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 Citigroup downgraded ZS Pharma Inc (NASDAQ: ZSPH) from Buy to Neutral. ZS Pharma shares closed at $89.36 on Tuesday.Analysts at Argus Research downgraded Hartford Financial Services Group Inc (NYSE: HIG) from Buy to Hold. Hartford Financial shares closed at $45.54 on Tuesday.Deutsche Bank downgraded Scorpio Bulkers Inc (NYSE: SALT) from Buy to Hold. The price target for Scorpio Bulkers has been lowered from $3 to $1. Scorpio Bulkers shares closed at $1.15 on Tuesday. KBW downgraded StoneCastle Financial Corp (NASDAQ: BANX) from Outperform to Market Perform. The price target for StoneCastle Financial has been lowered from $19 to $18.75. StoneCastle Financial shares closed at $17.32 on Tuesday.Analysts at Mizuho Securities downgraded Citrix Systems, Inc. (NASDAQ: CTXS) from Buy to Neutral. The price target for Citrix Systems has been lowered from $90 to $80. Citrix Systems shares closed at $78.42 on Tuesday.Analysts at BMO Capital downgraded SM Energy Co (NYSE: SM) from Outperform to Market Perform. The price target for SM Energy has been lowered from $45 to $40. SM Energy shares closed at $32.82 on Tuesday.Deutsche Bank downgraded Diana Shipping Inc. (NYSE: DSX) from Buy to Hold. The price target for Diana Shipping has been lowered from $10.50 to $4. Diana Shipping shares closed at $5.23 on Tuesday. Raymond James downgraded Exxon Mobil Corporation (NYSE: XOM) from Market Perform to Underperform. Exxon Mobil shares closed at $79.98 on Tuesday.

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.


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Posted In: DowngradesAnalyst RatingsTop Downgrades