Hudson Raises PT on EnPro Industries to $50 (NPO) - Enpro (NYSE:NPO)

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.

Hudson is out with its report today on EnPro Industries (NYSE: NPO), raising its price target from $45 to $50.In a note to clients, Hudson writes, "We are maintaining our 2011 EPS estimate of $3.72, and raising our 2012 EPS estimate to $4.38 from $4.20. We are raising our price target to $50 from $45 based on 11.5x our 2012 EPS of $4.38."Hudson maintains Buy on NPO.At the time of posting, shares of NPO were trading at $42.00, down 0.17% from Wednesday's close.

27% profit every 20 days?

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!