– Anheuser-Busch InBev jumped 4.2% in the premarket after a double upgrade from J.P. Morgan Securities, which raised the beer brewer's stock to "overweight" from "underweight." The firm now sees the potential for earnings outperformance while also noting a rapidly improving balance sheet.
– The solar company's stock fell 2.6% in the premarket following a downgrade by J.P. Morgan to "neutral" from "overweight." J.P. Morgan's call notes the stock's outperformance since the announcement of the Inflation Reduction Act, which provided additional incentives for alternative energy.
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