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 Topeka Capital downgraded Dreamworks Animation SKG (NASDAQ: DWA) from Hold to Sell. The price target for Dreamworks Animation has been lowered from $23 to $17. Dreamworks Animation's shares closed at $21.85 yesterday.Analysts at Atlantic Equities downgraded Macy's (NYSE: M) from Overweight to Neutral. The price target for Macy's has been raised from $62 to $68. Macy's shares closed at $61.56 yesterday. Analysts at Raymond James downgraded Spirit Airlines (NASDAQ: SAVE) from Outperform to Market Perform and removed the price target of $85. Spirit Airlines' shares closed at $84.47 yesterday. Analysts at Mizuho Securities downgraded Walgreen Co (NYSE: WAG) from Buy to Neutral. The price target for Walgreen has been lowered from $83 to $72. Walgreen's shares closed at $67.73 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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