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.


 

  • Morgan Stanley downgraded Coach Inc (NYSE: COH) from Equal-weight to Underweight. The price target for Coach is set to $32. Coach shares fell 2.58 percent to close at $36.29 on Tuesday.
  • Exane BNP Paribas downgraded GlaxoSmithKline plc (ADR) (NYSE: GSK) from Neutral to Underperform. GlaxoSmithKline shares rose 1.34 percent to $43.08 in pre-market trading.
  • Analysts at Deutsche Bank downgraded Intersil Corp (NASDAQ: ISIL) from Buy to Hold. Intersil shares fell 0.55 percent to $21.58 in pre-market trading.
  • JP Morgan downgraded Apigee Corp (NASDAQ: APIC) from Overweight to Neutral. Apigee shares slipped 1.88 percent to close at $17.44 on Tuesday.
  • Analysts at UBS downgraded HSBC Holdings plc (ADR) (NYSE: HSBC) from Buy to Neutral. HSBC shares gained 1.11 percent to $37.37 in pre-market trading.
  • CLSA downgraded Cognizant Technology Solutions Corp (NASDAQ: CTSH) from Outperform to Underperform. Cognizant Tech shares dropped 2.48 percent to close at $55.00 on Tuesday.
  • Analysts at Raymond James downgraded Atwood Oceanics, Inc. (NYSE: ATW) from Market Perform to Underperform. Atwood Oceanics shares declined 2.50 percent to $7.01 in pre-market trading.
  • Analysts at Morgan Stanley downgraded Freeport-McMoRan Inc (NYSE: FCX) from Equal Weight to Underweight. The price target for Freeport-McMoRan has been lowered from $9 to $7. Freeport-McMoRan shares rose 0.39 percent to $10.19 in pre-market trading.
  • Exane BNP Paribas downgraded AstraZeneca plc (ADR) (NYSE: AZN) from Outperform to Neutral. AstraZeneca shares rose 0.89 percent to $33.03 in pre-market trading.

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 RatingsTop Downgrades