27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
- Shares of LinkedIn Corp (NYSE: LNKD) and Tableau Software Inc (NYSE: DATA) have lost more than 13 percent since January 4.
- Goldman Sachs analysts maintained the ratings for both companies, while reducing their price targets.
- LinkedIn is poised to benefit from accelerating user growth and monetization, while Tableau's investments in new products may restrict near-term upside, the analysts believe.
Analyst Heath P Terry maintained a Buy rating for the company, while reducing the price target from $280 to $200.
Related Link: LinkedIn's Guidance Send Stock CrashingLinkedIn reported its 4Q15 revenues ahead of expectations and guidance. The company has guided to FY16 revenues and adjusted EPS of $3.60-$3.65 billion and of $950-$975 million, respectively. The lower-than-expected guidance is attributable to macro concerns in APAC and EMEA, along with the company’s decision to sell off Bizo.
“Given those macro concerns and LinkedIn’s recent execution issues, we expect investors will demand financial outperformance before there is meaningful recovery in LNKD’s multiple,” Terry mentioned.
The analyst believes that LinkedIn and its network are among the most valuable assets in the Internet and have significant potential for accelerating user growth and monetization.
Tableau Software
Analyst Jesse Hulsing maintained a Neutral rating on Tableau Software, while reducing the price target from $99 to $61.
Related Link:27% profits every 20 days?
This is what Nic Chahine averages with his options 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!