Piper Jaffray Maintains Neutral Rating, $24 PT On CAB

by Benzinga Staff
January 13, 2011 8:48 AM | 19 seconds read

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

Yesterday afternoon, Cabela's Inc. (NYSE: CAB) management presented at ICR's Investor Conference, Piper Jaffray reports.“Although no major updates on the quarter were revealed, we learned more about how CAB segments its customer base and some further understanding on retail expansion plans,” Piper Jaffray writes. “We continue to maintain our Neutral rating and $24 PT based on valuation.”Cabela's Inc. closed Wednesday at $22.33.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

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Posted In: Analyst RatingsCabela's Inc.Consumer DiscretionaryPiper JaffraySpecialty Stores

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