UPDATE: Credit Suisse Upgrades Brookfield Infrastructure Partners LP to Outperform, Raises PT on Mispriced Distribution Growth


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 Andrew M. Kuske upgraded the rating on

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!

Brookfield Infrastructure Partners LP (NYSE: BIP) from Neutral to Outperform, and raised the price target from $42.00 to $46.00.In the report, Credit Suisse noted, “Based on our analytics, we believe Brookfield Infrastructure Partners has mispriced distribution growth. That growth looks to be supported by ongoing organic development along with M&A potential. As per our Ideas Engine report, on a DDM basis, our calculated historical 5-year ‘k' is 17.8% for BIP with a 9.8% growth rate (2014-15 on consensus). In our view, that ‘k' value is undemanding and was clearly skewed upwards in the financial crisis along by a much smaller BIP at the time of the original Brookfield Asset Management spin. We view BIP as uniquely positioned in our coverage universe given a global platform, the BAM relationship, a mild degree of economic sensitivity and, among other things, the capital recycling potential to support an M&A program. Given the valuation comparative and outlook, we upgrade BIP to Outperform from Neutral and increase our target price to US$46 from US$42.”Brookfield Infrastructure Partners LP closed on Tuesday at $40.54.
Posted In: Analyst ColorUpgradesAnalyst RatingsAndrew M. KuskeCredit Suisse