KGI Securities Stock Recommendations and Price Targets

This is a list of recent ratings by KGI Securities.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
12/4/2023	ADBE Adobe	Upgrade	$605.00	$730.00	Neutral ➝ Outperform	Low
8/24/2023	SE SEA	Downgrade	$38.00	$42.00	Outperform ➝ Neutral	Low
6/12/2023	TSLA Tesla	Upgrade	$236.00		Neutral ➝ Outperform	Low
6/7/2023	PACB Pacific Biosciences of California	Initiated Coverage	$9.00		Outperform	Low
5/9/2023	QRVO Qorvo	Upgrade	$98.00		Neutral ➝ Outperform	Low
3/29/2023	TSM Taiwan Semiconductor Manufacturing	Initiated Coverage	$97.00		Outperform	Low
3/29/2023	LULU Lululemon Athletica	Upgrade	$461.00		Neutral ➝ Outperform	Low
3/14/2023	DELL Dell Technologies	Upgrade	$69.00		Neutral ➝ Outperform	Low
3/8/2023	ZS Zscaler	Downgrade	$198.00		Outperform ➝ Neutral	Low
3/2/2023	TSLA Tesla	Downgrade	$236.00	$196.00	Outperform ➝ Neutral	Low
3/1/2023	AMAT Applied Materials	Upgrade	$148.00		Neutral ➝ Outperform	Low
3/1/2023	KLAC KLA	Downgrade	$540.00		Outperform ➝ Neutral	Low
3/1/2023	LRCX Lam Research	Upgrade	$710.00		Neutral ➝ Outperform	Low
2/24/2023	BABA Alibaba Group	Upgrade	$73.00		Neutral ➝ Outperform	Low
2/22/2023	CMCSA Comcast	Downgrade	$43.00		Outperform ➝ Neutral	Low
1/10/2023	NKE NIKE	Upgrade	$115.00		Neutral ➝ Outperform	Low
12/9/2022	PDD PDD	Upgrade	$143.00		Neutral ➝ Outperform	Low
11/30/2022	SWKS Skyworks Solutions	Upgrade	$99.00		Neutral ➝ Outperform	Low
11/4/2022	EYUUF Electricity Generating	Downgrade	$8.00		Outperform ➝ Neutral	Low
10/28/2022	INTC Intel	Upgrade	$42.00		Underperform ➝ Neutral	N/A
10/24/2022	TCEHY Tencent	Downgrade	$41.00		Outperform ➝ Neutral	Low
10/24/2022	BIDU Baidu	Downgrade	$114.00		Outperform ➝ Neutral	Low
10/19/2022	NFLX Netflix	Upgrade	$454.00		Neutral ➝ Outperform	N/A
10/18/2022	HPE Hewlett Packard Enterprise	Downgrade	$17.00		Outperform ➝ Neutral	N/A
10/18/2022	INTC Intel	Downgrade	$42.00		Neutral ➝ Underperform	N/A
10/18/2022	NXPI NXP Semiconductors	Downgrade	$206.00		Outperform ➝ Neutral	N/A
9/2/2022	ADBE Adobe	Initiated Coverage	$605.00		Neutral	Low
8/31/2022	CSCO Cisco Systems	Upgrade	$48.00		Neutral ➝ Outperform	Low
8/5/2022	SHOP Shopify	Downgrade	$73.00		Outperform ➝ Neutral	Low
8/3/2022	AMD Advanced Micro Devices	Upgrade	$119.00	$125.00	Neutral ➝ Outperform	Low
7/27/2022	LNNGF Li Ning	Upgrade	$3.00		Underperform ➝ Outperform	Low
7/27/2022	ANPDY ANTA Sports Products	Upgrade	$244.00		Neutral ➝ Outperform	Low
7/15/2022	CSCO Cisco Systems	Downgrade	$48.00		Outperform ➝ Neutral	Low
6/6/2022	GRAB Grab	Initiated Coverage	$3.00		Neutral	Low
6/6/2022	MELI MercadoLibre	Initiated Coverage	$1,600.00		Outperform	Low
5/23/2022	DIS Walt Disney	Initiated Coverage	$92.00	$145.00	Outperform	High
5/23/2022	NKE NIKE	Downgrade	$115.00		Outperform ➝ Neutral	Low
5/23/2022	LULU Lululemon Athletica	Downgrade	$461.00		Outperform ➝ Neutral	Low
5/19/2022	CSCO Cisco Systems	Upgrade	$48.00		Neutral ➝ Outperform	High
4/20/2022	NFLX Netflix	Downgrade	$454.00	$350.00	Outperform ➝ Neutral	High
4/19/2022	HPE Hewlett Packard Enterprise	Initiated Coverage	$17.00		Outperform	Medium
4/19/2022	DELL Dell Technologies	Initiated Coverage	$69.00		Neutral	Medium
4/1/2022	QRVO Qorvo	Downgrade	$98.00	$140.00	Outperform ➝ Neutral	High
3/24/2022	BILI Bilibili	Downgrade	$12.00		Outperform ➝ Neutral	Medium
2/8/2022	META Meta Platforms	Reiterated Rating	$320.00	$270.00	Outperform ➝ Neutral	Medium
12/7/2021	MRVL Marvell Technology	Initiated Coverage	$52.00		Outperform	High
11/22/2021	DASH DoorDash	Upgrade	$98.00		Neutral ➝ Outperform	High
11/8/2021	ZS Zscaler	Upgrade	$198.00		Neutral ➝ Outperform	High
10/28/2021	ASX ASE Technology	Downgrade	$9.00		Outperform ➝ Neutral	Medium
10/27/2021	ASMVY ASMPT	Downgrade	$30.00		Outperform ➝ Neutral	Low
10/27/2021	LNNGY Li Ning	Downgrade	$66.00		Neutral ➝ Underperform	Medium
10/27/2021	ANPDY ANTA Sports Products	Downgrade	$244.00		Neutral ➝ Underperform	Low
10/15/2021	KLAC KLA	Upgrade	$540.00		Neutral ➝ Outperform	Medium
9/6/2021	MPNGF Meituan	Initiated Coverage	$11.00		Neutral	Medium
9/6/2021	TCEHY Tencent	Initiated Coverage	$41.00		Outperform	High
9/6/2021	BILI Bilibili	Initiated Coverage	$12.00		Outperform	High
9/6/2021	BIDU Baidu	Initiated Coverage	$114.00		Neutral	Medium
9/6/2021	BABA Alibaba Group	Initiated Coverage	$73.00		Neutral	High
8/26/2021	CRM Salesforce	Upgrade	$251.00	$330.00	Neutral ➝ Outperform	Low
8/2/2021	TSLA Tesla	Initiated Coverage	$236.00	$285.00	Outperform	Medium
7/6/2021	GPS GAP	Initiated Coverage	$21.00		Outperform	High
7/6/2021	NKE NIKE	Initiated Coverage	$115.00		Outperform	Low
7/6/2021	LULU Lululemon Athletica	Initiated Coverage	$461.00		Outperform	Low
7/2/2021	ZS Zscaler	Initiated Coverage	$198.00		Hold	Low
7/2/2021	OKTA Okta	Initiated Coverage	$72.00		Hold	Low
7/1/2021	NET Cloudflare	Initiated Coverage	$80.00		Outperform	Medium
7/1/2021	CRWD CrowdStrike	Initiated Coverage	$237.00		Outperform	Low
6/29/2021	QCOM QUALCOMM	Initiated Coverage	$130.00		Outperform	High
6/29/2021	SWKS Skyworks Solutions	Initiated Coverage	$99.00		Neutral	High
6/24/2021	DASH DoorDash	Initiated Coverage	$98.00		Hold	Low
6/2/2021	GOOGL Alphabet	Initiated Coverage	$129.00	$150.00	Outperform	Low
6/2/2021	CRM Salesforce	Initiated Coverage	$251.00	$280.00	Neutral	Low
6/2/2021	META Meta Platforms	Initiated Coverage	$320.00	$420.00	Outperform	Low
6/2/2021	GOOG Alphabet	Initiated Coverage	$131.00		Outperform	Low
6/1/2021	MSFT Microsoft	Initiated Coverage	$369.00	$300.00	Outperform	Low
6/1/2021	NFLX Netflix	Initiated Coverage	$454.00		Neutral	Low