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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  • Macquarie downgraded First Solar, Inc. (NASDAQ: FSLR) from Outperform to Neutral. First Solar shares fell 0.61 percent to $29.48 in pre-market trading.
  • Analysts at BMO Capital downgraded CBS Corporation (NYSE: CBS) from Outperform to Market Perform. CBS shares rose 1.06 percent to close at $60.93 on Tuesday.
  • Credit Suisse downgraded McKesson Corporation (NYSE: MCK) from Neutral to Underperform. McKesson shares fell 1.95 percent to $138.58 in pre-market trading.
  • Bernstein downgraded Norwegian Cruise Line Holdings Ltd (NASDAQ: NCLH) from Outperform to Market Perform. Norwegian Cruise Line shares dropped 1.19 percent to $39.77 in pre-market trading.
  • Analysts at Wells Fargo downgraded PAREXEL International Corporation (NASDAQ: PRXL) from Outperform to Market Perform. Parexel shares rose 1.83 percent to close at $58.56 on Tuesday.
  • Wunderlich downgraded Urban Outfitters, Inc. (NASDAQ: URBN) from Buy to Hold. Urban Outfitters shares fell 9.61 percent to $35.26 in pre-market trading.
  • Analysts at William Blair downgraded Cognizant Technology Solutions Corp (NASDAQ: CTSH) from Outperform to Market Perform. Cognizant shares dropped 0.98 percent to $52.66 in pre-market trading.
  • Bank of America downgraded AvalonBay Communities Inc (NYSE: AVB) from Buy to Neutral. AvalonBay Communities shares rose 1.66 percent to close at $162.40 on Tuesday.
  • Deutsche Bank downgraded Abercrombie & Fitch Co. (NYSE: ANF) from Hold to Sell. Abercrombie & Fitch shares fell 1.74 percent to $15.22 in pre-market trading.
  • Analysts at Stifel Nicolaus downgraded Headwaters Inc (NYSE: HW) from Buy to Hold. Headwaters shares dropped 0.26 percent to $23.46 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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