J.P. Morgan is out with its report today on RailAmerica (NYSE: RA), raising its PT from $16 to $18.
In a note to clients, J.P. Morgan writes, "We are raising our December 2011 price target from $16 to $18, which is based on applying a 7.5x EV/EBITDA multiple to our 2012 continuing EBITDA forecast. In our view, RA's solid 4Q:10 performance shows that the railroad is delivering stronger operational and financial execution."
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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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.
J.P. Morgan maintains Overweight on RA.
Shares of RA closed Monday at $16.41, up 1.11% from Friday's close.