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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  • Credit Suisse downgraded Time Warner Inc (NYSE: TWX) from Outperform to Neutral. Time Warner shares fell 0.98 percent to $88.60 in pre-market trading.
  • Barclays downgraded Actuant Corporation (NYSE: ATU) from Equal-Weight to Underweight. Actuant shares fell 1.56 percent to $22.15 in pre-market trading.
  • Investec downgraded Royal Bank of Scotland Group PLC (NYSE: RBS) from Hold to Sell. Royal Bank of Scotland shares dropped 0.21 percent to $4.67 in pre-market trading.
  • Mizuho downgraded Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA) from Buy to Neutral. Teva shares fell 0.80 percent to $43.65 in pre-market trading.
  • Analysts at Morgan Stanley downgraded United Rentals, Inc. (NYSE: URI) from Overweight to Equal-Weight. The price target for United Rentals has been lowered from $85 to $81. United Rentals shares rose 0.06 percent to close at $79.18 on Friday.
  • Analysts at Wolfe Research downgraded Entergy Corporation (NYSE: ETR) from Peer Perform to Underperform. Entergy shares fell 0.46 percent to close at $74.17 on Friday.
  • Deutsche Bank downgraded Brown & Brown, Inc. (NYSE: BRO) from Buy to Hold. Brown & Brown shares rose 1.37 percent to close at $37.62 on Friday.
  • Cowen & Co. downgraded AT&T Inc. (NYSE: T) from Outperform to Market Perform. AT&T shares dropped 2.69 percent to $36.48 in pre-market trading.
  • Analysts at H.C. Wainwright downgraded Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) from Buy to Neutral. Vertex Pharmaceuticals shares fell 2.60 percent to close at $80.76 on Friday.
  • Analysts at Bank of America downgraded Electronic Arts Inc. (NASDAQ: EA) from Buy to Neutral. Electronic Arts shares fell 1.77 percent to $81.40 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.


Posted In: DowngradesAnalyst RatingsTop Downgrades