QEP RESOURCES (QEP) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of QEP RESOURCES (QEP) from NEUTRAL to UNDERPERFORM on July 17, 2012, with a target price of $27.70.

QEP Resources is a leading independent natural gas and oil exploration and production company. The Company's operations are focused in the Rocky Mountain and Midcontinent regions of the United States. The Company also gathers, compresses, treats, and processes natural gas. QEP Resources, Inc. is based in Denver, Colorado.

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