Benzinga's Top Downgrades


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.


Analysts at Canaccord Genuity downgraded Vical (NASDAQ: VICL) from “buy” to “hold.” The target price for Vical has been raised from $7 to $1.40. Vical's shares closed at $1.53 yesterday.Cowen & Company downgraded athenahealth (NASDAQ: ATHN) from “market perform” to “underperform.” The target price for athenahealth has been lowered from $96 to $93. athenahealth's shares closed at $115.66 yesterday. Stifel Nicolaus downgraded Microsoft (NASDAQ: MSFT) from “buy” to “hold.” Microsoft's shares closed at $32.87 yesterday.Analysts at Maxim Group downgraded Macy's (NYSE: M) from “buy” to “hold.” The target price for Macy's has been lowered from $56 to $48.50. Macy's shares closed at $48.11 yesterday.

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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Posted In: DowngradesAnalyst RatingsConsumer DiscretionaryDepartment StoresTop Downgrades