uniform and career apparel. Our $32 target price is based on our sum-of-the-parts valuation. We use a ~10.2x multiple on our Food and Support Services (FSS) segment EBITDA estimate of ~$1.1bn and an ~8.4x multiple on our Uniform segment EBITDA estimate of ~$260mm.”Aramark closed on Tuesday at $26.30.