Macquarie Stock Recommendations and Price Targets

This is a list of recent ratings by Macquarie.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
4/24/2024	HLT Hilton Worldwide	Reiterated Rating	$205.00	$192.00 ➝ $192.00	Neutral ➝ Neutral	Low
4/24/2024	V Visa	Boost Price Target	$275.00	$290.00 ➝ $300.00	Outperform ➝ Outperform	Low
4/22/2024	ATAT Atour Lifestyle	Initiated Coverage	$18.00	$26.00	Outperform	Low
4/22/2024	SPOT Spotify Technology	Boost Price Target	$281.00	$300.00 ➝ $330.00	Outperform ➝ Outperform	Low
4/19/2024	HTHT H World Group	Initiated Coverage	$39.00	$48.00	Outperform	Low
4/18/2024	MCRI Monarch Casino & Resort	Boost Price Target	$69.00	$75.00 ➝ $76.00	Neutral ➝ Neutral	Low
4/16/2024	NFLX Netflix	Boost Price Target	$555.00	$595.00 ➝ $685.00	Outperform ➝ Outperform	Low
4/15/2024	XIACF Xiaomi	Initiated Coverage	$2.00		Outperform	Low
4/15/2024	NIO NIO	Initiated Coverage	$4.00	$5.00	Neutral	Low
4/15/2024	XPEV XPeng	Initiated Coverage	$7.00	$7.00	Neutral	Low
4/15/2024	LI Li Auto	Initiated Coverage	$24.00	$40.00	Outperform ➝ Outperform	Low
4/15/2024	BYDDY BYD	Initiated Coverage	$51.00		Outperform	Low
4/10/2024	CNTY Century Casinos	Upgrade	$3.00		Neutral ➝ Outperform	Low
4/2/2024	OMC Omnicom Group	Boost Price Target	$96.00	$100.00 ➝ $110.00	Outperform	Low
3/28/2024	CCL Carnival Co. &	Boost Price Target	$15.00	$22.00 ➝ $24.00	Outperform ➝ Outperform	Low
3/25/2024	CART Maplebear	Initiated Coverage	$34.00	$42.00	Outperform	Low
3/19/2024	ZS Zscaler	Reiterated Rating	$177.00	$245.00	Outperform ➝ Outperform	Low
3/19/2024	CRWD CrowdStrike	Reiterated Rating	$298.00	$370.00	Outperform ➝ Outperform	Low
3/15/2024	RCL Royal Caribbean Cruises	Boost Price Target	$137.00	$145.00 ➝ $160.00	Outperform ➝ Outperform	Low
3/12/2024	BZ Kanzhun	Upgrade	$19.00		Neutral ➝ Outperform	Low
3/11/2024	DV DoubleVerify	Upgrade	$31.00	$40.00	Neutral ➝ Outperform	Low
3/6/2024	CRWD CrowdStrike	Boost Price Target	$298.00	$285.00 ➝ $370.00	Outperform ➝ Outperform	N/A
2/29/2024	SNOW Snowflake	Upgrade	$155.00	$182.00 ➝ $205.00	Neutral ➝ Outperform	Low
2/28/2024	LNW Light & Wonder	Boost Price Target	$94.00	$100.00 ➝ $115.00	Outperform ➝ Outperform	Low
2/21/2024	MMYT MakeMyTrip	Downgrade	$66.00	$50.00 ➝ $60.00	Outperform ➝ Neutral	Low
2/16/2024	PENN PENN Entertainment	Lower Price Target	$18.00	$35.00 ➝ $33.00	Outperform ➝ Outperform	Low
2/15/2024	SONY Sony Group	Downgrade	$83.00		Outperform ➝ Neutral	Low
2/14/2024	MGM MGM Resorts International	Reiterated Rating	$43.00	$58.00	Outperform ➝ Outperform	Low
2/12/2024	U Unity Software	Downgrade	$24.00	$20.00	Neutral ➝ Underperform	Low
2/9/2024	WYNN Wynn Resorts	Boost Price Target	$97.00	$122.00 ➝ $128.00	Outperform ➝ Outperform	Low
2/9/2024	HLT Hilton Worldwide	Boost Price Target	$205.00	$190.00 ➝ $192.00	Neutral ➝ Neutral	Low
2/8/2024	NWSA News	Upgrade	$25.00		Neutral ➝ Outperform	Low
2/8/2024	FOXA FOX	Boost Price Target	$32.00	$29.00 ➝ $30.00	Neutral ➝ Neutral	Low
2/8/2024	BABA Alibaba Group	Downgrade	$75.00	$88.50 ➝ $85.40	Outperform ➝ Neutral	Low
2/8/2024	DIS Walt Disney	Boost Price Target	$114.00	$94.00 ➝ $104.00	Neutral ➝ Neutral	Low
2/7/2024	SPOT Spotify Technology	Reiterated Rating	$281.00	$232.00 ➝ $300.00	Outperform	Low
1/31/2024	MSFT Microsoft	Boost Price Target	$409.00	$430.00 ➝ $450.00	Outperform ➝ Outperform	Low
1/24/2024	NFLX Netflix	Upgrade	$555.00	$410.00 ➝ $595.00	Neutral ➝ Outperform	Low
1/22/2024	WBD Warner Bros. Discovery	Lower Price Target	$8.00	$16.00 ➝ $14.00	Outperform ➝ Outperform	Low
1/17/2024	CNTY Century Casinos	Downgrade	$3.00		Outperform ➝ Neutral	Low
1/17/2024	FLL Full House Resorts	Downgrade	$5.00	$8.00 ➝ $6.00	Outperform ➝ Neutral	Low
1/17/2024	INSE Inspired Entertainment	Downgrade	$9.00	$16.00 ➝ $10.00	Outperform ➝ Neutral	Low
1/17/2024	BALY Bally's	Downgrade	$14.00	$15.00 ➝ $12.00	Outperform ➝ Neutral	Low
1/17/2024	RRR Red Rock Resorts	Upgrade	$60.00	$51.00 ➝ $58.00	Neutral ➝ Outperform	Low
1/17/2024	WYNN Wynn Resorts	Upgrade	$97.00	$115.00 ➝ $122.00	Neutral ➝ Outperform	Low
1/5/2024	PUBGY Publicis Groupe	Upgrade	$28.00		Neutral ➝ Outperform	Low
1/5/2024	OMC Omnicom Group	Upgrade	$96.00	$80.00 ➝ $100.00	Neutral ➝ Outperform	Low
12/29/2023	CCL Carnival Co. &	Boost Price Target	$15.00	$16.00 ➝ $22.00	Outperform ➝ Outperform	Low
12/21/2023	GENI Genius Sports	Initiated Coverage	$5.00	$11.00	Outperform	Low
12/12/2023	ZS Zscaler	Upgrade	$177.00	$166.00 ➝ $231.00	Neutral ➝ Outperform	Low
12/6/2023	BYDDY BYD	Initiated Coverage	$51.00		Outperform	Low
11/21/2023	NEM Newmont	Initiated Coverage	$39.00	$45.00	Outperform	Low
11/20/2023	MSFT Microsoft	Reiterated Rating	$409.00	$405.00	Outperform ➝ Outperform	Low
11/10/2023	U Unity Software	Downgrade	$24.00	$20.00	Outperform ➝ Neutral	Low
11/9/2023	GAN GAN	Downgrade	$1.00		Outperform ➝ Neutral	Low
10/13/2023	JD JD.com	Reiterated Rating	$28.00	$52.00 ➝ $32.00	Outperform ➝ Neutral	Low
10/11/2023	CCOEF Capcom	Upgrade	$18.00		Underperform ➝ Neutral	Low
10/10/2023	IPG Interpublic Group of Companies	Lower Price Target	$31.00	$36.00 ➝ $30.00		Low
10/10/2023	OMC Omnicom Group	Lower Price Target	$96.00	$96.00 ➝ $82.00		Low
10/10/2023	WPP WPP	Lower Price Target	GBX 795	GBX 850 ➝ GBX 800		N/A
9/27/2023	IAS Integral Ad Science	Initiated Coverage	$10.00	$16.00	Outperform	Low
9/27/2023	CCL Carnival Co. &	Lower Price Target	$15.00	$17.00 ➝ $16.00		Low
9/27/2023	DV DoubleVerify	Initiated Coverage	$31.00	$30.00	Neutral	Low
9/21/2023	CRWD CrowdStrike	Boost Price Target	$298.00	$180.00 ➝ $185.00	Outperform ➝ Outperform	Low
9/11/2023	BGNE BeiGene	Initiated Coverage	$144.00	$259.00	Outperform	Low
9/7/2023	PATH UiPath	Boost Price Target	$20.00	$22.00 ➝ $23.00	Outperform ➝ Outperform	Low
9/6/2023	ZS Zscaler	Boost Price Target	$177.00	$135.00 ➝ $160.00	Neutral ➝ Neutral	Low
9/1/2023	MDB MongoDB	Boost Price Target	$369.00	$434.00 ➝ $456.00		Low
8/31/2023	OKTA Okta	Boost Price Target	$94.00	$83.00 ➝ $85.00	Neutral ➝ Neutral	Low
8/30/2023	PTON Peloton Interactive	Downgrade	$3.00	$7.00	Outperform ➝ Neutral	Low
8/30/2023	MCARY Mercari	Initiated Coverage	$6.00		Outperform	Low
8/30/2023	PLNT Planet Fitness	Lower Price Target	$61.00	$85.00 ➝ $77.00	Outperform ➝ Outperform	Low
8/25/2023	SPHR Sphere Entertainment	Boost Price Target	$41.00	$25.00 ➝ $32.00	Neutral ➝ Neutral	Low
8/22/2023	BUHPF Bumrungrad Hospital Public	Initiated Coverage	$6.00		Outperform	Low
8/22/2023	BDULF Bangkok Dusit Medical Services Public	Initiated Coverage	$1.00		Outperform	Low
8/22/2023	BKKCF Blockchain Technologies ETF	Initiated Coverage	$10.00		Outperform	Low
8/21/2023	BZ Kanzhun	Downgrade	$19.00	$22.00 ➝ $16.00	Outperform ➝ Neutral	Low
8/21/2023	SIX Six Flags Entertainment	Lower Price Target	$24.00	$36.00 ➝ $30.00	Outperform ➝ Outperform	Low
8/21/2023	FUN Cedar Fair	Lower Price Target	$38.00	$52.00 ➝ $50.00	Outperform ➝ Outperform	Low
8/18/2023	TKHCF Koei Tecmo	Initiated Coverage	$12.00		Outperform	Low
8/18/2023	JDHIF JD Health International	Downgrade	$3.00		Neutral ➝ Underperform	Low
8/16/2023	GETY Getty Images	Lower Price Target	$4.00	$7.00 ➝ $5.00	Neutral ➝ Neutral	Low
8/11/2023	HHUSF Hua Hong Semiconductor	Downgrade	$2.00		Outperform ➝ Underperform	Low
8/11/2023	NEXOY NEXON	Initiated Coverage	$17.00		Outperform	Low
8/11/2023	HMC Honda Motor	Upgrade	$34.00		Neutral ➝ Outperform	Low
8/9/2023	PUBM PubMatic	Downgrade	$23.00	$23.00 ➝ $16.00	Outperform ➝ Neutral	Low
7/28/2023	CMCSA Comcast	Upgrade	$40.00	$46.00	Underperform ➝ Neutral	Low
7/27/2023	IQ iQIYI	Upgrade	$5.00	$5.12	Underperform ➝ Neutral	Low
7/27/2023	XPEV XPeng	Upgrade	$7.00		Underperform ➝ Outperform	Low
7/18/2023	SJMHF SJM	Initiated Coverage	$0.00		Neutral	Low
7/18/2023	WYNMF Wynn Macau	Initiated Coverage	$1.00		Outperform	Low
7/18/2023	MCHVF MGM China	Initiated Coverage	$2.00		Outperform	Low
7/18/2023	SJMHY SJM	Initiated Coverage	$1.00		Neutral	Low
7/18/2023	GXYEF Galaxy Entertainment Group	Initiated Coverage	$4.00		Outperform	Low
7/18/2023	MLCO Melco Resorts & Entertainment	Initiated Coverage	$6.00	$16.30	Outperform	Low
7/18/2023	SCHYY Sands China	Initiated Coverage	$23.00		Outperform	Low
6/28/2023	GAMB Gambling.com Group	Initiated Coverage	$9.00	$13.00	Outperform	Low
6/1/2023	SPHR Sphere Entertainment	Downgrade	$41.00	$25.00	Outperform ➝ Neutral	Low
6/1/2023	MSGE Madison Square Garden Entertainment	Initiated Coverage	$39.00	$43.00	Outperform	Low
5/30/2023	NGMS NeoGames	Downgrade	$29.00		Outperform ➝ Neutral	Low