UPDATE: Wunderlich Downgrades First Horizon National on Difficult Environment, Near-Term Headwinds

In a report published Tuesday, Wunderlich Securities analyst Kevin Reynolds downgraded the rating on First Horizon National Corporation (NYSE: FHN ) from Buy to Hold, and lowered the price target from $13.00 to $11.00. In the report, Wunderlich Securities noted, “We are downgrading shares of First Horizon National Corp. (FHN)