Benzinga's Top Downgrades


27% profits every 20 days?

This is what Nic Chahine averages with his options 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 Stifel Nicolaus downgraded Cummins Inc. (NYSE: CMI) from Buy to Hold and removes the price target of $157.00. Cummins shares closed at $136.44 yesterday.Analysts at Macquarie downgraded InterOil Corporation (USA) (NYSE: IOC) from Outperform to Neutral. The price target for InterOil has been lowered from $60 to $50. InterOil shares closed at $49.16 yesterday. Analysts at Baird downgraded FMSA Holdings Inc (NYSE: FMSA) from Outperform to Underperform. The price target for FMSA Holdings has been lowered from $9 to $6. FMSA Holdings shares closed at $8.48 yesterday. Analysts at Canaccord Genuity downgraded NuVasive, Inc. (NASDAQ: NUVA) from Buy to Hold. The price target for NuVasive has been lowered from $54 to $49. NuVasive shares closed at $45.07 yesterday.JP Morgan downgraded Santander Consumer USA Holdings Inc (NYSE: SC) from Overweight to Neutral. The price target for Santander Consumer USA is set to $22. Santander Consumer USA shares closed at $23.13 yesterday.Macquarie downgraded Rosetta Resources Inc. (NASDAQ: ROSE) from Neutral to Underperform. Rosetta Resources' shares closed at $22.72 yesterday.Analysts at Deutsche Bank downgraded China Life Insurance Company Ltd. (NYSE: LFC) from Buy to Hold. China Life Insurance shares closed at $75.10 yesterday. JP Morgan downgraded Vale SA (ADR) (NYSE: VALE) from Overweight to Neutral. Vale's shares closed at $6.13 yesterday.Analysts at BNP Paribas downgraded Melco Crown Entertainment Ltd (ADR) (NASDAQ: MPEL) from Hold to Reduce. Melco Crown Entertainment's shares closed at $22.68 yesterday.Noble Financial downgraded Ducommun Incorporated (NYSE: DCO) from Buy to Hold. Ducommun's shares closed at $33.22 yesterday.

27% profits every 20 days?

This is what Nic Chahine averages with his options 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.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: DowngradesAnalyst RatingsTop Downgrades