This report was sent to Briefing.com subscribers earlier today.
Upgrades:
> Meritage (MTH) upgraded to Overweight from Neutral at JP Morgan; tgt $129
> Vir Biotechnology (VIR) upgraded to Overweight from Neutral at JP Morgan; tgt lowered to $34
Downgrades:
> Allbirds (BIRD) downgraded to Neutral from Outperform at Wedbush; tgt $3
> KB Home (KBH) downgraded to Underweight from Overweight at JP Morgan; tgt lowered to $32.50
> Silvergate Capital (SI) downgraded to Underperform from Neutral at Wedbush; tgt lowered to $4
> Wendy’s (WEN) downgraded to Neutral from Buy at Northcoast
Others:
> Apple (AAPL) initiated with a Buy at Goldman; tgt $199
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