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 Cowen & Company downgraded Apple Inc. (NASDAQ: AAPL) from Outperform to Market Perform. The target price for Apple has been lowered from $140 to $130. Apple shares closed at $130.75 yesterday.Wunderlich downgraded Lifelock Inc (NYSE: LOCK) from Buy to Hold. The target price for LifeLock has been lowered from $20 to $9.25. LifeLock shares closed at $8.18 yesterday.Analysts at Atlantic Equities downgraded United Technologies Corporation (NYSE: UTX) to Neutral. The target price for United Technologies has been lowered from $128 to $110. United Technologies shares closed at $102.68 yesterday. Jefferies downgraded Pentair plc. Ordinary Share (NYSE: PNR) from Buy to Hold. The target price for Pentair has been lowered from $72 to $63. Pentair shares closed at $61.59 yesterday.Analysts at Barclays downgraded Apollo Investment Corp. (NASDAQ: AINV) from Overweight to Equal-weight. The target price for Apollo Investment has been lowered from $9 to $7. Apollo Investment shares closed at $7.11 yesterday.Credit Suisse downgraded Chesapeake Energy Corporation (NYSE: CHK) from Outperform to Neutral. Chesapeake Energy shares closed at $9.27 yesterday.Analysts at Imperial Capital downgraded Vertex Energy Inc (NASDAQ: VTNR) from Outperform to In-line. The target price for Vertex Energy has been lowered from $3 to $2.30. Vertex Energy shares closed at $2.01 yesterday.Susquehanna downgraded CF Industries Holdings, Inc. (NYSE: CF) from Positive to Neutral. The target price for CF Industries is set to $70. CF Industries shares closed at $63.96 yesterday.Morgan Stanley downgraded United Natural Foods, Inc. (NASDAQ: UNFI) from Overweight to Equal-weight. United Natural Foods shares closed at $52.05 yesterday.Analysts at Bank of America downgraded Asbury Automotive Group, Inc. (NYSE: ABG) from Neutral to Underperform. Asbury Automotive shares closed at $91.48 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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