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Top Analyst Upgrades and Downgrades: Cisco, Dollar General, NetApp, Pandora, P&G, Target and More

Capitala Finance Corp. (NASDAQ: CPTA) was downgraded to Hold from Buy and the price target was cut to $8 from $14 (versus a $7.66 close) at Jefferies, noting a lack of upside due to headwinds and few near-term catalysts.

Chesapeake Lodging Trust (NYSE: CHSP) was downgraded to Underweight from Neutral at JPMorgan.

Diebold Nixdorf Inc. (NYSE: DBD) was raised to Overweight from Neutral with a $24 target price (versus a $16.15 close) at JPMorgan.

DSW Inc. (NYSE: DSW) was raised to Positive from Neutral and the price target was raised to $23 from $21 at Susquehanna.

Exxon Mobil Corp. (NYSE: XOM) was maintained as Sector Perform but the target price was cut to $85 from $90 at RBC Capital Markets.

Hawaiian Holdings (NYSE: HA) was raised to Buy from Neutral with a $46 target price (versus a $37.20 close) at Buckingham Research.

Intuit Inc. (NASDAQ: INTU) was maintained as Sector Perform but the target price was raised to $160 from $141 at RBC Capital Markets.

Nomad Foods Ltd. (NYSE: NOMD) was started as Buy with an $18 price target at Berenberg.

PTC Therapeutics Inc. (NASDAQ: PTCT) was raised to Neutral from Underweight with a $15 price target (versus a $15.14 close) at JPMorgan.

Sally Beauty Holdings Inc. (NYSE: SBH) was downgraded to Neutral from Buy at D.A. Davidson. Its price target was cut to $16 from $21 at BMO Capital Markets and to $18 from $24 at Cowen.

Semiconductor Manufacturing International Corp. (NYSE: SMI) was down over 8.6% at $7.22 on Wednesday, and Jefferies has downgraded its rating to Hold from Buy. HSBC also cut its rating to Reduce after the drop.

Stryker Corp. (NYSE: SYK) was raised to Outperform from Neutral with a $173 price target (versus a $154.80 close) at Robert W. Baird.

Verifone Systems Inc. (NYSE: PAY) was downgraded to Outperform from Strong Buy at Raymond James.

Wednesday’s top analyst calls were in Advance Auto Parts, Cardinal Health, Dick’s Sporting Goods, Home Depot, Lam Research, Snap, Walmart and many more.

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