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 Jefferies downgraded Renren (NYSE: RENN) from “hold” to “underperform.” The target price for Renren has been lowered from $3.30 to $2.90. Renren shares closed at $3.35 on Wednesday.Analysts at RBC Capital downgraded Points International (NASDAQ: PCOM) from “outperform” to “sector perform.” Points International's shares closed at $26.49 on Wednesday.Analysts at Goldman Sachs downgraded Experian plc (OTC: EXPGY) from “neutral” to “sell.” Experian's shares closed at $18.63 on Wednesday. Analysts at Capital One Financial downgraded W&T Offshore (NYSE: WTI) from “add” to “neutral.” W&T Offshore's shares closed at $18.92 on Wednesday.

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 RatingsTop Downgrades