Guggenheim Stock Recommendations and Price Targets

This is a list of recent ratings by Guggenheim.

Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
SQ Square	Upgrade	$234.00	$288.00	Neutral ➝ Buy	N/A
BOLT Bolt Biotherapeutics	Initiated Coverage	$32.00	$42.00	Buy	N/A
SHLS Shoals Technologies Group	Initiated Coverage	$34.00	$48.00	Buy	Low
ALNY Alnylam Pharmaceuticals	Reiterated Rating	$144.00	$162.00	Buy ➝ Neutral	Low
AKRO Akero Therapeutics	Initiated Coverage	$32.00	$54.00	Buy	Low
SQ Square	Upgrade	$234.00	$288.00	Neutral ➝ Buy	High
SHLS Shoals Technologies Group	Initiated Coverage	$34.00	$48.00	Buy	High
ALNY Alnylam Pharmaceuticals	Downgrade	$144.00	$162.00	Buy ➝ Neutral	Medium
KAR KAR Auction Services	Downgrade	$14.00	$11.00	Neutral ➝ Sell	Low
ALT Altimmune	Initiated Coverage	$14.00	$36.00 ➝ $36.00	Buy	Low
TWTR Twitter	Boost Price Target	$71.00	$48.00 ➝ $60.00	Neutral	Low
VIE Viela Bio	Downgrade	$53.00		Buy ➝ Neutral	Low
SAM The Boston Beer	Boost Price Target	$1,023.00	$1,379.00 ➝ $1,400.00	Buy	Low
PASG Passage Bio	Initiated Coverage	$20.00	$25.00	Buy	High
AMZN Amazon.com	Boost Price Target	$3,005.00	$3,600.00 ➝ $4,000.00	Buy	High
PHAT Phathom Pharmaceuticals	Initiated Coverage	$46.00	$60.00	Buy	N/A
PEIX Alto Ingredients	Initiated Coverage	$7.00	$11.00	Buy	Low
AIRC Apartment Income REIT	Initiated Coverage	$42.00	$63.00	Buy	Low
AMRC Ameresco	Initiated Coverage	$53.00	$63.00	Buy	Medium
GDRX GoodRx	Initiated Coverage	$44.00	$52.00	Buy	High
SCYX SCYNEXIS	Initiated Coverage	$9.00	$25.00	Buy	High
HE Hawaiian Electric Industries	Downgrade	$36.00	$30.00	Neutral ➝ Sell	High
SR Spire	Upgrade	$67.00	$72.00	Neutral ➝ Buy	Low
ALE ALLETE	Downgrade	$63.00	$66.00	Buy ➝ Neutral	High
AEP American Electric Power	Upgrade	$76.00	$93.00 ➝ $93.00	Neutral ➝ Buy	Low
RH RH	Boost Price Target	$460.00	$525.00 ➝ $650.00	Buy	Low
FIVE Five Below	Boost Price Target	$192.00	$180.00 ➝ $215.00	Buy	Low
HD The Home Depot	Upgrade	$257.00	$310.00	Neutral ➝ Buy	Medium
WBA Walgreens Boots Alliance	Upgrade	$48.00	$55.00	Neutral ➝ Buy	High
WU The Western Union	Upgrade	$24.00		Neutral ➝ Buy	Low
LEA Lear	Downgrade	$171.00		Buy ➝ Neutral	High
QURE uniQure	Upgrade	$35.00	$62.00	Neutral ➝ Buy	N/A
CHNG Change Healthcare	Downgrade	$23.00		Buy ➝ Neutral	N/A
KO The Coca-Cola	Downgrade	$50.00		Buy ➝ Neutral	N/A
GILD Gilead Sciences	Upgrade	$63.00		Neutral ➝ Buy	N/A
SAGE Sage Therapeutics	Upgrade	$76.00		Neutral ➝ Buy	N/A
INCY Incyte	Upgrade	$76.00		Neutral ➝ Buy	N/A
SYK Stryker	Initiated Coverage	$243.00		Neutral	N/A
ARGX argenx	Downgrade	$316.00		Buy ➝ Neutral	N/A
NVRO Nevro	Boost Price Target	$162.00	$190.00 ➝ $205.00	Buy	N/A
LEVI Levi Strauss & Co.	Boost Price Target	$24.00	$20.00 ➝ $24.00	Buy	N/A
RVLV Revolve Group	Boost Price Target	$45.00	$28.00 ➝ $35.00	Buy	N/A
TPR Tapestry	Boost Price Target	$42.00	$27.00 ➝ $35.00	Buy	N/A
KSS Kohl's	Boost Price Target	$58.00	$40.00 ➝ $45.00	Buy	N/A
KTB Kontoor Brands	Boost Price Target	$49.00	$40.00 ➝ $46.00	Buy	N/A
CPRI Capri	Boost Price Target	$48.00	$28.00 ➝ $48.00	Buy	N/A
TJX The TJX Companies	Boost Price Target	$64.00	$70.00 ➝ $78.00	Buy	N/A
PVH PVH	Boost Price Target	$104.00	$100.00 ➝ $110.00	Buy	N/A
HMSY HMS	Downgrade	$37.00		Buy ➝ Neutral	High
AMRX Amneal Pharmaceuticals	Upgrade	$5.00	$5.50	Neutral ➝ Buy	Low
FWONA Formula One Group	Initiated Coverage	$39.00	$47.00	Buy	Low
DISH DISH Network	Downgrade	$34.00		Buy ➝ Neutral	Medium
NUAN Nuance Communications	Upgrade	$43.00		Neutral ➝ Buy	Low
TVTY Tivity Health	Upgrade	$23.00		Neutral ➝ Buy	High
LESL Leslie's	Initiated Coverage	$22.00	$22.00	Neutral	High
HQY HealthEquity	Downgrade	$78.00		Buy ➝ Neutral	Medium
AEP American Electric Power	Upgrade	$76.00		Sell ➝ Neutral	Low
VRT Vertiv	Initiated Coverage	$21.00	$21.00	Buy	Low
ALC Alcon	Downgrade	$68.00		Buy ➝ Neutral	N/A
PDCO Patterson Companies	Downgrade	$30.00		Buy ➝ Neutral	Low
ARNA Arena Pharmaceuticals	Lower Price Target	$73.00	$115.00 ➝ $105.00	Buy	High
MRTX Mirati Therapeutics	Downgrade	$189.00	$230.00	Buy ➝ Neutral	Low
ARRY Array Technologies	Initiated Coverage	$37.00	$54.00	Buy	N/A
DMAC DiaMedica Therapeutics	Initiated Coverage	$9.00	$16.00	Buy	High
KHC The Kraft Heinz	Upgrade	$38.00	$34.00 ➝ $35.00	Neutral ➝ Buy	High
ASO Academy Sports and Outdoors	Initiated Coverage	$25.00	$17.00	Buy	Medium
ORPH Orphazyme A/S	Initiated Coverage	$13.00	$27.00	Buy	Medium
EXC Exelon	Downgrade	$40.00	$46.00 ➝ $42.00	Buy ➝ Neutral	Low
BIGC BigCommerce	Initiated Coverage	$61.00	$65.00	Sell	Medium
AMWL American Well	Initiated Coverage	$23.00		Neutral	Low
AXNX Axonics Modulation Technologies	Initiated Coverage	$56.00	$77.00	Buy	High
SSP The E.W. Scripps	Initiated Coverage	$21.00		Buy	Low
AXGN AxoGen	Initiated Coverage	$22.00	$24.00	Buy	Low
XRAY DENTSPLY SIRONA	Upgrade	$60.00		Neutral ➝ Buy	High
NVRO Nevro	Initiated Coverage	$162.00	$190.00	Buy	Low
MNST Monster Beverage	Boost Price Target	$85.00	$87.00 ➝ $90.00	Buy	Low
BMY Bristol-Myers Squibb	Upgrade	$61.00	$70.00	Neutral ➝ Buy	Medium
MDLZ Mondelez International	Downgrade	$53.00		Buy ➝ Neutral	Low
VC Visteon	Upgrade	$129.00		Neutral ➝ Buy	High
LEA Lear	Upgrade	$171.00		Neutral ➝ Buy	Low
ANAB AnaptysBio	Upgrade	$29.00	$36.00	Neutral ➝ Buy	High
ILMN Illumina	Downgrade	$416.00		Buy ➝ Neutral	Medium
IMVT Immunovant	Initiated Coverage	$14.00	$63.00	Buy	Medium
TAP Molson Coors Beverage	Boost Price Target	$45.00	$58.00 ➝ $62.00	Buy	Low
BILL Bill.com	Initiated Coverage	$156.00	$115.00	Buy	Low
IMGN ImmunoGen	Upgrade	$9.00	$14.00	Neutral ➝ Buy	High
SLNO Soleno Therapeutics	Initiated Coverage	$3.00	$8.00	Buy	High
SNAP Snap	Upgrade	$60.00	$22.00 ➝ $28.00	Neutral ➝ Buy	Low
PINS Pinterest	Initiated Coverage	$74.00	$48.00	Buy	Low
SPOT Spotify Technology	Upgrade	$300.00	$250.00	Sell ➝ Neutral	Medium
NFLX Netflix	Boost Price Target	$521.00	$530.00 ➝ $570.00	Buy	Medium
SAM The Boston Beer	Boost Price Target	$1,023.00	$977.00 ➝ $1,142.00	Buy	Low
NKE NIKE	Boost Price Target	$134.00	$150.00 ➝ $165.00	Buy	High
FPRX Five Prime Therapeutics	Upgrade	$21.00	$11.00	Neutral ➝ Buy	High
CTMX CytomX Therapeutics	Downgrade	$8.00		Buy ➝ Neutral	Low
POR Portland General Electric	Upgrade	$42.00		Neutral ➝ Buy	Medium
EIDX Eidos Therapeutics	Downgrade	$122.00		Buy ➝ Neutral	High
ILMN Illumina	Upgrade	$416.00	$345.00	Neutral ➝ Buy	High
KHC The Kraft Heinz	Upgrade	$38.00	$30.00 ➝ $34.00	Sell ➝ Neutral	High
KYMR Kymera Therapeutics	Initiated Coverage	$45.00	$42.00	Buy	High