Vertex (VRTX) (ITW) (LXU) (NKA) (NVS) (OVTI) Downgraded

Vertex Pharmaceuticals (NASDAQ: VRTX), Illinois Tool Works Inc. (NYSE: ITW), LSB Industries, Inc. (NYSE: LXU), Niska Gas Storage (NYSE: NKA), Novartis (NYSE: NVS) and OmniVision Technologies, Inc. (NASDAQ: OVTI) were downgraded by analysts.

Vertex Pharmaceuticals (VRTX) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $33.00 on the company, down from $62.00.

Illinois Tool Works Inc. (ITW) was downgraded by Citigroup (NYSE:C) from a “Buy” rating to a “Neutral” rating. They have a price target of $52.00 on the company.

LSB Industries, Inc. (LXU) was downgraded by Northland Securities from an “Outperform” rating to a “Market Perform” rating. They have a price target of $40.00 on the company, down from $43.00.

Niska Gas Storage (NKA) was downgraded by Barclays Capital from an “Equal Weight” rating to an “Underweight” rating.

Novartis (NVS) was downgraded by Collins Stewart from a “Buy” rating to a “Hold” rating.

OmniVision Technologies, Inc. (OVTI) was downgraded by Wedbush from an “Outperform” rating to a “Neutral” rating. They have a price target of $14.00 on the company.