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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  • Analysts at Goldman Sachs downgraded CNO Financial Group Inc (NYSE: CNO) from Buy to Neutral. The price target for CNO Financial has been lowered from $21 to $17. CNO Financial shares fell 3.92 percent to $14.94 in pre-market trading.
  • Analysts at Piper Jaffray downgraded Alcobra Ltd (NASDAQ: ADHD) from Overweight to Neutral. Alcobra shares fell 2.59 percent to $2.44 in pre-market trading.
  • Johnson Rice downgraded Stein Mart, Inc. (NASDAQ: SMRT) from Buy to Hold. Stein Mart shares dropped 16.45 percent to close at $6.30 on Thursday.
  • Analysts at Raymond James downgraded Knoll Inc (NYSE: KNL) from Outperform to Market Perform. Knoll shares fell 0.17 percent to close at $23.00 on Thursday.
  • First Analysis downgraded CalAmp Corp. (NASDAQ: CAMP) from Overweight to Equal-weight. CalAmp shares fell 10.85 percent to $14.63 in pre-market trading.
  • BMO Capital downgraded NewMarket Corporation (NYSE: NEU) from Outperform to Market Perform. NewMarket shares declined 1.02 percent to close at $420.09 on Thursday.
  • Jefferies downgraded Core-Mark Holding Company, Inc. (NASDAQ: CORE) from Buy to Hold. Core-Mark shares gained 0.57 percent to close at $36.85 on Thursday.

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.


Posted In: DowngradesAnalyst RatingsTop Downgrades