Coach (COH) (PX) (QRE) (RDEN) (CNP) (CPX) Downgraded

Coach (NYSE: COH), Praxair, Inc. (NYSE: PX), QR Energy LP (NYSE: QRE), Elizabeth Arden, Inc. (NASDAQ: RDEN), CenterPoint Energy, Inc. (NYSE: CNP) and Complete Production Services Inc. (NYSE: CPX) were downgraded by analysts.

Coach (COH) was downgraded by Morgan Stanley (NYSE:MS) from an “Overweight” rating to an “Equal Weight” rating. They have a price target of $71.00 on the company. They cited valuation as the catalyst behind the call.

Praxair, Inc. (NYSE: PX) was downgraded by Bank of America (NYSE:BAC) from a “Buy” rating to an “Underperform” rating. They have a price target of $110.00 on the company. They cited valuation as the catalyst behind the call.

QR Energy LP (QRE) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $22.00 on the company.

Elizabeth Arden, Inc. (RDEN) was downgraded by BMO Capital Markets from an “Outperform” rating to a “Market Perform” rating. They have a price target of $37.00 on the company.

CenterPoint Energy, Inc. (CNP) was downgraded by Bank of America from a “Buy” rating to a “Neutral” rating. They have a price target of $20.00 on the company.

Complete Production Services Inc. (CPX) was downgraded by Canaccord Genuity from a “Buy” rating to a “Hold” rating. They have a price target of $33.00 on the company.