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 Credit Suisse downgraded Gilead Sciences Inc.

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(NASDAQ: GILD) from Outperform to Neutral. The price target for Gilead Sciences has been lowered from $130 to $115. Gilead Sciences' shares closed at $99.90 yesterday.Analysts at B Riley downgraded Pandora Media, Inc. (NYSE: P) from Buy to Neutral. The price target for Pandora Media has been lowered from $38 to $12.50. Pandora Media's shares closed at $18.41 yesterday. Analysts at Raymond James downgraded Prestige Brands Holdings, Inc. (NYSE: PBH) from Outperform to Market Perform and removed the price target of $37.00. Prestige Brands' shares closed at $39.45 yesterday. Analysts at Pacific Crest downgraded Yelp, Inc. (NYSE: YELP) from Outperform to Sector Perform and removed the price target of $85.00. Yelp's shares closed at $57.47 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 RatingsTop Downgrades