AIG (NYSE:AIG) Cut to Market Perform at FBR, according to 24/7 Wall St. The financial website also reported VMware (NYSE:VMW) Started as Underperform at Bernstein and Polo Ralph Lauren (NYSE:RL) Raised to Outperform at Morgan Keegan.

Credit Suisse downgraded Avon (NYSE:AVP) to Neutral from Outperform, according to Brieifing.com. The news service also reports that Jefferies downgrade UTStarcom (NASDAQ:UTSI) to Underperform from Hold.

Douglas A. McIntyre