Benzinga's Top Downgrades - Franklin Resources (NYSE:BEN)

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 BMO Capital downgraded Symantec (NASDAQ: SYMC) from “outperform” to “market perform.” The target price for Symantec has been raised from $22 to $24. Symantec's shares closed at $22.90 yesterday.Analysts at UBS downgraded Franklin Resources (NYSE: BEN) from “buy” to “neutral.” Franklin's shares closed at $57.84 yesterday. RBC Capital downgraded Triumph Group (NYSE: TGI) from “sector perform” to “underperform.” The price target for Triumph Group has been lowered from $73 to $67. Triumph Group's shares closed at $69.82 yesterday. Citigroup downgraded Xerox (NYSE: XRX) from “buy” to “neutral.” Xerox's shares closed at $12.44 yesterday.

27% profit every 20 days?

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