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 RBC Capital downgraded RetailMeNot (NASDAQ: SALE) from Outperform to Sector Perform. The target price for RetailMeNot has been lowered from $42.00 to $24.00. RetailMeNot's shares closed at $25.30 yesterday.Pacific Crest downgraded FIVE9 (NYSE: FIVN) from Outperform to Sector Perform and removed the price target of $10.00. FIVE9's shares closed at $7.62 yesterday.Analysts at Bank of America downgraded ITT Educational Services (NYSE: ESI) from Neutral to Underperform. The target price for ITT Educational Services is set to $7. ITT Educational Services' shares closed at $7.72 yesterday.BB&T Capital downgraded Pike Electric (NYSE: PIKE) from Buy to Hold and removed the price target of $12.00. Pike Electric's shares closed at $11.83 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 RatingsTop Downgrades