QR Energy (QRE -1.6%) slips on a downgrade to Market Perform at Wells Fargo this morning, saying...

|About: QR Energy, LP (QRE)|By:, SA News Editor

QR Energy (QRE -1.6%) slips on a downgrade to Market Perform at Wells Fargo this morning, saying that distribution growth may prove "challenging" going forward due to higher G&A and interest expenses. The firm cuts its price target range to $17 - $19 from $19 - $21.