Sprint (S) (RBCN) (SNSS) (SQNS) Downgraded

Sprint Nextel (NYSE: S), Rubicon Technology, Inc. (NASDAQ: RBCN), Sunesis Pharmaceuticals, Inc. (NASDAQ: SNSS) and Sequans Communications (NASDAQ: SQNS) were downgraded by analysts.

Sprint Nextel (S) was downgraded by Argus from a “Buy” rating to a “Hold” rating.

Rubicon Technology, Inc. (RBCN) was downgraded by Piper Jaffray (NYSE:PJC) from a “Neutral” rating to an “Underweight” rating. They have a price target of $7.00 on the company.

Sunesis Pharmaceuticals, Inc. (SNSS) was downgraded by RBC Capital from an “Outperform” rating to a “Sector Perform” rating. They have a price target of $3.00 on the company, down from $4.00.

Sequans Communications (SQNS) was downgraded by Chardan Capital Markets to a “Sell” rating.