Macquarie Stock Recommendations and Price Targets

This is a list of recent ratings by Macquarie.

Date	Company Name	Action	Current Price	Price Target	Rating
12/4/2025	CRM Salesforce	Boost Price Target	$247.00	$250.00 ➝ $265.00	Neutral ➝ Neutral
12/3/2025	CRWD CrowdStrike	Reiterated Rating	$516.00	$485.00	Neutral ➝ Neutral
12/3/2025	GTLB GitLab	Downgrade	$38.00	$70.00 ➝ $40.00	Outperform ➝ Neutral
12/2/2025	MDB MongoDB	Boost Price Target	$397.00	$305.00 ➝ $385.00	Neutral ➝ Neutral
11/26/2025	HCSG Healthcare Services Group	Reiterated Rating	$19.00		Buy ➝ Buy
11/26/2025	WDAY Workday	Reiterated Rating	$216.00		Buy ➝ Buy
11/26/2025	CLSK Cleanspark	Lower Price Target	$15.00	$30.00 ➝ $27.00	Outperform ➝ Outperform
11/26/2025	ADSK Autodesk	Boost Price Target	$305.00	$380.00 ➝ $400.00	Outperform ➝ Outperform
11/25/2025	NIO NIO	Set Price Target	$5.00	$5.30
11/25/2025	BABA Alibaba Group	Reiterated Rating	$157.00		Outperform ➝ Outperform
11/25/2025	ATAT Atour Lifestyle	Boost Price Target	$43.00	$39.00 ➝ $44.00	Outperform ➝ Outperform
11/25/2025	BABA Alibaba Group	Set Price Target	$157.00	$195.00
11/25/2025	NOW ServiceNow	Initiated Coverage	$837.00	$860.00	Neutral
11/25/2025	NOW ServiceNow	Downgrade	$837.00	$860.00	Strong-Buy ➝ Hold
11/25/2025	NIO NIO	Downgrade	$5.00	$6.70 ➝ $5.30	Outperform ➝ Neutral
11/14/2025	BALY Bally's	Boost Price Target	$17.00	$12.00 ➝ $17.00	Neutral ➝ Neutral
11/14/2025	GAMB Gambling.com Group	Lower Price Target	$5.00	$14.00 ➝ $9.00	Outperform ➝ Outperform
11/12/2025	FRMI Fermi	Reiterated Rating	$16.00	$35.00	Outperform ➝ Outperform
11/11/2025	CRWV CoreWeave	Lower Price Target	$87.00	$140.00 ➝ $115.00	Neutral ➝ Neutral
11/11/2025	KVYO Klaviyo	Lower Price Target	$30.00	$37.00 ➝ $30.00	Neutral ➝ Neutral
11/11/2025	PLNT Planet Fitness	Boost Price Target	$108.00	$105.00 ➝ $110.00	Neutral ➝ Neutral
11/11/2025	PTON Peloton Interactive	Boost Price Target	$7.00	$11.00 ➝ $12.00	Outperform ➝ Outperform
11/10/2025	DKNG DraftKings	Lower Price Target	$35.00	$50.00 ➝ $48.00	Outperform ➝ Outperform
11/7/2025	U Unity Software	Upgrade	$44.00	$33.00 ➝ $50.00	Neutral ➝ Outperform
11/7/2025	DDOG Datadog	Boost Price Target	$153.00	$175.00 ➝ $220.00	Outperform ➝ Outperform
11/6/2025	GDS GDS	Set Price Target	$34.00	$46.70
11/6/2025	GDS GDS	Initiated Coverage	$34.00		Outperform
11/5/2025	SGHC Super Group (SGHC)	Reiterated Rating	$11.00	$19.00	Outperform ➝ Outperform
11/5/2025	GENI Genius Sports	Reiterated Rating	$11.00	$15.00	Outperform ➝ Outperform
11/5/2025	ACEL Accel Entertainment	Reiterated Rating	$10.00	$16.00	Outperform ➝ Outperform
11/5/2025	CRSR Corsair Gaming	Lower Price Target	$7.00	$12.00 ➝ $10.00	Outperform ➝ Outperform
11/4/2025	RBLX Roblox	Boost Price Target	$96.00	$158.00 ➝ $164.00	Outperform ➝ Outperform
11/3/2025	TEAM Atlassian	Lower Price Target	$156.00	$250.00 ➝ $240.00	Outperform ➝ Outperform
10/31/2025	ZS Zscaler	Initiated Coverage	$243.00	$390.00	Outperform
10/31/2025	CORZ Core Scientific	Upgrade	$17.00	$18.00 ➝ $34.00	Hold ➝ Outperform
10/31/2025	MA Mastercard	Boost Price Target	$540.00	$655.00 ➝ $660.00	Outperform ➝ Outperform
10/29/2025	PYPL PayPal	Boost Price Target	$61.00	$95.00 ➝ $100.00	Outperform ➝ Outperform
10/29/2025	RRR Red Rock Resorts	Boost Price Target	$56.00	$67.00 ➝ $68.00	Outperform ➝ Outperform
10/29/2025	CZR Caesars Entertainment	Lower Price Target	$23.00	$40.00 ➝ $33.00	Outperform ➝ Outperform
10/29/2025	V Visa	Lower Price Target	$325.00	$425.00 ➝ $410.00	Outperform ➝ Outperform
10/28/2025	NJDCY Nidec	Downgrade	$3.00		Strong-Buy ➝ Hold
10/27/2025	FRMI Fermi	Initiated Coverage	$16.00	$35.00	Outperform
10/24/2025	BYD Boyd Gaming	Reiterated Rating	$81.00	$90.00	Neutral ➝ Neutral
10/24/2025	CHDN Churchill Downs	Reiterated Rating	$112.00	$155.00	Outperform ➝ Outperform
10/23/2025	LVS Las Vegas Sands	Boost Price Target	$66.00	$62.00 ➝ $64.00	Outperform ➝ Outperform
10/22/2025	IREN IREN	Boost Price Target	$46.00	$86.00	Outperform ➝ Outperform
10/22/2025	CLSK Cleanspark	Boost Price Target	$15.00	$20.00 ➝ $30.00	Outperform ➝ Outperform
10/22/2025	CIFR Cipher Mining	Boost Price Target	$20.00	$16.00 ➝ $27.00	Outperform ➝ Outperform
10/22/2025	RIOT Riot Platforms	Boost Price Target	$16.00	$22.00 ➝ $30.00	Outperform ➝ Outperform
10/22/2025	MARA Marathon Digital	Boost Price Target	$13.00	$26.00 ➝ $29.00	Outperform ➝ Outperform
10/17/2025	MH McGraw Hill	Reiterated Rating	$17.00	$19.00	Outperform ➝ Outperform
10/16/2025	CRM Salesforce	Reiterated Rating	$247.00	$250.00	Neutral ➝ Neutral
10/14/2025	BILI Bilibili	Initiated Coverage	$26.00	$36.03	Outperform
10/14/2025	BILI Bilibili	Initiated Coverage	$26.00	$36.03	Outperform
10/13/2025	BITF Bitfarms	Reiterated Rating	$3.00		Outperform ➝ Outperform
10/10/2025	BIDU Baidu	Upgrade	$119.00	$91.00 ➝ $176.00	Neutral ➝ Outperform
10/2/2025	MGM MGM Resorts International	Lower Price Target	$35.00	$48.00 ➝ $46.00	Outperform ➝ Outperform
9/29/2025	CRWV CoreWeave	Boost Price Target	$87.00	$115.00 ➝ $140.00	Neutral ➝ Neutral
9/29/2025	CORZ Core Scientific	Boost Price Target	$17.00	$15.00 ➝ $18.00	Neutral ➝ Neutral
9/29/2025	CIFR Cipher Mining	Boost Price Target	$20.00	$8.00 ➝ $16.00	Outperform ➝ Outperform
9/29/2025	RIOT Riot Platforms	Boost Price Target	$16.00	$17.00 ➝ $22.00	Outperform ➝ Outperform
9/29/2025	IREN IREN	Boost Price Target	$46.00	$33.00 ➝ $55.00	Outperform ➝ Outperform
9/26/2025	WYFI WhiteFiber	Boost Price Target	$21.00	$28.00 ➝ $32.00	Outperform ➝ Outperform
9/22/2025	JMHLY Jardine Matheson	Upgrade	$67.00		Hold ➝ Strong-Buy
9/19/2025	CRWD CrowdStrike	Boost Price Target	$516.00	$465.00 ➝ $485.00	Neutral ➝ Neutral
9/18/2025	MDB MongoDB	Boost Price Target	$397.00	$265.00 ➝ $305.00	Neutral ➝ Neutral
9/17/2025	DPMLF DPM Metals	Upgrade	$28.00		Strong-Buy
9/17/2025	DPM Dundee Precious Metals	Upgrade	C$39.00		Strong-Buy
9/15/2025	AVGO Broadcom	Initiated Coverage	$380.00	$420.00	Outperform
9/15/2025	SGHC Super Group (SGHC)	Initiated Coverage	$11.00	$17.00	Outperform
9/5/2025	LKNCY Luckin Coffee	Set Price Target	$36.00	$52.00
9/5/2025	CHA Chagee	Initiated Coverage	$14.00	$19.00	Neutral
9/4/2025	LKNCY Luckin Coffee	Initiated Coverage	$36.00		Outperform
9/4/2025	GTLB GitLab	Reiterated Rating	$38.00	$75.00	Outperform ➝ Outperform
9/4/2025	CRM Salesforce	Reiterated Rating	$247.00	$290.00	Neutral ➝ Neutral
9/2/2025	WYFI WhiteFiber	Initiated Coverage	$21.00	$28.00	Outperform
9/2/2025	NEM Newmont	Downgrade	$90.00		Strong-Buy ➝ Hold
9/2/2025	NGT Newmont	Downgrade	C$116.00		Strong-Buy ➝ Hold
9/1/2025	NEM Newmont	Reiterated Rating	$90.00	$72.00	Outperform ➝ Neutral
8/29/2025	ADSK Autodesk	Boost Price Target	$305.00	$360.00 ➝ $380.00	Outperform ➝ Outperform
8/29/2025	CRWD CrowdStrike	Reiterated Rating	$516.00	$465.00	Neutral ➝ Neutral
8/29/2025	IREN IREN	Boost Price Target	$46.00	$20.00 ➝ $33.00	Outperform ➝ Outperform
8/28/2025	SNOW Snowflake	Boost Price Target	$235.00	$210.00 ➝ $235.00	Neutral ➝ Neutral
8/27/2025	MDB MongoDB	Boost Price Target	$397.00	$230.00 ➝ $265.00	Neutral ➝ Neutral
8/25/2025	PDD PDD	Set Price Target	$116.00	$165.00	Outperform ➝ Outperform
8/22/2025	LI Li Auto	Downgrade	$18.00	$28.00 ➝ $21.00	Neutral ➝ Underperform
8/19/2025	CORZ Core Scientific	Reiterated Rating	$17.00	$15.00	Neutral ➝ Neutral
8/18/2025	MH McGraw Hill	Initiated Coverage	$17.00	$19.00	Outperform
8/15/2025	XPEV XPeng	Boost Price Target	$20.00	$24.00 ➝ $25.00	Outperform ➝ Outperform
8/14/2025	PTON Peloton Interactive	Boost Price Target	$7.00	$10.00 ➝ $11.00	Outperform ➝ Outperform
8/13/2025	CRWV CoreWeave	Boost Price Target	$87.00	$65.00 ➝ $115.00	Neutral ➝ Neutral
8/12/2025	SE SEA	Reiterated Rating	$135.00	$178.20 ➝ $219.90	Outperform ➝ Outperform
8/12/2025	TME Tencent Music Entertainment Group	Set Price Target	$19.00	$29.80	Outperform ➝ Outperform
8/12/2025	XYZ Block	Boost Price Target	$62.00	$50.00 ➝ $67.00	Neutral ➝ Neutral
8/12/2025	BALY Bally's	Lower Price Target	$17.00	$14.00 ➝ $12.00	Neutral ➝ Neutral
8/11/2025	TJX TJX Companies	Reiterated Rating	$150.00		Buy ➝ Buy
8/8/2025	GDEN Golden Entertainment	Lower Price Target	$28.00	$38.00 ➝ $37.00	Outperform ➝ Outperform
8/8/2025	CIFR Cipher Mining	Boost Price Target	$20.00	$6.00 ➝ $8.00	Outperform ➝ Outperform
8/8/2025	CLSK Cleanspark	Boost Price Target	$15.00	$18.00 ➝ $20.00	Outperform ➝ Outperform
8/8/2025	FLL Full House Resorts	Reiterated Rating	$3.00	$4.00	Neutral ➝ Neutral