UBS downgraded Nokia (NYSE: NOK) from "buy" to "neutral," according to Briefing.com. The news service also reports Lehman initiated Garmin (NASDAQ:GRMN) as "equal weight."
Cisco Systems (NASDAQ: CSCO) started as "buy" at Lazard, according to 24/7 Wall St. The financial website also reports that Gap Inc (NYSE:GPS) was cut to "equalweight" from "overweight."
Douglas A. McIntyre is an editor at 247wallst.com.
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