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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  • Stephens & Co. downgraded Fifth Third Bancorp (NASDAQ: FITB) from Overweight to Equal-weight. Fifth Third Bancorp shares declined 0.78 percent to $20.31 in pre-market trading.
  • Dougherty & Co. downgraded InterDigital, Inc. (NASDAQ: IDCC) from Buy to Neutral. InterDigital shares slipped 0.37 percent to $77.79 in pre-market trading.
  • Credit Suisse downgraded Bank of Montreal (USA) (NYSE: BMO) from Neutral to Underperform. Bank of Montreal shares declined 2.37 percent to close at $63.90 on Tuesday.
  • DA Davidson downgraded A10 Networks Inc (NYSE: ATEN) from Buy to Neutral. A10 Networks shares declined 2.54 percent to $10.37 in pre-market trading.
  • Analysts at BTIG Research downgraded Genworth Financial Inc (NYSE: GNW) from Buy to Neutral. Genworth Financial shares fell 1.97 percent to $4.97 in pre-market trading.
  • Analysts at Raymond James downgraded Gigamon Inc (NYSE: GIMO) from Outperform to Market Perform. Gigamon shares fell 4.23 percent to $52.80 in pre-market trading.
  • Roth Capital downgraded Iradimed Corp (NASDAQ: IRMD) from Buy to Neutral. iRadimed shares fell 36.68 percent to close at $10.77 on Tuesday.
  • Analysts at Stephens & Co. downgraded Trinity Biotech plc (ADR) (NASDAQ: TRIB) from Overweight to Equal-weight. Trinity Biotech shares fell 0.15 percent to $6.45 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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