Melius Stock Recommendations and Price Targets

This is a list of recent ratings by Melius.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
10/13/2020	WAB Westinghouse Air Brake Technologies	Initiated Coverage	$77.00		Buy	High
9/29/2020	HWM Howmet Aerospace	Upgrade	$33.00		Neutral ➝ Overweight	Low
8/21/2020	CNHI CNH Industrial	Upgrade	$16.00		Neutral ➝ Overweight	Low
8/21/2020	AGCO AGCO	Upgrade	$121.00		Underweight ➝ Neutral	Medium
8/21/2020	CMI Cummins	Downgrade	$233.00		Overweight ➝ Neutral	Low