Novartis (NVS) (DGIT) (NIHD) (FDX) (FHN) (IPI) (LUV) Downgraded

Novartis (NYSE: NVS), DG FastChannel Inc. (NASDAQ: DGIT), NII Holdings (NASDAQ: NIHD), FedEx (NYSE: FDX), First Horizon National Co. (NYSE: FHN), Intrepid Potash, Inc. (NYSE: IPI) and Southwest Airlines Co. (NYSE: LUV) downgraded by analysts.

Novartis (NVS) was downgraded by Bank of America (NYSE:BAC) from a “Buy” rating to a “Neutral” rating.

DG FastChannel Inc. (DGIT) was downgraded by Piper Jaffray (NYSE:PJC) from an “Overweight” rating to a “Neutral” rating.

NII Holdings (NIHD) was downgraded by Morgan Stanley (NYSE:MS) from an “Overweight” rating to an “Equal Weight” rating.

FedEx (FDX) was downgraded by Bank of America from a “Buy” rating to a “Neutral” rating.

First Horizon National Co. (NYSE: FHN) was downgraded by analysts at Sterne Agee from a “neutral” rating to an “underperform” rating.

Intrepid Potash, Inc. (IPI) was downgraded by Goldman Sachs (NYSE:GS) to a “Sell” rating.

Southwest Airlines Co. (LUV) was downgraded by Raymond James (NYSE:RJF) from an “Outperform” rating to a “Market Perform” rating.