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 Northland Securities downgraded GrubHub Inc

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(NYSE: GRUB) from Outperform to Market Perform. The price target for GrubHub has been lowered from $30 to $25. GrubHub shares closed at $24.00 on Tuesday.Deutsche Bank downgraded The Carlyle Group LP (NASDAQ: CG) from Buy to Hold. The price target for Carlyle Group has been lowered from $21 to $16. Carlyle Group shares closed at $15.69 on Tuesday. RBC Capital downgraded Jarden Corp (NYSE: JAH) from Top Pick to Sector Perform. Jarden shares closed at $55.69 on Tuesday.Analysts at KeyBanc downgraded Mid-America Apartment Communities Inc (NYSE: MAA) from Overweight to Sector Weight. Mid-America Apartment Communities shares closed at $90.04 on Tuesday.Analysts at SunTrust Robinson Humphrey downgraded Cabelas Inc

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(NYSE: CAB) from Buy to Neutral. Cabela's shares closed at $47.92 on Tuesday.Argus Research downgraded Nabors Industries Ltd. (NYSE: NBR) from Buy to Hold. Nabors Industries shares closed at $9.06 on Tuesday.JP Morgan downgraded General Dynamics Corporation (NYSE: GD) from Overweight to Neutral. The price target for General Dynamics has been lowered from $170 to $157. General Dynamics shares closed at $137.99 on Tuesday.Analysts at SunTrust Robinson Humphrey downgraded Heartland Payment Systems, Inc. (NYSE: HPY) from Buy to Neutral. The price target for Heartland Payment Systems has been raised from $86 to $100. Heartland Payment Systems shares closed at $85.16 on Tuesday.Analysts at Longbow Research downgraded Kennametal Inc. (NYSE: KMT) from Neutral to Underperform. Kennametal shares closed at $20.71 on Tuesday.Analysts at William Blair downgraded Dover Corp (NYSE: DOV) from Outperform to Market Perform. The price target for Dover has been lowered from $71 to $66. Dover shares closed at $62.10 on Tuesday.

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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