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 Bank of America downgraded Western Digital Corp (NASDAQ: WDC) from Neutral to Underperform. Western Digital shares declined 2.23 percent to $35.55 in pre-market trading.Stifel Nicolaus downgraded Lockheed Martin Corporation (NYSE: LMT) from Buy to Hold. Lockheed Martin shares fell 0.96 percent to $242.58 in pre-market trading.JP Morgan downgraded ConforMIS Inc (NASDAQ: CFMS) from Overweight to Neutral. The target price for ConforMIS has been lowered from $18 to $8. ConforMIS shares dipped 40.65 percent to $6.00 in pre-market trading.Analysts at BTIG downgraded Johnson & Johnson (NYSE: JNJ) from Buy to Neutral. Johnson & Johnson shares rose 0.02 percent to close at $114.25 on Thursday.Analysts at DA Davidson downgraded B&G Foods, Inc. (NYSE: BGS) from Buy to Neutral. B&G Foods shares closed at $43.98 on Thursday.Morgan Stanley downgraded AppFolio Inc (NASDAQ: APPF) from Overweight to Equal-Weight. The target price for AppFolio has been lowered from $18 to $15. AppFolio shares gained 0.32 percent to close at $12.52 on Thursday.BB&T Capital downgraded Deckers Outdoor Corp (NYSE: DECK) from Hold to Underweight. Deckers Outdoor shares closed at $53.27 on Thursday.Wells Fargo downgraded Comerica Incorporated (NYSE: CMA) from Market Perform to Underperform. Comerica shares slipped 0.79 percent to close at $42.69 on Thursday.

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.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: DowngradesAnalyst RatingsAerospace & DefenseIndustrialsTop Downgrades