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 Phillips 66

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!

(NYSE: PSX) from Overweight to Equal-weight. Phillips 66 shares gained 0.01 percent to $79.44 in pre-market trading.RBC Capital downgraded LTC Properties Inc (NYSE: LTC) from Outperform to Sector Perform. LTC Properties shares declined 0.84 percent to $49.47 in pre-market trading.Analysts at Oppenheimer downgraded Envision Healthcare Holdings Inc (NYSE: EVHC) from Outperform to Perform. Envision Healthcare shares dropped 4.03 percent to $24.77 in pre-market trading.Barclays downgraded

Want Private Access to Benzinga Analyst?

Check out the latest strategies our team of experts are using every week so that you can always adapt to the market like the pros!—Get FULL Access to This Week's Webinar Here.

Talen Energy Corp

(NYSE: TLN) from Overweight to Equal-weight. Talen Energy shares declined 0.37 percent to close at $13.60 on Thursday.Analysts at Argus Research downgraded ONEOK, Inc. (NYSE: OKE) from Buy to Hold. ONEOK shares declined 0.27 percent to close at $44.90 on Thursday.Brean Capital downgraded LDR Holding Corp (NASDAQ: LDRH) from Buy to Hold. LDR Holding shares closed at $37.02 on Thursday.Analysts at Morgan Stanley downgraded HollyFrontier Corp (NYSE: HFC) from Equal-weight to Underweight. HollyFrontier shares declined 1.01 percent to $24.51 in pre-market trading.