Top Analyst Upgrades and Downgrades: Adobe, Corning, Costco, GrubHub, Kroger, Micron, Shopify, SLM, Walmart, Yelp and More

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Genprex Inc. (NASDAQ: GNPX) was started as Buy and assigned a $5 price target (versus a $2.20 close) at Maxim Group.

GoDaddy Inc. (NYSE: GDDY) was started as Neutral at Wedbush. Shares closed up 1.3% at $84.00 on Thursday, in a 52-week range of $42.54 to $84.45 and with a consensus target price of $83.14

Groupon Inc. (NASDAQ: GRPN) was started as Neutral at Wedbush. Shares closed down 0.3% at $3.82 on Thursday, in a 52-week range of $3.72 to $5.99 and with a consensus target price of $5.39.

GrubHub Inc. (NYSE: GRUB) was started as Outperform and assigned a $180 price target (versus a $142.60 close) at Wedbush. It also was added to the Wedbush Best Ideas List and is a top pick in its coverage, noting that it is a $13 billion company dominating a $250 billion market that is barely penetrated today.

Kroger Co. (NYSE: KR) was maintained as Outperform but the price target was cut to $32 from $33 at Credit Suisse. This is a day after Kroger fell 9.9% after earnings. The consensus target price is $30.68.

Leaf Group Ltd. (NYSE: LEAF) was started as Outperform and assigned a $14 price target (versus a $10.10 close) at Cowen.

Micron Technology Inc. (NASDAQ: MU) was maintained as Outperform but the price target was cut to $70 from $80 at Macquarie. The consensus analyst target was $83.60, but analysts have started trimming targets more aggressively in the chip space of late.

Shopify Inc. (NYSE: SHOP) was started as Outperform and assigned a $177 price target (versus a $155.50 close) at Wedbush.

SLM Corp. (NASDAQ: SLM) was added to the Best Ideas List at Wedbush, noting that SLM will continue to build and hold market share over time in the undergraduate student loan arena. Another benefit is that its move into graduate school loans arguably will double the size of its addressable market.

Tandem Diabetes Care Inc. (NASDAQ: TNDM) was downgraded to Neutral from Outperform with a $47 price target (versus a $48.50 close) at Robert W. Baird.

Taylor Morrison Home Corp. (NYSE: TMHC) was downgraded to Underweight from Equal Weight with a $20 price target (versus a $19.48 close) at Barclays.

Valvoline Inc. (NYSE: VVV) was downgraded to Underweight from Neutral and the price target was lowered down to $20 from $22 (versus a $22.33 close) at JPMorgan.

VF Corp. (NYSE: VFC) was raised to Outperform from Market Perform with a $106 price target (versus a $91.21 close) at Cowen.

Walmart Inc. (NYSE: WMT) was started with a Neutral rating and assigned a $101 price target (versus a $94.18 close) at Goldman Sachs. The consensus target price is $104.01.

Yelp Inc. (NYSE: YELP) was added to the Best Ideas List at Wedbush, as the firm believes the business model changes being implemented will help accelerate growth that is not currently reflected in investor sentiment or valuation.

Zillow Group Inc. (NASDAQ: Z) was started as Neutral at Wedbush. Shares closed down 2% at $46.60 on Thursday, in a 52-week range of $38.25 to $65.70 and with a consensus target price of $51.60.

Thursday’s top analyst calls were in shares of American Superconductor, Galapagos, Humana, Intel, Philips Electronics, Pinduoduo, Qualcomm, Wayfair and many more.