Benzinga's Top Downgrades

Analysts at Wunderlich downgraded First Horizon National FHN from “buy” to “hold.” The target price for First Horizon National has been lowered from $13 to $11. First Horizon National's shares closed at $11.31 yesterday. JP Morgan downgraded Model N MODN from “overweight” to “neutral.” Novo The target price for Model N has been lowered from $25 to $11. Model N's shares closed at $14.73 yesterday. William Blair downgraded Molex MOLX from “outperform” to “perform.” Molex's shares closed at $38.63 yesterday. Analysts at Goldman Sachs downgraded Calix CALX from “neutral” to “sell.” The target price for Calix has been raised from $1 to $12. Calix's shares closed at $13.90 yesterday.