— Western Digital and Micron were upgraded to "outperform" and "neutral," respectively, by a Baird analyst. Memory chip "pricing positive outlooks remain unchanged for the year, despite current demand weakness in smartphones and PCs," according to the analyst.
— A Piper Sandler analyst upgraded JPMorgan Chase to "overweight" from "neutral," calling the stock a "relative winner in any macro-environment." The analyst also said that after a "significant market selloff, we believe [JPMorgan] is poised to be a relative outperformer whether the operating environment continues to deteriorate or rebounds."
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