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Friday, October 28, 2011

Sprint (S) (PX) (CNP) (TMO) (CA) (CMO) Downgraded

Sprint Nextel (NYSE: S), Praxair, Inc. (NYSE: PX), CenterPoint Energy, Inc. (NYSE: CNP), Thermo Fisher Scientific (NYSE: TMO), CA Tech (NYSE: CA) and Capstead Mortgage (NYSE: CMO) were downgraded by analysts.

Sprint Nextel (S) was downgraded by Gabelli from a “Buy” rating to a “Hold” rating.

Praxair, Inc. (PX) was downgraded by Bank of America (NYSE:BAC) from a “Buy” rating to an “Underperform” rating.

CenterPoint Energy, Inc. (CNP) was downgraded by Macquarie from an “Outperform” rating to a “Neutral” rating.

Thermo Fisher Scientific (TMO) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Overweight” rating to a “Neutral” rating. They have a price target of $55.00 on the company.

CA Tech (CA) was downgraded by Evercore Partners to an “Equal Weight” rating.

Capstead Mortgage (CMO) was downgraded by Wunderlich from a “Buy” rating to a “Hold” rating. They have a price target of $13.00 on the company.

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