Benzinga's Top Downgrades - CSX (NASDAQ:CSX)

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 Deutsche Bank downgraded H. B. Fuller Company (NYSE: FUL) from “buy” to “hold.” The target price for H. B. Fuller Company is set to $50. H. B. Fuller's shares closed at $45.44 yesterday.Citigroup downgraded CSX (NYSE: CSX) from “buy” to “neutral.” The target price for CSX is set to $27. CSX's shares closed at $25.68 yesterday.Analysts at ISI Group downgraded CEPHEID (NASDAQ: CPHD) from “cautious” to “sell.” The target price for CEPHEID has been raised from $32.50 to $34. CEPHEID's shares closed at $39.09 yesterday.Analysts at Nomura downgraded iGATE (NASDAQ: IGTE) from “buy” to “neutral.” iGATE's shares closed at $27.99 yesterday.

27% profit every 20 days?

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