BNP Paribas Exane Stock Recommendations and Price Targets

This is a list of recent ratings by BNP Paribas Exane.

Date	Company Name	Action	Current Price	Price Target	Rating
1/16/2026	TAP Molson Coors Beverage	Reiterated Rating	$49.00	$40.00	Neutral ➝ Underperform
1/16/2026	BF.B Brown-Forman	Reiterated Rating	$26.00	$24.00	Neutral ➝ Underperform
1/16/2026	MNST Monster Beverage	Upgrade	$78.00	$77.00	Underperform ➝ Neutral
1/16/2026	PEP PepsiCo	Upgrade	$146.00	$179.00	Neutral ➝ Outperform
1/16/2026	TMUS T-Mobile US	Lower Price Target	$186.00	$300.00 ➝ $275.00	Outperform ➝ Outperform
1/16/2026	CLX Clorox	Lower Price Target	$110.00	$103.00 ➝ $101.00	Underperform ➝ Underperform
1/16/2026	GS The Goldman Sachs Group	Boost Price Target	$962.00	$775.00 ➝ $970.00	Neutral ➝ Neutral
1/16/2026	PG Procter & Gamble	Lower Price Target	$145.00	$172.00 ➝ $164.00	Outperform ➝ Outperform
1/15/2026	BWXT BWX Technologies	Initiated Coverage	$218.00	$215.00	Neutral
1/15/2026	IOT Samsara	Upgrade	$35.00	$40.00	Neutral ➝ Outperform
1/15/2026	DDOG Datadog	Lower Price Target	$119.00	$210.00 ➝ $175.00	Outperform ➝ Outperform
1/15/2026	BLK BlackRock	Boost Price Target	$1,165.00	$1,290.00 ➝ $1,300.00	Outperform ➝ Outperform
1/14/2026	CSGP CoStar Group	Initiated Coverage	$65.00	$64.00	Neutral
1/14/2026	DASH DoorDash	Initiated Coverage	$205.00	$280.00	Outperform
1/14/2026	CART Maplebear	Initiated Coverage	$39.00	$41.00	Underperform
1/14/2026	SNAP Snap	Initiated Coverage	$8.00	$8.00	Underperform
1/14/2026	TTD Trade Desk	Initiated Coverage	$35.00	$40.00	Neutral
1/14/2026	UBER Uber Technologies	Initiated Coverage	$85.00	$108.00	Outperform
1/14/2026	ZG Zillow Group	Initiated Coverage	$68.00	$85.00	Outperform
1/14/2026	PPG PPG Industries	Lower Price Target	$110.00	$113.00 ➝ $112.00	Neutral ➝ Neutral
1/13/2026	FDX FedEx	Downgrade	$308.00	$280.00	Outperform ➝ Neutral
1/13/2026	UPS United Parcel Service	Downgrade	$107.00	$85.00	Neutral ➝ Underperform
1/13/2026	IFF International Flavors & Fragrances	Lower Price Target	$72.00	$91.00 ➝ $89.00	Outperform ➝ Outperform
1/12/2026	BX Blackstone	Lower Price Target	$164.00	$167.00 ➝ $156.00	Neutral ➝ Neutral
1/12/2026	MDLN Medline	Initiated Coverage	$44.00	$38.00	Neutral
1/8/2026	GD General Dynamics	Boost Price Target	$367.00	$410.00 ➝ $420.00	Outperform ➝ Outperform
1/8/2026	GE GE Aerospace	Boost Price Target	$325.00	$275.00 ➝ $305.00	Underperform ➝ Underperform
1/8/2026	LMT Lockheed Martin	Boost Price Target	$582.00	$550.00 ➝ $570.00	Outperform ➝ Outperform
1/8/2026	LOGI Logitech International	Downgrade	$95.00	$106.00	Outperform ➝ Neutral
1/8/2026	UL Unilever	Downgrade	$64.00	$71.00	Outperform ➝ Neutral
1/7/2026	PNR Pentair	Reiterated Rating	$107.00	$90.00	Neutral ➝ Underperform
1/7/2026	XYZ Block	Upgrade	$66.00	$83.00	Neutral ➝ Outperform
1/6/2026	WCN Waste Connections	Initiated Coverage	$167.00		Outperform
1/2/2026	NUE Nucor	Boost Price Target	$174.00	$165.00 ➝ $185.00	Outperform ➝ Outperform
12/23/2025	PSA Public Storage	Lower Price Target	$294.00	$329.00 ➝ $315.00
12/22/2025	LW Lamb Weston	Downgrade	$43.00		Outperform ➝ Neutral
12/19/2025	NKE NIKE	Lower Price Target	$64.00	$38.00 ➝ $35.00	Underperform ➝ Underperform
12/19/2025	CMCSA Comcast	Boost Price Target	$28.00	$28.00 ➝ $30.00	Neutral ➝ Neutral
12/16/2025	KHC Kraft Heinz	Lower Price Target	$24.00	$26.00 ➝ $25.00	Neutral ➝ Neutral
12/12/2025	LULU lululemon athletica	Boost Price Target	$202.00	$146.00 ➝ $230.00	Neutral ➝ Neutral
12/10/2025	AZO AutoZone	Lower Price Target	$3,520.00	$4,811.00 ➝ $4,268.00	Outperform ➝ Outperform
12/9/2025	OTIS Otis Worldwide	Upgrade	$90.00	$105.00	Neutral ➝ Outperform
12/8/2025	LUV Southwest Airlines	Boost Price Target	$43.00	$19.00 ➝ $24.00	Underperform ➝ Underperform
12/8/2025	XOM Exxon Mobil	Upgrade	$130.00	$114.00	Underperform ➝ Neutral
12/8/2025	DAL Delta Air Lines	Boost Price Target	$70.00	$70.00 ➝ $85.00	Outperform ➝ Outperform
12/5/2025	DG Dollar General	Boost Price Target	$149.00	$118.00 ➝ $127.00	Neutral ➝ Neutral
12/5/2025	FCX Freeport-McMoRan	Lower Price Target	$59.00	$58.00 ➝ $56.00	Outperform ➝ Outperform
12/5/2025	HD Home Depot	Boost Price Target	$380.00	$353.00 ➝ $355.00	Neutral ➝ Neutral
12/5/2025	B Barrick Mining	Upgrade	$49.00	$50.00	Neutral ➝ Outperform
12/5/2025	NEM Newmont	Downgrade	$114.00	$97.00	Outperform ➝ Neutral
12/5/2025	RHI Robert Half	Downgrade	$28.00	$22.00	Neutral ➝ Underperform
12/5/2025	NHYDY Norsk Hydro ASA	Upgrade	$8.00		Neutral ➝ Outperform
12/5/2025	AHEXY Adecco	Downgrade	$14.00		Outperform ➝ Neutral
12/4/2025	ARE Alexandria Real Estate Equities	Lower Price Target	$58.00	$72.00 ➝ $50.00	Underperform ➝ Underperform
12/3/2025	HON Honeywell International	Initiated Coverage	$219.00	$195.00	Neutral
12/3/2025	CRWD CrowdStrike	Boost Price Target	$454.00	$350.00 ➝ $450.00	Neutral ➝ Neutral
12/2/2025	PYPL PayPal	Lower Price Target	$57.00	$71.00 ➝ $69.00	Neutral ➝ Neutral
12/1/2025	TOST Toast	Upgrade	$34.00	$40.00	Neutral ➝ Outperform
12/1/2025	KMB Kimberly-Clark	Lower Price Target	$99.00	$127.00 ➝ $110.00	Neutral ➝ Neutral
11/26/2025	BBY Best Buy	Lower Price Target	$68.00	$69.00 ➝ $68.00	Neutral ➝ Neutral
11/24/2025	MOS Mosaic	Lower Price Target	$26.00	$43.00 ➝ $35.00	Outperform ➝ Outperform
11/24/2025	IP International Paper	Upgrade	$43.00	$44.00	Underperform ➝ Outperform
11/24/2025	SHOP Shopify	Initiated Coverage	$156.00		Neutral
11/24/2025	META Meta Platforms	Initiated Coverage	$620.00	$800.00	Outperform
11/24/2025	EXPE Expedia Group	Initiated Coverage	$285.00		Neutral
11/24/2025	ETSY Etsy	Initiated Coverage	$62.00		Neutral
11/24/2025	EBAY eBay	Initiated Coverage	$93.00		Neutral
11/24/2025	AMZN Amazon.com	Initiated Coverage	$239.00		Outperform
11/24/2025	ABNB Airbnb	Initiated Coverage	$131.00		Neutral
11/24/2025	GOOGL Alphabet	Initiated Coverage	$330.00	$355.00	Outperform
11/24/2025	BKNG Booking	Initiated Coverage	$5,116.00	$6,100.00	Outperform
11/24/2025	NAVN Navan	Initiated Coverage	$15.00	$24.00	Outperform
11/24/2025	CF CF Industries	Lower Price Target	$87.00	$90.00 ➝ $80.00	Neutral ➝ Neutral
11/24/2025	NGG National Grid Transco	Downgrade	$81.00		Outperform ➝ Underperform
11/21/2025	HOLX Hologic	Downgrade	$75.00	$79.00	Outperform ➝ Neutral
11/21/2025	APTV Aptiv	Boost Price Target	$79.00	$100.00 ➝ $107.00
11/20/2025	ALAB Astera Labs	Initiated Coverage	$182.00	$225.00	Outperform
11/19/2025	HD Home Depot	Lower Price Target	$380.00	$391.00 ➝ $353.00	Neutral ➝ Neutral
11/18/2025	AVAV AeroVironment	Initiated Coverage	$393.00	$355.00	Outperform
11/18/2025	LMT Lockheed Martin	Initiated Coverage	$582.00	$550.00	Outperform
11/18/2025	NVDA NVIDIA	Boost Price Target	$187.00	$240.00 ➝ $250.00	Outperform ➝ Outperform
11/18/2025	BA Boeing	Initiated Coverage	$248.00	$150.00	Underperform
11/18/2025	GE GE Aerospace	Initiated Coverage	$325.00		Underperform
11/18/2025	GD General Dynamics	Initiated Coverage	$367.00	$410.00	Outperform
11/18/2025	HEI Heico	Initiated Coverage	$353.00	$330.00	Neutral
11/18/2025	HWM Howmet Aerospace	Initiated Coverage	$225.00	$240.00	Outperform
11/18/2025	KTOS Kratos Defense & Security Solutions	Initiated Coverage	$131.00	$80.00	Neutral
11/18/2025	LHX L3Harris Technologies	Initiated Coverage	$347.00	$290.00	Neutral
11/18/2025	NOC Northrop Grumman	Initiated Coverage	$667.00	$710.00	Outperform
11/18/2025	RTX RTX	Initiated Coverage	$202.00	$210.00	Outperform
11/18/2025	TDG Transdigm Group	Initiated Coverage	$1,450.00	$1,775.00	Outperform
11/17/2025	CTVA Corteva	Boost Price Target	$70.00	$70.00 ➝ $72.00	Neutral ➝ Neutral
11/13/2025	CSCO Cisco Systems	Boost Price Target	$75.00	$76.00 ➝ $86.00	Outperform ➝ Outperform
11/7/2025	DDOG Datadog	Boost Price Target	$119.00	$160.00 ➝ $210.00
11/5/2025	SWKS Skyworks Solutions	Boost Price Target	$58.00	$71.00 ➝ $73.00	Neutral ➝ Neutral
11/5/2025	FISV Fiserv	Reiterated Rating	$66.00	$62.00	Outperform ➝ Neutral
11/4/2025	CLX Clorox	Lower Price Target	$110.00	$110.00 ➝ $103.00	Underperform ➝ Underperform
11/4/2025	CMCSA Comcast	Upgrade	$28.00	$28.00	Underperform ➝ Neutral
11/4/2025	ADI Analog Devices	Initiated Coverage	$300.00	$300.00	Outperform
11/4/2025	CHTR Charter Communications	Lower Price Target	$190.00	$255.00 ➝ $200.00	Underperform ➝ Underperform