RE-OPENING PLAY: Northcoast analyst John Healy upgraded Lyft ($LYFT) to Buy from Neutral with a $65 price target. The analyst sees Lyft as a "re-opening play" and maintains a favorable view on its pure-play status in mobility and presence in North America. Further, Healy sees an attractive entry point in the stock with shares up only 5% year-to-date due to some near-term items associated with driver supply and the pace of pandemic reemergence. 'WINTER IS COMING' IN MEMORY: Morgan Stanley analyst Joseph Moore downgraded Micron ($MU) to Equal Weight from Overweight with a price target of $75, down from $105, in a team note on the Global Semiconductor industry titled "Memory - Winter Is Coming." While acknowledging it is difficult to predict cyclical turns, Moore and his team contend that DRAM conditions "are losing steam" and note that their "inflection signposts suggest caution from here." While he has been "impressed" by the structural improvements at Micron, and admits August quarter results should still have upside, Moore expects the stock to be "effectively range bound" in an environment where DRAM prices start to decline. BUY WENDY'S: Evercore ISI analyst David Palmer upgraded Wendy's ($WEN) to Outperform from In Line with a price target of $27, up from $24, following higher same-store sales and better company-operated margins. The analyst now anticipates an acceleration to 3% and 5%-plus annual unit growth over the next 1- to 3-years, thanks to new franchisee incentives, an agreement with REEF Kitchens, and a structurally healthier franchisee base. Palmer characterizes business momentum and profitability as "slightly higher" than estimates. ON THE SIDELINES: Credit Suisse analyst Robert Spingarn reinstated coverage of Virgin Galactic ($SPCE) with a Neutral rating and $30 price target, down from Outperform and $33, respectively, following restriction related to a recent equity offering. The company has made "significant progress" with two rocket-powered test flights since his last report, but his prior Outperform rating was predicated upon catalysts such as the Branson flight and the start of commercial operations. With the former completed and the latter delayed due to an extended maintenance and enhancement period, he views the "catalyst path in the next 12 months" as "less robust." RETURN TO PROFITABLE GROWTH: B. Riley analyst Susan Anderson initiated coverage of Victoria's Secret ($VSCO) with a Buy rating and $87 price target. Given management initiatives implemented before and during the pandemic, she thinks the "stage has been set for Victoria's Secret to return to profitable growth."Disclosure: I may trade in the ticker symbols mentioned, both long or short. My articles represent my personal opinion and analysis and should not be taken as investment advice. Readers should do their own research before making decisions to buy or sell securities. Trading and investing include risks, including loss of principal. If you liked this article, please click the LIKE (thumbs up) button. Feel free to leave any comments, question, or opinions. (Sign-up if you haven't already done so). Follow us/bookmark us and check back occasionally for additional articles or comments on our page... Wild Tiger Trading - start/main page. .