First Solar (FSLR) (ULBI) (FTR) (GMXR) (GPS) (HS) Downgraded

First Solar, Inc. (NASDAQ: FSLR), Ultralife Corp. (NASDAQ: ULBI), Frontier Communications (NYSE: FTR), GMX Resources Inc. (NASDAQ: GMXR), The Gap Inc. (NYSE: GPS) and HealthSpring, Inc. (NYSE: HS) were downgraded by analysts.

First Solar, Inc. (FSLR) was downgraded by ThinkEquity from a “Hold” rating to a “Sell” rating. They have a price target of $41.00 on the company.

Ultralife Corp. (ULBI) was downgraded by Ardour Capital from an “Accumulate” rating to a “Hold” rating. They have a price target of $4.50 on the company, down from $5.75.

Frontier Communications (FTR) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Overweight” rating to a “Neutral” rating. They have a price target of $6.00 on the company.

GMX Resources Inc. (GMXR) was downgraded by Stifel Nicolaus from a “Hold” rating to a “Sell” rating.

The Gap Inc. (GPS) was downgraded by Standpoint Research from a “Buy” rating to a “Hold” rating.

HealthSpring, Inc. (HS) was downgraded by Citigroup (NYSE:C) from a “Buy” rating to a “Neutral” rating.