Sprint (S) (CPHD) (PXD) (CFNL) (SFSF) (CVE) Downgraded

Sprint Nextel (NYSE: S), Cepheid (NASDAQ: CPHD), Pioneer Natural Resources (NYSE: PXD), Cardinal Financial Co. (NASDAQ: CFNL), SuccessFactors, Inc. (NASDAQ: SFSF) and Cenovus Energy Inc. (NYSE: CVE) were downgraded by analysts.

Sprint Nextel (S) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Overweight” rating to a “Neutral” rating.

Cepheid (CPHD) was downgraded by Raymond James (NYSE:RJF) from an “Outperform” rating to a “Market Perform” rating.

Pioneer Natural Resources (PXD) was downgraded by Barclays Capital from an “Overweight” rating to an “Equal Weight” rating.

Cardinal Financial Co. (CFNL) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $10.00 on the company, down from $12.00.

SuccessFactors, Inc. (NASDAQ: SFSF) was downgraded by BMO Capital Markets from an “Outperform” rating to a “Market Perform” rating. They have a price target of $26.00 on the company, down from $35.00.

Cenovus Energy Inc. (CVE) was downgraded by Barclays Capital from an “Overweight” rating to an “Equal Weight” rating.