Northcoast Research Stock Recommendations and Price Targets

This is a list of recent ratings by Northcoast Research.

Date	Company Name	Action	Current Price	Price Target	Rating
10/27/2026	BMI Badger Meter	Downgrade	$148.00		Buy ➝ Neutral
10/19/2026	CWH Camping World	Set Price Target	$5.00	$11.00
10/7/2026	LASR nLight	Upgrade	$37.00	$75.00	Neutral ➝ Buy
10/7/2026	LASR nLight	Upgrade	$37.00	$75.00	Neutral ➝ Buy
9/24/2026	RCL Royal Caribbean Cruises	Lower Price Target	$307.00	$368.00 ➝ $335.00	Buy ➝ Buy
9/22/2026	EAT Brinker International	Upgrade	$212.00	$275.00	Neutral ➝ Buy
9/22/2026	ACVA ACV Auctions	Downgrade	$10.00		Strong-Buy ➝ Hold
9/18/2026	BMI Badger Meter	Upgrade	$148.00	$148.00	Neutral ➝ Buy
9/1/2026	PATK Patrick Industries	Set Price Target	$78.00	$121.00	Buy
9/1/2026	PATK Patrick Industries	Initiated Coverage	$78.00	$121.00	Buy
8/27/2026	MSI Motorola Solutions	Boost Price Target	$491.00	$510.00 ➝ $525.00
8/26/2026	CNM Core & Main	Downgrade	$44.00		Buy ➝ Neutral
8/17/2026	SCSC ScanSource	Downgrade	$58.00		Buy ➝ Neutral
8/14/2026	EAT Brinker International	Downgrade	$212.00		Buy ➝ Neutral
8/13/2026	CAVA CAVA Group	Upgrade	$59.00		Sell ➝ Neutral
8/12/2026	HZO MarineMax	Downgrade	$53.00		Strong-Buy ➝ Hold
8/11/2026	AXON Axon Enterprise	Boost Price Target	$428.00	$650.00 ➝ $680.00	Buy ➝ Buy
8/5/2026	OPLN Openlane	Set Price Target	$39.00	$50.00
7/24/2026	HZO MarineMax	Set Price Target	$53.00	$39.00
7/23/2026	CMTL Comtech Telecommunications	Initiated Coverage	$1.00	$2.50	Buy
7/16/2026	MLI Mueller Industries	Upgrade	$54.00	$75.00	Neutral ➝ Buy
7/14/2026	AN AutoNation	Upgrade	$179.00	$240.00	Neutral ➝ Buy
7/13/2026	CASY Casey's General Stores	Upgrade	$680.00	$950.00	Neutral ➝ Buy
7/8/2026	PRKS United Parks & Resorts	Initiated Coverage	$31.00		Neutral
7/8/2026	FUN Six Flags Entertainment	Initiated Coverage	$7.00		Neutral
6/24/2026	WDFC WD-40	Upgrade	$221.00		Strong-Buy
6/15/2026	CAKE Cheesecake Factory	Downgrade	$113.00		Buy ➝ Neutral
6/1/2026	WGO Winnebago Industries	Downgrade	$31.00		Buy ➝ Neutral
5/28/2026	MLI Mueller Industries	Downgrade	$54.00		Buy ➝ Neutral
5/27/2026	VRRM Verra Mobility	Downgrade	$3.00		Buy ➝ Neutral
5/21/2026	INTU Intuit	Lower Price Target	$341.00	$575.00 ➝ $465.00	Buy ➝ Buy
5/6/2026	OPLN Openlane	Set Price Target	$39.00	$40.00
5/6/2026	NCLH Norwegian Cruise Line	Downgrade	$18.00		Buy ➝ Neutral
4/30/2026	HTZ Hertz Global	Upgrade	$2.00	$5.00	Sell ➝ Neutral
4/28/2026	DPZ Domino's Pizza	Lower Price Target	$314.00	$525.00 ➝ $445.00	Buy ➝ Buy
4/27/2026	ZBRA Zebra Technologies	Lower Price Target	$361.00	$364.00 ➝ $344.00	Buy ➝ Buy
4/22/2026	HTZ Hertz Global	Downgrade	$2.00	$5.00	Neutral ➝ Sell
4/21/2026	CAVA CAVA Group	Upgrade	$59.00		Strong Sell
4/15/2026	ERII Energy Recovery	Downgrade	$7.00		Buy ➝ Neutral
3/30/2026	OPLN Openlane	Upgrade	$39.00	$34.00	Neutral ➝ Buy
3/23/2026	CLMB Climb Global Solutions	Upgrade	$41.00		Strong-Buy
3/6/2026	INTU Intuit	Upgrade	$341.00	$575.00	Neutral ➝ Buy
3/6/2026	ERII Energy Recovery	Initiated Coverage	$7.00	$14.00	Buy
2/2/2026	FISV Fiserv	Downgrade	$50.00		Buy ➝ Neutral
1/21/2026	CASY Casey's General Stores	Downgrade	$680.00		Buy ➝ Neutral
1/21/2026	AAP Advance Auto Parts	Upgrade	$45.00	$55.00	Neutral ➝ Buy
1/6/2026	AXON Axon Enterprise	Upgrade	$428.00	$742.00	Neutral ➝ Buy
12/24/2025	COST Costco Wholesale	Set Price Target	$1,012.00	$1,100.00	Neutral ➝ Buy
12/24/2025	COST Costco Wholesale	Upgrade	$1,012.00	$1,100.00	Neutral ➝ Buy
12/3/2025	WTRG Essential Utilities	Upgrade	$44.00	$42.00	Neutral ➝ Buy
12/1/2025	MSI Motorola Solutions	Upgrade	$491.00	$450.00	Neutral ➝ Buy
11/25/2025	SYM Symbotic	Downgrade	$38.00		Buy ➝ Neutral
11/21/2025	JACK Jack In The Box	Upgrade	$13.00		Sell ➝ Neutral
11/13/2025	TTEK Tetra Tech	Upgrade	$39.00	$38.00	Neutral ➝ Buy
11/5/2025	WING Wingstop	Upgrade	$150.00	$300.00	Neutral ➝ Buy
10/31/2025	CMG Chipotle Mexican Grill	Downgrade	$32.00		Buy ➝ Neutral
10/27/2025	WTRG Essential Utilities	Set Price Target	$44.00	$46.00
10/27/2025	LII Lennox International	Upgrade	$344.00	$525.00	Sell ➝ Neutral
10/27/2025	WTRG Essential Utilities	Downgrade	$44.00		Strong-Buy ➝ Hold
10/22/2025	NGVC Natural Grocers by Vitamin Cottage	Set Price Target	$29.00	$54.00	Buy
10/22/2025	NGVC Natural Grocers by Vitamin Cottage	Initiated Coverage	$29.00	$54.00	Buy
10/7/2025	OSW OneSpaWorld	Set Price Target	$30.00	$28.00	Buy
10/7/2025	OSW OneSpaWorld	Upgrade	$30.00		Strong-Buy
10/2/2025	SYM Symbotic	Set Price Target	$38.00	$65.00	Buy
10/2/2025	SYM Symbotic	Initiated Coverage	$38.00	$65.00	Buy
10/1/2025	TTEK Tetra Tech	Reiterated Rating	$39.00		Buy ➝ Neutral
9/25/2025	WEN Wendy's	Downgrade	$7.00	$7.00	Neutral ➝ Sell
9/24/2025	RGP Resources Connection	Initiated Coverage	$3.00	$7.00	Buy
9/12/2025	QSR Restaurant Brands International	Downgrade	C$101.00		Strong-Buy ➝ Hold
9/12/2025	QSR Restaurant Brands International	Downgrade	$72.00		Buy ➝ Neutral
8/21/2025	FAST Fastenal	Initiated Coverage	$52.00		Neutral
8/7/2025	EME EMCOR Group	Downgrade	$677.00	$500.00	Buy ➝ Neutral
8/1/2025	TT Trane Technologies	Downgrade	$410.00		Buy ➝ Neutral
7/28/2025	FIX Comfort Systems USA	Downgrade	$1,228.00		Buy ➝ Neutral
7/25/2025	WWD Woodward	Upgrade	$305.00		Hold
7/23/2025	MTUS Metallus	Initiated Coverage	$21.00	$24.00	Buy
7/22/2025	UNFI United Natural Foods	Upgrade	$46.00	$36.00	Neutral ➝ Buy
7/10/2025	TKO TKO Group	Downgrade	$181.00		Buy ➝ Neutral
7/2/2025	WT WisdomTree	Upgrade	$21.00	$15.00	Neutral ➝ Buy
6/12/2025	UNFI United Natural Foods	Downgrade	$46.00		Buy ➝ Neutral
5/19/2025	GE GE Aerospace	Downgrade	$302.00		Buy ➝ Neutral
5/19/2025	JACK Jack In The Box	Downgrade	$13.00	$20.00	Neutral ➝ Sell
5/16/2025	WTS Watts Water Technologies	Downgrade	$347.00		Buy ➝ Neutral
5/9/2025	CARR Carrier Global	Upgrade	$53.00	$85.00	Neutral ➝ Buy
5/6/2025	MCD McDonald's	Downgrade	$258.00		Buy ➝ Neutral
5/6/2025	VLTO Veralto	Initiated Coverage	$111.00	$110.00	Buy
5/6/2025	SCSC ScanSource	Upgrade	$58.00	$42.00	Neutral ➝ Buy
5/2/2025	HRB H&R Block	Downgrade	$51.00		Buy ➝ Neutral
5/1/2025	RAIL Freightcar America	Initiated Coverage	$4.00	$9.00	Buy
4/25/2025	RCL Royal Caribbean Cruises	Initiated Coverage	$307.00	$279.00	Buy
4/25/2025	VIK Viking	Initiated Coverage	$87.00	$51.00	Buy
4/25/2025	CCL Carnival	Initiated Coverage	$29.00		Neutral
4/25/2025	NCLH Norwegian Cruise Line	Initiated Coverage	$18.00	$21.00	Buy
4/11/2025	STKS ONE Group Hospitality	Initiated Coverage	$1.00	$5.00	Buy
4/9/2025	TDG Transdigm Group	Upgrade	$1,148.00	$1,500.00	Neutral ➝ Buy
4/9/2025	CRS Carpenter Technology	Upgrade	$284.00		Sell ➝ Neutral
4/9/2025	GE GE Aerospace	Upgrade	$302.00	$205.00	Neutral ➝ Buy
4/9/2025	HWM Howmet Aerospace	Upgrade	$199.00		Sell ➝ Neutral
3/10/2025	JKHY Jack Henry & Associates	Downgrade	$161.00		Buy ➝ Neutral
3/3/2025	PZZA Papa John's International	Upgrade	$18.00		Hold