Notable Analyst Stock Downgrades (PX, SHW, WTNY)

Goldman Sachs today downgraded Praxair Inc. (NYSE: PX) from But to Neutral rating.

Following the downgrade, shares of Praxair Inc. fell in trading today. The stock opened at $81.33 and touched an intra-day low of $81.06. It was down 0.86% to $82.77, at last check, on volume of 1.09 million.

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The Praxair Inc. stock has a 52-week range of $70.04-$89. It has a 50-day moving average of $78.49 and a 200-day moving average of $79.85. The support level for the stock is at $80.25, while the resistance level is at $85.89.

Praxair Inc. is a supplier of industrial gas in North and South America. The company is based in Danbury, Connecticut.

Goldman Sachs today downgraded Sherwin-William Company (NYSE: SHW) from Neutral to Sell.

Following the rating downgrade, shares of Sherwin-William Company fell in trading today. The stock opened at $70.53 and touched an intra-day low of $70-.50. It was down 2.98% to $71.04, at last check, on volume of 837,841.

The Sherwin-William Company stock has a 52-week range of $52-$80.53. It has a 50-day moving average of $75.03 and a 200-day moving average of $66.17. The support level for the stock is at $71.40, while the resistance level is at $74.97.

Cleveland, Ohio-based Sherwin-William Company is a developer, manufacturer, distributor and seller of paint coatings.

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Wunderlich Securities today downgraded Whitney Holding Corp. (NASDAQ: WTNY) from Buy to Hold rating. The price target for the Whitney Holding Corp. stock has been lowered from $16 to $10.

Following the rating downgrade, shares of Whitney Holding Corp. plummeted in trading today. The stock opened at $9.01 and touched an intra-day low of $8.46. It was down 14.64% to $8.51, at last check, on above average volume of 3.25 million.

The Whitney Holding Corp. stock has a 52-week range of $7.78-$15.29. It has a 50-day moving average of $10.86 and a 200-day moving average of $10.96. The support level for the stock is at $9.33, while the resistance level is at $10.13.

Whitney Holding Corp. is a New Orleans, Louisiana-based bank holding company. 

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