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Top Analyst Upgrades and Downgrades: Alibaba, Apple, AT&T, Baidu, Chevron, Cisco, Expedia, Goldman Sachs, Kroger, Micron, Nike, P&G, Square, Walmart and More

Dover Corp. (NYSE: DOV) was raised to Buy from Neutral but the target price was lowered to $98 from $119 (versus an $80.59 close, after a 7.8% gain) at Goldman Sachs.

EverQuote Inc. (NASDAQ: EVER) was maintained as Buy but the target price was trimmed to $45 from $50 at Stephens.

Expedia Inc. (NASDAQ: EXPE) was downgraded to Sell from Neutral and the target price was slashed to $50 from $126 (versus a $65.89 close, after a 10.9% jump up) at Goldman Sachs.

Goldman Sachs Group Inc. (NYSE: GS) was raised to Hold from Sell and its target price was cut to $160 from $190 (versus a $155.13 close) at Berenberg.

Green Dot Corp. (NYSE: GDOT) was maintained as Buy but the target was lowered to $40 (versus a $23.83 close) at SunTrust Robinson Humphrey.

Hormel Foods Corp. (NYSE: HRL) was raised to Neutral from Sell but the target price was raised to $45 from $35 (versus a $41.94 close) at Goldman Sachs.

Kroger Co. (NYSE: KR) was started as Underperform with a $28 target price at BNP Paribas. The stock closed down over 7% at $27.94 on Wednesday, with a $34.22 consensus target price.

Micron Technology Inc. (NASDAQ: MU) was down about 1.8% ahead of earnings on Wednesday, and the post-earnings and in-line guidance reaction had shares up over 3.5% at $44.00. Wedbush maintained its Outperform rating and a $51 target price, noting that favorable pricing is meeting uncertainty around demand. Mizuho maintained its Buy rating but trimmed its target price to $60 from $65. Credit Suisse reiterated its Outperform rating, and it still has that super-high $90 target price. The stock was maintained as Strong Buy at Raymond James but the firm trimmed its target price to $60 from $70.

Nike Inc. (NYSE: NKE) was reiterated as Buy at Argus, and the firm maintained its $115 target price. Nike stock previously closed at $79.01, and that was after big gains ahead of and after earnings.

Olin Corp. (NYSE: OLN) was downgraded to Underperform from Sector Perform, and its target price was cut to $7 from $9 (versus an $11.78 close, after a 14% gain) at RBC Capital Markets.

Procter & Gamble Co. (NYSE: PG) was raised to Buy from Hold with a $120 target price at Argus, but the firm gave a discounted free cash flow model valuation of approximately $125 to $130 at the same time.

ServiceNow Inc. (NYSE: NOW) was raised to Buy from Neutral with a $325 target price (versus a $264.67 close, after a 2.7% drop) at Mizuho.

Square Inc. (NYSE: SQ) was maintained as Buy but the target price was lowered to $80 from $94 (versus a $52.39 close) at Argus, with the firm noting that payment volumes remain weak in the first half of the year.

Trade Desk Inc. (NASDAQ: TTD) was maintained as Overweight but its target price was cut to $255 from $310.

Union Pacific Corp. (NYSE: UNP) was started with an Outperform rating and a $174 target price at Evercore ISI. Shares closed up 3% at $132.91 ahead of the call, with a $186.67 consensus target price.

Walmart Inc. (NYSE: WMT) was started as Underperform with a $98 target price at BNP Paribas. Walmart closed down 4.9% at $109.40 on Wednesday, and it had a $129.82 consensus target price.

WW International Inc. (NASDAQ: WW) was downgraded to Neutral from Buy and the target price was slashed to $18 from $48 (versus a $17.16 close) at Goldman Sachs.

Wednesday’s top analyst upgrades and downgrades included Apple, CenturyLink, Charles Schwab, Coca-Cola, Dow, Facebook, Gilead Sciences, Intel, Medtronic, Square, TJX, Under Armour and many more.