Cowen Stock Recommendations and Price Targets

This is a list of recent ratings by Cowen.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
9/30/2022	GNRC Generac	Initiated Coverage	$178.00		Outperform	Low
9/30/2022	NKE NIKE	Lower Price Target	$83.00	$127.00 ➝ $114.00		Low
9/30/2022	VFC V.F.	Lower Price Target	$30.00	$50.00 ➝ $36.00		Low
9/30/2022	TTE TotalEnergies	Lower Price Target	$47.00	$58.00 ➝ $56.00		Low
9/29/2022	CYBR CyberArk Software	Initiated Coverage	$150.00		Outperform	Low
9/29/2022	PAYX Paychex	Boost Price Target	$112.00	$125.00 ➝ $132.00		Low
9/29/2022	STEM Stem	Lower Price Target	$13.00	$22.00 ➝ $20.00		Low
9/29/2022	SUNL Sunlight Financial	Lower Price Target	$1.00	$8.75 ➝ $5.00		Low
9/27/2022	DPZ Domino's Pizza	Lower Price Target	$310.00	$410.00 ➝ $362.00	Market Perform	Low
9/27/2022	COLM Columbia Sportswear	Boost Price Target	$67.00	$85.00 ➝ $86.00	Outperform	Low
9/27/2022	GXO GXO Logistics	Lower Price Target	$35.00	$67.00 ➝ $62.00	Outperform	Low
9/23/2022	VRT Vertiv	Lower Price Target	$10.00	$12.75 ➝ $11.75		Low
9/23/2022	ACN Accenture	Lower Price Target	$257.00	$325.00 ➝ $295.00		Low
9/23/2022	FDX FedEx	Lower Price Target	$148.00	$230.00 ➝ $185.00		Low
9/22/2022	STEM Stem	Initiated Coverage	$13.00	$22.00	Outperform	Low
9/22/2022	ME 23andMe	Initiated Coverage	$3.00	$6.00	Outperform	Low
9/22/2022	CNC Centene	Lower Price Target	$78.00	$108.00 ➝ $101.00		Low
9/22/2022	IREN Iris Energy	Downgrade	$4.00	$14.00 ➝ $4.30	Outperform ➝ Market Perform	Low
9/21/2022	CMG Chipotle Mexican Grill	Boost Price Target	$1,503.00	$1,850.00 ➝ $1,950.00	Outperform	Low
9/21/2022	CRWD CrowdStrike	Reiterated Rating	$165.00	$220.00	Buy	Low
9/20/2022	ADP Automatic Data Processing	Boost Price Target	$226.00	$230.00 ➝ $236.00		Low
9/16/2022	SHLS Shoals Technologies Group	Upgrade	$22.00	$29.00 ➝ $37.50	Market Perform ➝ Outperform	Low
9/16/2022	ADDYY adidas	Downgrade	$57.00		Outperform ➝ Market Perform	Low
9/16/2022	ADBE Adobe	Lower Price Target	$275.00	$520.00 ➝ $400.00	Outperform	Low
9/16/2022	MYTE MYT Netherlands Parent B.V.	Lower Price Target	$12.00	$22.00 ➝ $17.00	Outperform	Low
9/16/2022	CORZ Core Scientific	Lower Price Target	$1.00	$4.00 ➝ $3.75	Outperform	Low
9/16/2022	FDX FedEx	Lower Price Target	$148.00	$310.00 ➝ $230.00	Outperform	Low
9/15/2022	AMR Alpha Metallurgical Resources	Boost Price Target	$137.00	$191.00 ➝ $225.00	Outperform	Low
9/14/2022	AVTR Avantor	Downgrade	$20.00	$39.00 ➝ $28.00	Outperform ➝ Market Perform	Low
9/14/2022	MDLZ Mondelez International	Initiated Coverage	$55.00	$71.00	Outperform	Low
9/14/2022	HSY Hershey	Initiated Coverage	$220.00	$238.00	Market Perform	Low
9/13/2022	BRZE Braze	Lower Price Target	$35.00	$54.00 ➝ $50.00	Outperform	Low
9/12/2022	RBLX Roblox	Initiated Coverage	$36.00	$31.00	Underperform	Low
9/12/2022	CRS Carpenter Technology	Upgrade	$31.00	$45.00	Market Perform ➝ Outperform	Low
9/12/2022	NKE NIKE	Lower Price Target	$83.00	$127.00 ➝ $124.00	Outperform	Low
9/12/2022	EBS Emergent BioSolutions	Lower Price Target	$21.00	$30.00 ➝ $29.00	Market Perform	Low
9/8/2022	TNET TriNet Group	Initiated Coverage	$71.00	$83.00	Market Perform	Low
9/8/2022	FRPT Freshpet	Lower Price Target	$50.00	$118.00 ➝ $97.00	Outperform	Low
9/8/2022	AEO American Eagle Outfitters	Lower Price Target	$10.00	$13.00 ➝ $11.00	Market Perform	Low
9/8/2022	RVNC Revance Therapeutics	Boost Price Target	$27.00	$55.00 ➝ $65.00		Low
9/7/2022	PATH UiPath	Lower Price Target	$13.00	$27.00 ➝ $20.00		Low
9/6/2022	SNCY Sun Country Airlines	Initiated Coverage	$14.00	$25.00	Outperform	Low
9/6/2022	AKLI Akili	Initiated Coverage	$2.00		Outperform	Low
9/2/2022	BIRD Allbirds	Lower Price Target	$3.00	$7.00 ➝ $5.00	Outperform	Low
9/2/2022	CIEN Ciena	Lower Price Target	$40.00	$82.00 ➝ $71.00	Outperform	Low
9/2/2022	PD PagerDuty	Lower Price Target	$23.00	$40.00 ➝ $37.00	Outperform	Low
9/1/2022	SMTC Semtech	Downgrade	$29.00	$65.00 ➝ $43.00	Outperform ➝ Market Perform	Low
8/31/2022	RKLB Rocket Lab USA	Upgrade	$4.00	$6.50 ➝ $8.00	Market Perform ➝ Outperform	Low
8/31/2022	BCYC Bicycle Therapeutics	Initiated Coverage	$23.00		Outperform	Low
8/31/2022	OPRA Opera	Lower Price Target	$4.00	$14.00 ➝ $10.50	Outperform	Low
8/31/2022	HPQ HP	Lower Price Target	$25.00	$38.00 ➝ $30.00	Market Perform	Low
8/31/2022	GPS GAP	Lower Price Target	$8.00	$12.00 ➝ $10.00	Market Perform	Low
8/30/2022	FTCH Farfetch	Boost Price Target	$7.00	$9.00 ➝ $11.00	Market Perform	Low
8/30/2022	LULU Lululemon Athletica	Boost Price Target	$280.00	$512.00 ➝ $531.00	Outperform	Low
8/29/2022	DCPH Deciphera Pharmaceuticals	Initiated Coverage	$18.00	$25.00	Outperform	Low
8/29/2022	XYL Xylem	Boost Price Target	$87.00	$75.00 ➝ $85.00	Market Perform	Low
8/26/2022	ULTA Ulta Beauty	Boost Price Target	$401.00	$480.00 ➝ $503.00	Outperform	Low
8/26/2022	PTON Peloton Interactive	Lower Price Target	$7.00	$35.00 ➝ $20.00	Outperform	Low
8/26/2022	DOMO Domo	Lower Price Target	$18.00	$50.00 ➝ $35.00	Outperform	Low
8/26/2022	BURL Burlington Stores	Lower Price Target	$112.00	$175.00 ➝ $160.00	Market Perform	Low
8/26/2022	DELL Dell Technologies	Lower Price Target	$34.00	$58.00 ➝ $45.00	Market Perform	Low
8/25/2022	CRM Salesforce	Lower Price Target	$144.00	$225.00 ➝ $210.00	Outperform	Low
8/25/2022	SNOW Snowflake	Boost Price Target	$170.00	$230.00 ➝ $235.00	Outperform	Low
8/25/2022	SPLK Splunk	Lower Price Target	$75.00	$110.00 ➝ $95.00	Market Perform	Low
8/24/2022	DKS DICK'S Sporting Goods	Boost Price Target	$105.00	$128.00 ➝ $142.00		Low
8/24/2022	ENVX Enovix	Boost Price Target	$18.00	$19.00 ➝ $36.00		Low
8/24/2022	TFII TFI International	Reiterated Rating	C$125.00	C$120.00	Buy	N/A
8/23/2022	MARA Marathon Digital	Boost Price Target	$11.00	$7.00 ➝ $9.00		Low
8/22/2022	VFC V.F.	Downgrade	$30.00		Outperform ➝ Market Perform	Low
8/22/2022	FL Foot Locker	Boost Price Target	$31.00	$29.00 ➝ $35.00		Low
8/22/2022	ALHC Alignment Healthcare	Boost Price Target	$12.00	$12.00 ➝ $17.00		Low
8/22/2022	LFST LifeStance Health Group	Lower Price Target	$7.00	$11.00 ➝ $10.00		Low
8/19/2022	TPR Tapestry	Boost Price Target	$28.00	$40.00 ➝ $46.00	Outperform	Low
8/19/2022	AMAT Applied Materials	Lower Price Target	$82.00	$160.00 ➝ $140.00	Outperform	Low
8/19/2022	GLOB Globant	Boost Price Target	$187.00	$220.00 ➝ $248.00	Outperform	Low
8/19/2022	INSG Inseego	Lower Price Target	$2.00	$6.00 ➝ $5.00	Outperform	Low
8/18/2022	SBUX Starbucks	Boost Price Target	$84.00	$94.00 ➝ $104.00	Outperform	Low
8/18/2022	TJX TJX Companies	Boost Price Target	$62.00	$72.00 ➝ $77.00	Outperform	Low
8/18/2022	CSCO Cisco Systems	Boost Price Target	$40.00	$58.00 ➝ $60.00	Outperform	Low
8/18/2022	WOLF Wolfspeed	Boost Price Target	$103.00	$100.00 ➝ $125.00	Outperform	Low
8/17/2022	DKS DICK'S Sporting Goods	Boost Price Target	$105.00	$126.00 ➝ $128.00	Outperform	Low
8/17/2022	RL Ralph Lauren	Lower Price Target	$85.00	$142.00 ➝ $128.00	Outperform	Low
8/17/2022	BNTX BioNTech	Initiated Coverage	$135.00		Market Perform	Low
8/17/2022	SDIG Stronghold Digital Mining	Downgrade	$1.00	$11.00 ➝ $2.25	Outperform ➝ Market Perform	Low
8/16/2022	TWKS Thoughtworks	Lower Price Target	$10.00	$21.00 ➝ $20.00	Outperform	Low
8/16/2022	SKYT SkyWater Technology	Boost Price Target	$8.00	$12.00 ➝ $20.00	Outperform	Low
8/16/2022	SLGC SomaLogic	Lower Price Target	$3.00	$11.00 ➝ $9.00	Outperform	Low
8/16/2022	DRIO DarioHealth	Lower Price Target	$5.00	$18.00 ➝ $14.00	Outperform	Low
8/16/2022	CAH Cardinal Health	Boost Price Target	$67.00	$59.00 ➝ $72.00	Market Perform	Low
8/15/2022	DXC DXC Technology	Lower Price Target	$24.00	$41.00 ➝ $37.00	Outperform	Low
8/15/2022	CVX Chevron	Boost Price Target	$144.00	$119.00 ➝ $120.00	Outperform	Low
8/15/2022	TRSSF TerrAscend	Lower Price Target	$1.00	$9.00 ➝ $4.50		Low
8/15/2022	TTCF Tattooed Chef	Lower Price Target	$5.00	$13.00 ➝ $10.00	Outperform	Low
8/15/2022	PCT PureCycle Technologies	Lower Price Target	$8.00	$17.00 ➝ $15.00	Outperform	Low
8/15/2022	ARVL Arrival	Lower Price Target	$1.00	$12.00 ➝ $5.50	Outperform	Low
8/15/2022	APTX Aptinyx	Downgrade	$0.00		Outperform ➝ Market Perform	Low
8/12/2022	LAW CS Disco	Downgrade	$10.00		Outperform ➝ Market Perform	Low
8/12/2022	ELF e.l.f. Beauty	Downgrade	$38.00		Outperform ➝ Market Perform	Low
8/12/2022	REAL RealReal	Downgrade	$2.00	$14.00 ➝ $3.00	Outperform ➝ Market Perform	Low
8/12/2022	SBH Sally Beauty	Downgrade	$13.00	$17.00	Outperform ➝ Market Perform	Low