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 Guggenheim Securities downgraded Wells Fargo & Co

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(NYSE: WFC) from Buy to Neutral. Wells Fargo shares closed at $47.53 on Tuesday.Deutsche Bank downgraded Baker Hughes Incorporated (NYSE: BHI) from Buy to Hold. Baker Hughes shares closed at $39.38 on Tuesday.Mizuho Securities downgraded Allergan plc Ordinary Shares (NYSE: AGN) from Buy to Neutral. Allergan shares closed at $236.03 on Tuesday.Stifel Nicolaus downgraded Mattel, Inc. (NASDAQ: MAT) from Buy to Hold. Mattel shares closed at $33.08 on Tuesday.Analysts at Goldman Sachs downgraded Greenhill & Co., Inc.

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(NYSE: GHL) from Buy to Neutral. The target price for Greenhill has been raised from $33 to $25. Greenhill shares closed at $19.91 on Tuesday.Analysts at Bank of America downgraded Hibbett Sports, Inc. (NASDAQ: HIBB) from Neutral to Underperform. Hibbett Sports shares closed at $35.94 on Tuesday.Analysts at Sterne Agee CRT downgraded Fifth Third Bancorp (NASDAQ: FITB) from Buy to Neutral. Fifth Third Bancorp shares closed at $16.44 on Tuesday.Analysts at Ladenburg Thalmann downgraded Silicon Motion Technology Corp. (ADR) (NASDAQ: SIMO) from Buy to Neutral. Silicon Motion Technology shares closed at $36.90 on Tuesday.Analysts at Citigroup downgraded Cogent Communications Holdings Inc (NASDAQ: CCOI) from Buy to Neutral. The target price for Cogent Communications has been raised to $40. Cogent Communications shares closed at $38.77 on Tuesday.Argus Research downgraded Duke Energy Corp (NYSE: DUK) from Buy to Hold. Duke Energy shares closed at $79.90 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.


Posted In: DowngradesAnalyst RatingsConsumer DiscretionaryLeisure ProductsTop Downgrades