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 Citigroup downgraded Gap Inc (NYSE: GPS) from Neutral to Sell. Gap shares fell 7.4 percent to $28.44 in pre-market trading.
  • RBC Capital downgraded Western Refining, Inc. (NYSE: WNR) from Outperform to Sector Perform. Western Refining shares gained 23.11 percent to close at $37.55 on Thursday.
  • Macquarie downgraded Citigroup Inc (NYSE: C) from Outperform to Neutral. Citigroup shares rose 0.25 percent to $55.59 in pre-market trading.
  • Avondale Partners downgraded Quanta Services Inc (NYSE: PWR) from Market Outperform to Market Perform. Quanta Services shares rose 0.06 percent to close at $32.25 on Thursday.
  • JMP Securities downgraded Evercore Partners Inc. (NYSE: EVR) from Market Outperform to Market Perform. Evercore Partners shares rose 1.39 percent to close at $65.50 on Thursday.
  • Analysts at Hovde Group downgraded Signature Bank (NASDAQ: SBNY) from Market Perform to Underperform. Signature Bank shares rose 1.18 percent to close at $148.75 on Thursday.
  • KeyBanc downgraded Papa John's Int'l, Inc. (NASDAQ: PZZA) from Overweight to Sector Weight. Papa John's shares fell 1.31 percent to $85.78 in pre-market trading.
  • Analysts at Credit Suisse downgraded Capella Education Company (NASDAQ: CPLA) from Outperform to Neutral. Capella Education shares dropped 1.67 percent to close at $85.35 on Thursday.
  • BMO Capital downgraded Regional Management Corp (NYSE: RM) from Outperform to Market Perform. Regional Management shares fell 0.08 percent to close at $24.78 on Thursday.
  • Analysts at Citigroup downgraded Spirit Airlines Incorporated (NASDAQ: SAVE) from Buy to Neutral. Spirit Airlines shares rose 1.05 percent to close at $53.87 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