Morning Brief Hosts Seana Smith and Brad Smith dive into analyst calls moving stocks on Wednesday morning.

Loop Capital upgrades home improvement retailers Home Depot (HD) and Lowe's (LOW) to Buy from Hold. The analyst behind the callays s the demand for home improvement remains robust, while the recent slew of hurricanes and extreme weather events would only be a momentary detractor.

Jefferies upgrades Southwest Airlines (LUV) to Hold from Underperform, saying that the airline operator is taking the right steps to reach profitability.

Finally, TD Cowen initiates coverage on Chewy (CHWY), giving the pet supplies company a Buy rating and a $38 per share price target.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Melanie Riehl