Keefe, Bruyette & Woods Reiterates Outperform, Reduces Price Target On American Homes 4 Rent On 4Q Wrap-Up


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 Monday, Keefe, Bruyette & Woods analyst Jade J. Rahmani reiterated an Outperform 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.


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American Homes 4 Rent (NYSE: AMH), but reduced the price target from $21.00 to $20.00.In the report, Keefe, Bruyette & Woods noted, "Core FFO was $0.01 below our forecast on a mix of factors. Core NOI of 62.1% exceeded our 61.8% and management revised its NOI target to 61-63% from 61-62%. The company cited several initiatives to improve operating efficiency. We reduce our near-term estimates by approximately $0.01-$0.02 per quarter on slightly lower acquisitions and to incorporate the company's 1Q fixed-rate securitization. We reduce our price target to $20 (from $21), as a result. We believe AMH remains well positioned to take advantage of opportunities in the sector, including consolidation and securitization. Maintain Outperform."American Homes 4 Rent closed on Friday at $16.69.
Posted In: Analyst ColorPrice TargetAnalyst RatingsBruyette & WoodsJade J. RahmaniKeefe