Arete Research Stock Recommendations and Price Targets

This is a list of recent ratings by Arete Research.

Date	Company Name	Action	Current Price	Price Target	Rating
10/21/2026	FTNT Fortinet	Downgrade	$136.00	$117.00	Buy ➝ Sell
10/20/2026	TKO TKO Group	Upgrade	$181.00	$208.00	Neutral ➝ Buy
10/16/2026	QCOM Qualcomm	Upgrade	$165.00		Strong-Buy
10/16/2026	MRVL Marvell Technology	Upgrade	$196.00		Strong-Buy
10/14/2026	GRMN Garmin	Initiated Coverage	$273.00	$335.00	Buy
10/1/2026	VZ Verizon Communications	Lower Price Target	$45.00	$71.00 ➝ $62.00	Buy ➝ Buy
10/1/2026	CHTR Charter Communications	Upgrade	$111.00		Strong Sell
9/24/2026	ETSY Etsy	Downgrade	$89.00	$81.00	Buy ➝ Neutral
9/24/2026	ETSY Etsy	Downgrade	$89.00	$81.00	Buy ➝ Hold
9/24/2026	EBAY eBay	Lower Price Target	$122.00	$113.00 ➝ $111.00	Neutral ➝ Neutral
9/16/2026	META Meta Platforms	Boost Price Target	$615.00	$735.00 ➝ $806.00	Buy ➝ Buy
9/10/2026	UBER Uber Technologies	Downgrade	$65.00	$74.00	Buy ➝ Neutral
9/10/2026	UBER Uber Technologies	Downgrade	$65.00	$74.00	Buy ➝ Neutral
9/9/2026	TTWO Take-Two Interactive Software	Lower Price Target	$190.00	$308.00 ➝ $295.00	Buy ➝ Buy
9/7/2026	PDD PDD	Downgrade	$79.00	$93.00	Buy ➝ Neutral
9/7/2026	SE SEA	Upgrade	$74.00	$152.00	Neutral ➝ Buy
9/7/2026	BIDU Baidu	Downgrade	$76.00	$108.00	Buy ➝ Neutral
9/7/2026	JD JD.com	Downgrade	$26.00	$30.00	Buy ➝ Neutral
9/7/2026	JD JD.com	Downgrade	$26.00	$30.00	Buy ➝ Neutral
9/7/2026	PDD PDD	Downgrade	$79.00	$93.00	Buy ➝ Neutral
9/7/2026	BIDU Baidu	Downgrade	$76.00	$108.00	Buy ➝ Neutral
9/7/2026	SE SEA	Upgrade	$74.00	$152.00	Neutral ➝ Buy
8/27/2026	SNDK Sandisk	Boost Price Target	$1,151.00	$2,300.00 ➝ $3,000.00	Buy ➝ Buy
8/20/2026	MPWR Monolithic Power Systems	Initiated Coverage	$1,212.00	$2,013.00	Buy
8/20/2026	TXN Texas Instruments	Lower Price Target	$301.00	$405.00 ➝ $381.00	Buy ➝ Buy
8/20/2026	ADI Analog Devices	Boost Price Target	$417.00	$487.00 ➝ $490.00	Buy ➝ Buy
8/11/2026	SPCX SpaceX	Set Price Target	$135.00	$450.00
8/10/2026	UMC United Microelectronics	Upgrade	$17.00		Neutral ➝ Buy
7/29/2026	TXN Texas Instruments	Upgrade	$301.00	$405.00	Neutral ➝ Buy
7/29/2026	TXN Texas Instruments	Upgrade	$301.00		Hold ➝ Strong-Buy
7/21/2026	AVGO Broadcom	Boost Price Target	$326.00	$488.00 ➝ $530.00	Buy ➝ Buy
7/21/2026	MU Micron Technology	Boost Price Target	$885.00	$852.00 ➝ $1,500.00	Buy ➝ Buy
7/17/2026	VSNT Versant	Upgrade	$31.00	$40.00	Sell ➝ Neutral
7/9/2026	SKYD Skydance	Reiterated Rating	$8.00	$1.00	Neutral ➝ Sell
7/7/2026	TTWO Take-Two Interactive Software	Boost Price Target	$190.00	$245.00 ➝ $308.00
7/6/2026	GOOG Alphabet	Boost Price Target	$278.00	$425.00 ➝ $450.00
6/30/2026	TTD Trade Desk	Set Price Target	$12.00	$11.60	Neutral ➝ Sell
6/30/2026	TTD Trade Desk	Downgrade	$12.00	$11.60	Hold ➝ Strong Sell
6/29/2026	CRWD CrowdStrike	Set Price Target	$250.00	$182.50	Buy ➝ Neutral
6/29/2026	RBLX Roblox	Upgrade	$43.00	$75.00 ➝ $95.00	Neutral ➝ Buy
6/29/2026	RBLX Roblox	Upgrade	$43.00	$95.00	Neutral ➝ Buy
6/29/2026	CRWD CrowdStrike	Downgrade	$250.00	$182.50	Strong-Buy ➝ Hold
6/29/2026	PANW Palo Alto Networks	Boost Price Target	$366.00	$185.00 ➝ $433.00	Buy ➝ Buy
6/24/2026	AAPL Apple	Boost Price Target	$345.00	$305.00 ➝ $335.00	Buy ➝ Buy
6/23/2026	DDOG Datadog	Boost Price Target	$235.00	$260.00 ➝ $340.00	Buy ➝ Buy
6/22/2026	APP AppLovin	Boost Price Target	$228.00	$340.00 ➝ $406.00	Neutral ➝ Neutral
6/18/2026	SPCX SpaceX	Initiated Coverage	$135.00	$401.00	Buy
6/18/2026	SPCX SpaceX	Initiated Coverage	$135.00	$401.00	Buy
6/10/2026	GFS GlobalFoundries	Set Price Target	$42.00	$95.00
6/10/2026	GFS GlobalFoundries	Upgrade	$42.00		Neutral ➝ Buy
6/10/2026	INTC Intel	Boost Price Target	$66.00	$20.40 ➝ $99.00	Neutral ➝ Neutral
6/2/2026	META Meta Platforms	Upgrade	$615.00	$735.00	Neutral ➝ Buy
6/2/2026	META Meta Platforms	Upgrade	$615.00	$735.00	Hold ➝ Strong-Buy
5/26/2026	OKTA Okta	Upgrade	$208.00	$127.00	Sell ➝ Buy
5/26/2026	OKTA Okta	Upgrade	$208.00	$127.00	Strong Sell ➝ Strong-Buy
5/26/2026	EBAY eBay	Lower Price Target	$122.00	$113.00 ➝ $111.00	Neutral ➝ Neutral
5/20/2026	ETSY Etsy	Upgrade	$89.00	$76.00	Neutral ➝ Buy
5/20/2026	ETSY Etsy	Upgrade	$89.00	$76.00	Hold ➝ Strong-Buy
5/18/2026	AMZN Amazon.com	Boost Price Target	$240.00	$301.00 ➝ $310.00	Buy ➝ Buy
5/18/2026	GOOGL Alphabet	Boost Price Target	$280.00	$405.00 ➝ $425.00	Buy ➝ Buy
5/14/2026	WDC Western Digital	Boost Price Target	$366.00	$435.00 ➝ $610.00	Buy ➝ Buy
5/13/2026	TXN Texas Instruments	Boost Price Target	$301.00	$267.00 ➝ $303.00	Neutral ➝ Neutral
5/12/2026	EBAY eBay	Boost Price Target	$122.00	$111.00 ➝ $113.00	Neutral ➝ Neutral
5/7/2026	ORCL Oracle	Upgrade	$130.00	$255.00	Neutral ➝ Buy
5/5/2026	TMUS T-Mobile US	Boost Price Target	$156.00	$295.00 ➝ $300.00	Buy ➝ Buy
5/5/2026	MSFT Microsoft	Boost Price Target	$522.00	$730.00 ➝ $870.00	Buy ➝ Buy
4/29/2026	NOK Nokia	Upgrade	$9.00		Neutral ➝ Buy
4/27/2026	FTNT Fortinet	Set Price Target	$136.00	$104.00	Neutral ➝ Buy
4/27/2026	FTNT Fortinet	Upgrade	$136.00	$83.00 ➝ $104.00	Strong Sell ➝ Strong-Buy
4/23/2026	AMZN Amazon.com	Boost Price Target	$240.00	$285.00 ➝ $301.00	Buy ➝ Buy
4/17/2026	JD JD.com	Set Price Target	$26.00	$37.00
4/17/2026	JD JD.com	Upgrade	$26.00		Neutral ➝ Buy
4/17/2026	PDD PDD	Upgrade	$79.00	$121.00	Neutral ➝ Buy
4/16/2026	EBAY eBay	Boost Price Target	$122.00	$103.00 ➝ $111.00	Neutral ➝ Neutral
4/13/2026	SNDK Sandisk	Upgrade	$1,151.00		Hold ➝ Strong-Buy
3/30/2026	ADI Analog Devices	Upgrade	$417.00	$389.00	Neutral ➝ Buy
3/26/2026	ADSK Autodesk	Lower Price Target	$250.00	$460.00 ➝ $456.00	Buy ➝ Buy
3/23/2026	WULF TeraWulf	Initiated Coverage	$12.00	$30.00	Buy
3/23/2026	HUT Hut 8	Initiated Coverage	$59.00	$136.00	Buy
3/16/2026	TTD Trade Desk	Upgrade	$12.00	$25.00	Sell ➝ Neutral
3/13/2026	NOK Nokia	Downgrade	$9.00		Buy ➝ Neutral
3/10/2026	T AT&T	Upgrade	$21.00	$28.00	Sell ➝ Neutral
3/5/2026	META Meta Platforms	Downgrade	$615.00		Buy ➝ Neutral
3/3/2026	XYZ Block	Upgrade	$76.00		Hold ➝ Strong-Buy
3/3/2026	PANW Palo Alto Networks	Upgrade	$366.00	$185.00	Sell ➝ Buy
3/2/2026	APP AppLovin	Set Price Target	$228.00	$340.00	Sell ➝ Neutral
3/2/2026	APP AppLovin	Upgrade	$228.00	$458.00 ➝ $340.00	Sell ➝ Neutral
2/27/2026	NFLX Netflix	Upgrade	$62.00		Neutral ➝ Buy
2/26/2026	SPOT Spotify Technology	Upgrade	$595.00	$586.00	Neutral ➝ Buy
2/11/2026	AMZN Amazon.com	Boost Price Target	$240.00	$283.00 ➝ $285.00	Buy ➝ Buy
2/11/2026	GOOGL Alphabet	Boost Price Target	$280.00	$380.00 ➝ $405.00	Buy ➝ Buy
2/10/2026	SNAP Snap	Set Price Target	$5.00	$7.30	Neutral ➝ Buy
2/10/2026	SNAP Snap	Upgrade	$5.00	$7.30	Hold ➝ Buy
2/2/2026	SHOP Shopify	Set Price Target	$157.00	$175.00
2/2/2026	SHOP Shopify	Upgrade	$157.00		Neutral ➝ Buy
1/27/2026	MBLY Mobileye Global	Downgrade	$6.00	$15.70	Buy ➝ Neutral
1/21/2026	BABA Alibaba Group	Upgrade	$98.00	$190.00	Neutral ➝ Buy
1/21/2026	AMZN Amazon.com	Boost Price Target	$240.00	$264.00 ➝ $283.00	Buy ➝ Buy
1/20/2026	BABA Alibaba Group	Set Price Target	$98.00	$190.00	Neutral ➝ Buy
1/20/2026	TKO TKO Group	Boost Price Target	$181.00	$171.00 ➝ $185.00	Neutral ➝ Neutral