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
7/23/2021	BDRBF Bombardier	Reiterated Rating	$1.00	$0.60	Sell	Medium
7/23/2021	XXII 22nd Century Group	Initiated Coverage	$3.00	$5.00	Outperform	N/A
7/23/2021	CLVR Clever Leaves	Initiated Coverage	$9.00	$9.07	Market Perform	Medium
7/23/2021	TPIC TPI Composites	Lower Price Target	$38.00	$65.00 ➝ $47.00	Outperform	High
7/23/2021	SNAP Snap	Boost Price Target	$78.00	$90.00 ➝ $96.00	Outperform	High
7/23/2021	EMR Emerson Electric	Set Price Target	$98.00	$97.44	Buy	Low
7/23/2021	EW Edwards Lifesciences	Boost Price Target	$109.00	$100.00 ➝ $125.00	Outperform	Low
7/23/2021	DHR Danaher	Boost Price Target	$291.00	$275.00 ➝ $350.00	Positive ➝ Outperform	Low
7/22/2021	SUNL Sunlight Financial	Initiated Coverage	$9.00	$15.00	Outperform	Low
7/22/2021	BKR Baker Hughes	Boost Price Target	$20.00	$28.00 ➝ $31.00	Outperform	Low
7/22/2021	CSX CSX	Boost Price Target	$33.00	$32.00 ➝ $35.00	Market Perform	N/A
7/22/2021	VZ Verizon Communications	Boost Price Target	$56.00	$66.00 ➝ $68.00	Outperform	Low
7/22/2021	FTNT Fortinet	Boost Price Target	$276.00	$270.00 ➝ $305.00	Outperform	Medium
7/22/2021	TEAM Atlassian	Downgrade	$271.00	$260.00	Outperform ➝ Market Perform	High
7/22/2021	MSFT Microsoft	Boost Price Target	$290.00	$295.00 ➝ $310.00	Outperform	Low
7/21/2021	FYBR Frontier Communications Parent	Initiated Coverage	$29.00	$37.00	Outperform	High
7/21/2021	RHHBY Roche	Initiated Coverage	$47.00		Outperform	High
7/21/2021	SKX Skechers U.S.A.	Boost Price Target	$54.00	$50.00 ➝ $55.00	Positive ➝ Market Perform	High
7/21/2021	CNI Canadian National Railway	Lower Price Target	$106.00	$114.00 ➝ $110.00	Market Perform	Medium
7/21/2021	PODD Insulet	Boost Price Target	$277.00	$285.00 ➝ $310.00	Outperform	Low
7/21/2021	VEEV Veeva Systems	Initiated Coverage	$333.00	$400.00	Outperform	Low
7/21/2021	DXCM DexCom	Lower Price Target	$461.00	$540.00 ➝ $525.00	Outperform	Low
7/21/2021	CMG Chipotle Mexican Grill	Boost Price Target	$1,831.00	$1,850.00 ➝ $2,080.00	Outperform	High
7/20/2021	NEPT Neptune Wellness Solutions	Lower Price Target	C$1.00	C$2.25 ➝ C$1.00	NA	N/A
7/20/2021	ARDX Ardelyx	Set Price Target	$2.00	$7.70	Buy	N/A
7/20/2021	ELEV Elevation Oncology	Initiated Coverage	$9.00	$12.10	Outperform	High
7/20/2021	GHRS GH Research	Initiated Coverage	$17.00	$17.25	Outperform	High
7/20/2021	TKNO Alpha Teknova	Initiated Coverage	$18.00		Outperform	High
7/20/2021	GRPH Graphite Bio	Initiated Coverage	$25.00		Outperform	High
7/19/2021	WEED Canopy Growth	Lower Price Target	C$25.00	C$39.00 ➝ C$33.00	NA	N/A
7/19/2021	CFLT Confluent	Initiated Coverage	$40.00	$40.40	Outperform	Medium
7/19/2021	PWR Quanta Services	Initiated Coverage	$90.00	$105.00	Outperform	High
7/19/2021	MTZ MasTec	Initiated Coverage	$100.00	$120.00	Outperform	High
7/16/2021	FGEN FibroGen	Lower Price Target	$13.00	$21.00 ➝ $16.00	Market Perform	High
7/16/2021	WNS WNS	Boost Price Target	$81.00	$82.00 ➝ $90.00	Outperform	Medium
7/16/2021	GATX GATX	Upgrade	$90.00	$101.00	Market Perform ➝ Outperform	Medium
7/16/2021	GLOB Globant	Boost Price Target	$238.00	$245.00 ➝ $260.00	Outperform	Low
7/16/2021	CMI Cummins	Upgrade	$237.00	$284.00	Market Perform ➝ Outperform	High
7/15/2021	ALLK Allakos	Initiated Coverage	$82.00	$76.53	Outperform	High
7/13/2021	ERIC Telefonaktiebolaget LM Ericsson (publ)	Boost Price Target	$12.00	$19.00 ➝ $21.00	Outperform	Low
7/13/2021	DNAY Codex DNA	Initiated Coverage	$17.00	$16.57	Outperform	High
7/13/2021	ATAI ATA	Initiated Coverage	$17.00		Outperform	N/A
7/13/2021	AMAM Ambrx Biopharma	Initiated Coverage	$22.00	$21.30	Outperform	High
7/12/2021	TBLA Taboola.com	Initiated Coverage	$10.00	$14.00	Outperform	Low
7/9/2021	RMNI Rimini Street	Reiterated Rating	$8.00	$13.50	Buy	Low
7/9/2021	PEP PepsiCo	Reiterated Rating	$157.00	$165.00	Buy	Low
7/8/2021	ELMS Electric Last Mile Solutions	Initiated Coverage	$9.00		Outperform	High
7/7/2021	VWE Vintage Wine Estates	Initiated Coverage	$11.00	$15.00	Outperform	High
7/7/2021	FLS Flowserve	Upgrade	$42.00	$40.00 ➝ $48.00	Market Perform ➝ Outperform	Medium
7/7/2021	SPCE Virgin Galactic	Boost Price Target	$30.00	$23.00 ➝ $51.00	Positive ➝ Outperform	Low
7/7/2021	BHVN Biohaven Pharmaceutical	Boost Price Target	$127.00	$90.00 ➝ $130.00	Outperform	High
7/6/2021	TALK Italk	Initiated Coverage	$6.00	$13.00	Outperform	High
7/6/2021	JANX Janux Therapeutics	Initiated Coverage	$31.00		Outperform	High
7/6/2021	MNDY monday.com	Initiated Coverage	$205.00	$275.00	Outperform	Low
7/2/2021	IKNA Ikena Oncology	Reiterated Rating	$11.00		Buy	High
7/2/2021	SKYT SkyWater Technology	Initiated Coverage	$27.00		Buy	Medium
7/1/2021	UBER Uber Technologies	Boost Price Target	$47.00	$76.00 ➝ $80.00	Outperform	Medium
7/1/2021	LYFT Lyft	Boost Price Target	$55.00	$72.00 ➝ $76.00	Outperform	Low
7/1/2021	APLS Apellis Pharmaceuticals	Boost Price Target	$68.00	$60.00 ➝ $70.00	Outperform	High
6/30/2021	DKS DICK'S Sporting Goods	Boost Price Target	$104.00	$147.00	Outperform	Medium
6/30/2021	ZS Zscaler	Boost Price Target	$239.00	$225.00 ➝ $255.00	Outperform	Medium
6/28/2021	PSFE Paysafe	Initiated Coverage	$11.00	$15.00	Outperform	High
6/28/2021	PAYX Paychex	Boost Price Target	$112.00	$96.00 ➝ $106.00	Positive ➝ Market Perform	Medium
6/28/2021	GD General Dynamics	Boost Price Target	$192.00	$225.00 ➝ $230.00	Outperform	Low
6/25/2021	NKE NIKE	Boost Price Target	$166.00	$145.00 ➝ $181.00	Outperform	High
6/25/2021	ACN Accenture	Boost Price Target	$319.00	$305.00 ➝ $316.00	Outperform	High
6/24/2021	LLY Eli Lilly and	Boost Price Target	$244.00	$235.00 ➝ $250.00	Positive ➝ Outperform	High
6/24/2021	EQIX Equinix	Boost Price Target	$833.00	$790.00 ➝ $890.00	Outperform	High
6/23/2021	CHPT ChargePoint	Boost Price Target	$23.00	$37.00 ➝ $39.00	Outperform	Low
6/23/2021	VZ Verizon Communications	Reiterated Rating	$56.00		Buy	Low
6/23/2021	DOMO Domo	Boost Price Target	$90.00	$89.00 ➝ $100.00	Outperform	High
6/22/2021	SBH Sally Beauty	Upgrade	$22.00	$30.00	Market Perform ➝ Outperform	High
6/22/2021	SPR Spirit AeroSystems	Boost Price Target	$43.00	$60.00 ➝ $70.00	Outperform	High
6/22/2021	HUBG Hub Group	Boost Price Target	$65.00	$77.00 ➝ $83.00	Outperform	Low
6/21/2021	BFLY Butterfly Network	Initiated Coverage	$11.00	$20.00	Outperform	High
6/21/2021	BFLY Butterfly Network	Initiated Coverage	$11.00	$20.00	Outperform	Medium
6/21/2021	DAWN Day One Biopharmaceuticals	Initiated Coverage	$23.00		Outperform	Medium
6/21/2021	OMIC Singular Genomics Systems	Initiated Coverage	$20.00		Outperform	High
6/21/2021	FIGS FIGS	Initiated Coverage	$40.00	$43.00	Outperform	High
6/21/2021	FTNT Fortinet	Boost Price Target	$276.00	$250.00 ➝ $270.00	Outperform	Low
6/18/2021	ORPH Orphazyme A/S	Downgrade	$5.00		Outperform ➝ Market Perform	Low
6/18/2021	SWBI Smith & Wesson Brands	Boost Price Target	$23.00	$24.00 ➝ $30.50	Outperform	High
6/18/2021	TMDX TransMedics Group	Reiterated Rating	$30.00	$49.00	Buy	High
6/18/2021	MTSI MACOM Technology Solutions	Boost Price Target	$60.00	$70.00 ➝ $75.00	Outperform	High
6/18/2021	ADBE Adobe	Boost Price Target	$626.00	$600.00 ➝ $650.00	Outperform	Low
6/17/2021	FTI TechnipFMC	Boost Price Target	$7.00	$11.00 ➝ $12.00	Outperform	High
6/17/2021	BCRX BioCryst Pharmaceuticals	Boost Price Target	$17.00	$18.00 ➝ $21.00	Outperform	Low
6/17/2021	PNR Pentair	Boost Price Target	$68.00	$75.00 ➝ $80.00	Outperform	High
6/16/2021	CONE CyrusOne	Downgrade	$73.00	$80.00	Outperform ➝ Market Perform	High
6/16/2021	WING Wingstop	Boost Price Target	$170.00	$170.00 ➝ $175.00	Outperform	Low
6/8/2021	VERA Vera Therapeutics	Initiated Coverage	$18.00		Outperform	High
6/8/2021	MRVL Marvell Technology	Boost Price Target	$59.00	$46.00 ➝ $50.00	Market Perform	High
6/7/2021	QTS QTS Realty Trust	Downgrade	$78.00	$78.00	Outperform ➝ Market Perform	Low
6/7/2021	BIIB Biogen	Upgrade	$325.00	$225.00 ➝ $450.00	Market Perform ➝ Outperform	High
6/4/2021	WKHS Workhorse Group	Downgrade	$11.00	$13.00	Outperform ➝ Market Perform	High
6/3/2021	OGN Organon & Co.	Initiated Coverage	$30.00	$40.00	Market Perform	Low
6/3/2021	CNST Constellation Pharmaceuticals	Downgrade	$34.00		Outperform ➝ Market Perform	Medium
6/3/2021	NTAP NetApp	Boost Price Target	$78.00	$68.00 ➝ $76.00	Market Perform	High
6/2/2021	WEED Canopy Growth	Lower Price Target	C$25.00	C$44.00 ➝ C$39.00	Buy	N/A
6/2/2021	VMEO Vimeo	Initiated Coverage	$44.00	$56.00	Outperform	Medium