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 UBS downgraded Ralph Lauren Corporation

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(NYSE: RL) from Buy to Neutral. The price target for Ralph Lauren has been lowered from $185 to $143. Ralph Lauren's shares closed at $139.71 yesterday.Analysts at Deutsche Bank downgraded Costco Wholesale Corporation (NASDAQ: COST) from Buy to Hold. The price target for Costco Wholesale has been lowered from $147 to $142. Costco Wholesale's shares closed at $155.92 yesterday.Analysts at Morgan Stanley downgraded Macy's, Inc. (NYSE: M) from Overweight to Equal-weight. The price target for Macy's is set to $70. Macy's shares closed at $64.89 yesterday.Analysts at Stifel Nicolaus downgraded Powell Industries, Inc. (NASDAQ: POWL) from Buy to Hold. The price target for Powell Industries is set to $54. Powell Industries' shares closed at $36.58 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.


Posted In: DowngradesAnalyst RatingsConsumer DiscretionaryDepartment StoresTop Downgrades