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.


 

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  • Argus Research downgraded Southwest Airlines Co (NYSE: LUV) from Buy to Hold. Southwest Airlines shares declined 0.21 percent to $37.75 in pre-market trading.
  • Deutsche Bank downgraded Tableau Software Inc (NYSE: DATA) from Buy to Hold. Tableau Software shares declined 2.44 percent to $55.67 in pre-market trading.
  • Analysts at Piper Jaffray downgraded Deere & Company (NYSE: DE) from Neutral to Underweight. Deere shares declined 1.40 percent to $79.00 in pre-market trading.
  • Wedbush downgraded Outerwall Inc (NASDAQ: OUTR) from Buy to Neutral. Outerwall shares dropped 2.79 percent to $45.60 in pre-market trading.
  • Analysts at Citigroup downgraded Chicago Bridge & Iron Company N.V. (NYSE: CBI) from Buy to Neutral. The price target for Chicago Bridge & Iron has been lowered from $48 to $38. Chicago Bridge & Iron shares fell 7.20 percent to close at $35.96 on Friday.
  • Analysts at Raymond James downgraded FLIR Systems, Inc. (NASDAQ: FLIR) from Strong Buy to Outperform. FLIR Systems shares declined 1.02 percent to $32.89 in pre-market trading.
  • SunTrust Robinson Humphrey downgraded Extra Space Storage, Inc. (NYSE: EXR) from Buy to Neutral. Extra Space Storage shares rose 0.79 percent to close at $93.62 on Friday.
  • Susquehanna downgraded Trinity Industries Inc (NYSE: TRN) from Positive to Neutral. Trinity Industries shares gained 4.67 percent to close at $21.96 on Friday.
  • RBC Capital downgraded Ameriprise Financial, Inc. (NYSE: AMP) from Outperform to Sector Perform. Ameriprise Financial shares rose 0.86 percent to close at $97.08 on Friday.
  • Analysts at Berenberg downgraded Nucor Corporation (NYSE: NUE) from Buy to Hold. Nucor shares gained 0.76 percent to close at $52.72 on Friday.

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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