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.


Canaccord Genuity downgraded Bank of Montreal (USA)

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(NYSE: BMO) from Buy to Hold. Bank of Montreal shares gained 2.50 percent to close at $64.79 on Wednesday.KLR Group downgraded Energen Corporation (NYSE: EGN) from Buy to Accumulate. Energen shares rose 4.32 percent to close at $47.04 on Wednesday.Analysts at KeyBanc downgraded UDR, Inc. (NYSE: UDR) from Overweight to Sector Weight. UDR shares gained 0.47 percent to close at $36.18 on Wednesday.Analysts at Janney Capital downgraded

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Axis Capital Holdings Limited (NYSE: AXS) from Buy to Neutral. Axis Capital shares rose 0.04 percent to close at $54.86 on Wednesday.Analysts at Baird downgraded Huntington Bancshares Incorporated (NASDAQ: HBAN) from Outperform to Neutral. Huntington Bancshares shares declined 0.38 percent to $10.58 in pre-market trading.Citigroup downgraded BCE Inc. (USA) (NYSE: BCE) from Buy to Neutral. BCE shares rose 0.48 percent to close at $46.51 on Wednesday.Cleveland Research downgraded Chipotle Mexican Grill, Inc. (NYSE: CMG) from Buy to Neutral. Chipotle shares dropped 1.54 percent to $451.00 in pre-market trading.

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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