Bernstein Bank Stock Recommendations and Price Targets

This is a list of recent ratings by Bernstein Bank.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
9/10/2020	PFC Petrofac	Downgrade	GBX 111	GBX 170 ➝ GBX 110	Underperform	N/A
1/23/2020	CTVA Corteva	Upgrade	$47.00	$39.00	Outperform	Low
1/15/2020	NTR Nutrien	Downgrade	$68.00	$68.00 ➝ $53.00	Market Perform	Medium
1/15/2020	BYND Beyond Meat	Downgrade	$77.00	$106.00	Market Perform	High
1/14/2020	VAL Valaris	Initiated Coverage	$31.00	$2.30	Underperform	N/A
1/14/2020	RIG Transocean	Initiated Coverage	$3.00	$2.90	Underperform	Low
1/14/2020	PTEN Patterson-UTI Energy	Initiated Coverage	$7.00	$7.50	Underperform	High
1/14/2020	OII Oceaneering International	Initiated Coverage	$11.00	$12.30	Underperform	Medium
1/14/2020	FTI TechnipFMC	Downgrade	$6.00		Underperform	Medium
1/14/2020	NOV NOV	Initiated Coverage	$12.00		Market Perform	Medium
1/14/2020	TS Tenaris	Initiated Coverage	$20.00		Outperform	Medium
1/14/2020	HAL Halliburton	Initiated Coverage	$22.00	$15.90	Market Perform	Medium
1/14/2020	BKR Baker Hughes	Initiated Coverage	$23.00	$19.50	Underperform	Medium
1/14/2020	HP Helmerich & Payne	Initiated Coverage	$23.00	$47.30	Market Perform	Medium
1/14/2020	SLB Schlumberger	Initiated Coverage	$30.00	$27.10	Underperform	Medium
1/14/2020	CLB Core Laboratories	Initiated Coverage	$24.00	$38.80	Market Perform	Medium
1/14/2020	NBR Nabors Industries	Initiated Coverage	$84.00	$75.00	Underperform	High
1/13/2020	ADSK Autodesk	Downgrade	$254.00	$189.00 ➝ $197.00	Market Perform	Low
1/10/2020	LYFT Lyft	Initiated Coverage	$42.00	$48.00	Market Perform	Low
1/10/2020	TWTR Twitter	Initiated Coverage	$47.00	$27.00	Underperform	Low
1/10/2020	SNAP Snap	Initiated Coverage	$50.00	$20.00	Outperform	Low
1/10/2020	UBER Uber Technologies	Initiated Coverage	$41.00	$40.00	Outperform	Medium
1/10/2020	PINS Pinterest	Initiated Coverage	$43.00	$21.00	Market Perform	Low
1/10/2020	FB Facebook	Initiated Coverage	$333.00	$250.00	Outperform	Low
1/10/2020	GOOGL Alphabet	Initiated Coverage	$2,844.00	$1,600.00	Outperform	Low
1/10/2020	AMZN Amazon.com	Initiated Coverage	$3,505.00	$2,050.00	Market Perform	Low
1/9/2020	SPOT Spotify Technology	Initiated Coverage	$251.00	$127.00	Underperform	Low
1/8/2020	BYND Beyond Meat	Reiterated Rating	$77.00	$106.00	Outperform	High
10/24/2019	WTB Whitbread	Upgrade	GBX 2,837	GBX 4,200 ➝ GBX 4,000	Market Perform	N/A