BTIG Research Stock Recommendations and Price Targets

This is a list of recent ratings by BTIG Research.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
4/22/2024	PINE Alpine Income Property Trust	Lower Price Target	$15.00	$23.00 ➝ $19.00	Buy ➝ Buy	Low
4/22/2024	WGS GeneDx	Boost Price Target	$10.00	$11.00 ➝ $15.00	Buy ➝ Buy	Low
4/19/2024	ISRG Intuitive Surgical	Boost Price Target	$369.00	$412.00 ➝ $421.00	Buy ➝ Buy	Low
4/19/2024	DMTK DermTech	Reiterated Rating	$1.00		Buy ➝ Neutral	Low
4/18/2024	FVRR Fiverr International	Lower Price Target	$19.00	$30.00 ➝ $28.00	Buy ➝ Buy	Low
4/18/2024	EFC Ellington Financial	Lower Price Target	$11.00	$15.50 ➝ $13.50	Buy ➝ Buy	Low
4/18/2024	FIP FTAI Infrastructure	Initiated Coverage	$7.00	$10.00	Buy	Low
4/18/2024	VFS VinFast Auto	Lower Price Target	$2.00	$8.00 ➝ $5.00	Buy ➝ Buy	Low
4/17/2024	STWD Starwood Property Trust	Lower Price Target	$20.00	$24.00 ➝ $23.00	Buy ➝ Buy	N/A
4/17/2024	BXMT Blackstone Mortgage Trust	Lower Price Target	$19.00	$24.00 ➝ $22.00	Buy ➝ Buy	N/A
4/17/2024	CGEM Cullinan Oncology	Boost Price Target	$16.00	$20.00 ➝ $30.00	Buy ➝ Buy	N/A
4/17/2024	FBRT Franklin BSP Realty Trust	Lower Price Target	$12.00	$15.00 ➝ $14.00	Buy ➝ Buy	N/A
4/17/2024	RC Ready Capital	Lower Price Target	$9.00	$12.00 ➝ $10.00	Buy ➝ Buy	N/A
4/16/2024	DHI D.R. Horton	Lower Price Target	$143.00	$174.00 ➝ $169.00	Buy ➝ Buy	Low
4/16/2024	XNCR Xencor	Lower Price Target	$18.00	$56.00 ➝ $38.00	Buy ➝ Buy	Low
4/12/2024	TBPH Theravance Biopharma	Initiated Coverage	$9.00	$21.00	Buy	Low
4/12/2024	HAFN Hafnia	Initiated Coverage	$7.00	$10.00	Buy	Low
4/11/2024	RCEL AVITA Medical	Downgrade	$9.00		Buy ➝ Neutral	Low
4/11/2024	CARM Carisma Therapeutics	Initiated Coverage	$2.00	$6.00	Buy	Low
4/10/2024	DCGO DocGo	Lower Price Target	$4.00	$13.00 ➝ $11.00	Buy ➝ Buy	Low
4/9/2024	APP AppLovin	Boost Price Target	$68.00	$65.00 ➝ $87.00	Buy ➝ Buy	Low
4/8/2024	OM Outset Medical	Initiated Coverage	$2.00	$6.00	Buy	Low
4/5/2024	MSTR MicroStrategy	Boost Price Target	$1,324.00	$780.00 ➝ $1,800.00	Buy ➝ Buy	Low
4/4/2024	ADPT Adaptive Biotechnologies	Lower Price Target	$3.00	$6.00 ➝ $5.00	Buy ➝ Buy	Low
4/3/2024	KEX Kirby	Boost Price Target	$99.00	$100.00 ➝ $115.00	Buy ➝ Buy	Low
4/3/2024	RVLV Revolve Group	Boost Price Target	$19.00	$22.00 ➝ $24.00	Buy ➝ Buy	Low
4/3/2024	LZM Lifezone Metals	Lower Price Target	$7.00	$14.00 ➝ $11.00	Buy ➝ Buy	Low
4/1/2024	PIII P3 Health Partners	Downgrade	$1.00		Buy ➝ Neutral	Low
4/1/2024	SHCR Sharecare	Downgrade	$1.00		Buy ➝ Neutral	Low
3/28/2024	CMG Chipotle Mexican Grill	Boost Price Target	$2,885.00	$2,750.00 ➝ $3,250.00	Buy ➝ Buy	Low
3/28/2024	CYBR CyberArk Software	Initiated Coverage	$235.00	$317.00	Buy	Low
3/27/2024	OTLK Outlook Therapeutics	Upgrade	$8.00	$50.00	Neutral ➝ Buy	Low
3/26/2024	VKTX Viking Therapeutics	Boost Price Target	$64.00	$100.00 ➝ $125.00	Buy ➝ Buy	Low
3/26/2024	NUVB Nuvation Bio	Upgrade	$3.00	$5.00	Neutral ➝ Buy	Low
3/25/2024	MASI Masimo	Boost Price Target	$134.00	$145.00 ➝ $166.00	Buy ➝ Buy	Low
3/22/2024	PZZA Papa John's International	Downgrade	$63.00		Buy ➝ Neutral	Low
3/21/2024	JANX Janux Therapeutics	Initiated Coverage	$49.00	$62.00	Buy	Low
3/20/2024	HQY HealthEquity	Boost Price Target	$81.00	$100.00 ➝ $110.00	Buy ➝ Buy	Low
3/20/2024	SFL SFL	Boost Price Target	$13.00	$13.00 ➝ $15.00	Buy ➝ Buy	Low
3/19/2024	TDW Tidewater	Boost Price Target	$89.00	$90.00 ➝ $110.00	Buy ➝ Buy	Low
3/19/2024	USFD US Foods	Boost Price Target	$50.00	$52.00 ➝ $62.00	Buy ➝ Buy	Low
3/19/2024	CLSK CleanSpark	Boost Price Target	$19.00	$12.00 ➝ $22.00	Buy ➝ Buy	Low
3/18/2024	GMED Globus Medical	Upgrade	$51.00	$60.00	Neutral ➝ Buy	Low
3/15/2024	VKTX Viking Therapeutics	Boost Price Target	$64.00	$86.00 ➝ $100.00	Buy ➝ Buy	Low
3/15/2024	LFMD LifeMD	Boost Price Target	$10.00	$11.00 ➝ $13.00	Buy ➝ Buy	N/A
3/14/2024	SHAK Shake Shack	Boost Price Target	$95.00	$110.00 ➝ $120.00	Buy ➝ Buy	Low
3/14/2024	HLTH Cue Health	Reiterated Rating	$0.00		Buy ➝ Neutral	Low
3/13/2024	BTDR Bitdeer Technologies Group	Initiated Coverage	$7.00	$15.00	Buy	Low
3/13/2024	MXCT MaxCyte	Lower Price Target	$4.00	$10.00 ➝ $8.00	Buy ➝ Buy	Low
3/12/2024	TKNO Alpha Teknova	Downgrade	$2.00		Buy ➝ Neutral	Low
3/8/2024	IDYA IDEAYA Biosciences	Initiated Coverage	$38.00	$55.00	Buy	Low
3/8/2024	GNL Global Net Lease	Downgrade	$7.00		Buy ➝ Neutral	Low
3/7/2024	ZLDPF Zealand Pharma A/S	Initiated Coverage	$81.00		Buy	Low
3/7/2024	MDXH MDxHealth	Boost Price Target	$2.00	$7.00 ➝ $8.00	Buy ➝ Buy	N/A
3/6/2024	CRWD CrowdStrike	Boost Price Target	$289.00	$322.00 ➝ $432.00	Buy ➝ Buy	N/A
3/6/2024	HCP HashiCorp	Boost Price Target	$25.00	$25.00 ➝ $27.00	Buy ➝ Buy	Low
3/6/2024	SOPH SOPHiA GENETICS	Boost Price Target	$5.00	$7.00 ➝ $8.00	Buy ➝ Buy	Low
3/4/2024	MGNX MacroGenics	Boost Price Target	$15.00	$12.00 ➝ $24.00	Buy ➝ Buy	Low
2/29/2024	MRSN Mersana Therapeutics	Upgrade	$3.00	$6.00	Neutral ➝ Buy	Low
2/29/2024	COMP Compass	Lower Price Target	$3.00	$4.50 ➝ $4.30	Buy ➝ Buy	Low
2/28/2024	BMBL Bumble	Lower Price Target	$10.00	$20.00 ➝ $15.00	Buy	Low
2/26/2024	ANAB AnaptysBio	Initiated Coverage	$20.00	$55.00	Buy	Low
2/23/2024	TTD Trade Desk	Boost Price Target	$78.00	$91.00 ➝ $98.00	Buy	Low
2/23/2024	PLL Piedmont Lithium	Downgrade	$11.00		Buy ➝ Neutral	Low
2/22/2024	ETSY Etsy	Lower Price Target	$66.00	$90.00 ➝ $87.00	Buy	Low
2/22/2024	UBER Uber Technologies	Boost Price Target	$69.00	$80.00 ➝ $90.00	Buy	Low
2/22/2024	FLYX flyExclusive	Downgrade	$5.00		Buy ➝ Neutral	Low
2/21/2024	GHLD Guild	Initiated Coverage	$14.00	$18.00	Buy	Low
2/13/2024	IQV IQVIA	Initiated Coverage	$231.00	$285.00	Buy	Low
2/13/2024	CBAY CymaBay Therapeutics	Reiterated Rating	$32.00		Buy ➝ Neutral	Low
2/9/2024	PYXS Pyxis Oncology	Initiated Coverage	$5.00	$8.00	Buy	Low
2/7/2024	CMG Chipotle Mexican Grill	Boost Price Target	$2,885.00	$2,650.00 ➝ $2,750.00	Buy	Low
2/6/2024	MCD McDonald's	Downgrade	$276.00		Buy ➝ Neutral	Low
2/6/2024	PAYC Paycom Software	Initiated Coverage	$187.00		Neutral	Low
2/6/2024	PCTY Paylocity	Initiated Coverage	$160.00	$200.00	Buy	Low
2/6/2024	PYCR Paycor HCM	Initiated Coverage	$17.00	$26.00	Buy	Low
2/1/2024	BOOT Boot Barn	Lower Price Target	$103.00	$102.00 ➝ $100.00	Buy	Low
1/31/2024	SBUX Starbucks	Lower Price Target	$88.00	$125.00 ➝ $115.00	Buy	Low
1/30/2024	SQ Block	Upgrade	$72.00	$85.00	Neutral ➝ Buy	Low
1/29/2024	PNST Pinstripes	Initiated Coverage	$3.00	$6.00	Buy	Low
1/26/2024	CCSI Consensus Cloud Solutions	Initiated Coverage	$13.00		Neutral	Low
1/25/2024	BE Bloom Energy	Initiated Coverage	$9.00	$21.00	Buy	Low
1/23/2024	FLYX flyExclusive	Initiated Coverage	$5.00	$9.00	Buy	Low
1/23/2024	MDAI Spectral AI	Initiated Coverage	$2.00	$4.00	Buy	Low
1/22/2024	S SentinelOne	Upgrade	$20.00	$30.00	Neutral ➝ Buy	Low
1/19/2024	APPF AppFolio	Initiated Coverage	$215.00	$215.00	Buy	Low
1/19/2024	CSGP CoStar Group	Initiated Coverage	$85.00		Neutral	Low
1/19/2024	SMRT SmartRent	Initiated Coverage	$2.00	$4.50	Buy	Low
1/19/2024	MTTR Matterport	Initiated Coverage	$5.00		Neutral	Low
1/17/2024	MARA Marathon Digital	Upgrade	$18.00	$27.00	Neutral ➝ Buy	Low
1/17/2024	PSFE Paysafe	Initiated Coverage	$14.00	$19.00	Buy	Low
1/11/2024	ACRS Aclaris Therapeutics	Reiterated Rating	$1.00		Buy ➝ Neutral	Low
1/7/2024	BIIB Biogen	Reiterated Rating	$194.00		Neutral	Low
1/5/2024	PYPL PayPal	Reiterated Rating	$63.00		Buy ➝ Neutral	Low
1/5/2024	EGLE Eagle Bulk Shipping	Reiterated Rating	$63.00		Buy ➝ Neutral	Low
1/5/2024	GNK Genco Shipping & Trading	Reiterated Rating	$21.00		Buy ➝ Neutral	Low
1/5/2024	GOGL Golden Ocean Group	Reiterated Rating	$13.00		Buy ➝ Neutral	Low
1/4/2024	CMG Chipotle Mexican Grill	Boost Price Target	$2,885.00	$2,175.00 ➝ $2,650.00	Buy	Low
1/3/2024	VFS VinFast Auto	Initiated Coverage	$2.00	$10.00	Buy	Low
12/29/2023	NTRA Natera	Boost Price Target	$89.00	$75.00 ➝ $85.00	Buy ➝ Buy	Low