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 Morgan Stanley downgraded GoPro Inc

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(NASDAQ: GPRO) from Equal-weight to Underweight. The price target for GoPro has been lowered from $23 to $12. GoPro shares closed at $19.15 on Friday.Credit Suisse downgraded Tyco International plc (Ireland) Ordinary Share (NYSE: TYC) from Outperform to Neutral. The price target for Tyco International has been lowered from $40 to $36. Tyco International shares closed at $32.46 on Friday. Jefferies downgraded E I Du Pont De Nemours And Co (NYSE: DD) from Buy to Hold. DuPont shares closed at $70.44 on Friday.Analysts at BMO Capital downgraded LDR Holding Corp (NASDAQ: LDRH) from Outperform to Market Perform. The price target for LDR Holding has been lowered from $32 to $28. LDR Holding shares closed at $24.69 on Friday.Analysts at KeyBanc downgraded Douglas Emmett, Inc.

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(NYSE: DEI) from Overweight to Sector Weight. Douglas Emmett shares closed at $29.80 on Friday.Deutsche Bank downgraded Hormel Foods Corp (NYSE: HRL) from Buy to Hold. Hormel Foods shares closed at $77.44 on Friday.Goldman Sachs downgraded Mead Johnson Nutrition CO (NYSE: MJN) from Buy to Neutral. Mead Johnson Nutrition shares closed at $77.50 on Friday. Analysts at BMO Capital downgraded Stryker Corporation (NYSE: SYK) from Market Perform to Underperform. The price target for Stryker has been lowered from $105 to $88. Stryker shares closed at $92.20 on Friday.Analysts at Citigroup downgraded Mattress Firm Holding Corp (NASDAQ: MFRM) from Buy to Neutral. Mattress Firm Holding shares closed at $47.51 on Friday.Analysts at Raymond James downgraded Methanex Corporation (USA) (NASDAQ: MEOH) from Outperform to Market Perform. The price target for Methanex has been lowered from $50 to $43. Methanex shares closed at $35.53 on Friday.

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