Piper Sandler Stock Recommendations and Price Targets

This is a list of recent ratings by Piper Sandler.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
1/17/2025	TEVA Teva Pharmaceutical Industries	Boost Price Target	$22.00	$23.00 ➝ $30.00	Overweight ➝ Overweight	Low
1/17/2025	KROS Keros Therapeutics	Lower Price Target	$11.00	$40.00 ➝ $15.00	Overweight ➝ Overweight	Medium
1/17/2025	BSVN Bank7	Boost Price Target	$44.00	$53.00 ➝ $55.00	Overweight ➝ Overweight	Low
1/17/2025	SVV Savers Value Village	Boost Price Target	$11.00	$10.00 ➝ $11.00	Neutral ➝ Neutral	Low
1/17/2025	BAC Bank of America	Lower Price Target	$47.00	$50.00 ➝ $49.00	Neutral ➝ Neutral	Low
1/17/2025	AIRS AirSculpt Technologies	Lower Price Target	$5.00	$6.00 ➝ $5.00	Neutral ➝ Neutral	Medium
1/16/2025	UTZ Utz Brands	Lower Price Target	$14.00	$24.00 ➝ $20.00	Overweight ➝ Overweight	Medium
1/16/2025	HSY Hershey	Lower Price Target	$153.00	$168.00 ➝ $153.00	Neutral ➝ Neutral	Low
1/16/2025	UNTY Unity Bancorp	Reiterated Rating	$47.00	$53.00 ➝ $54.00	Overweight ➝ Overweight	High
1/16/2025	PRU Prudential Financial	Lower Price Target	$119.00	$127.00 ➝ $124.00	Neutral ➝ Neutral	Medium
1/16/2025	MDLZ Mondelez International	Lower Price Target	$58.00	$84.00 ➝ $70.00	Overweight ➝ Overweight	Medium
1/16/2025	HAIN The Hain Celestial Group	Lower Price Target	$5.00	$8.00 ➝ $7.00	Neutral ➝ Neutral	Medium
1/16/2025	C Citigroup	Reiterated Rating	$80.00	$80.00 ➝ $83.00	Overweight ➝ Overweight	Low
1/16/2025	POST Post	Lower Price Target	$108.00	$140.00 ➝ $120.00	Overweight ➝ Overweight	Medium
1/15/2025	GBCI Glacier Bancorp	Boost Price Target	$51.00	$56.00 ➝ $57.00	Neutral ➝ Neutral	Low
1/15/2025	CHRD Chord Energy	Lower Price Target	$126.00	$194.00 ➝ $193.00	Overweight ➝ Overweight	Low
1/15/2025	HUM Humana	Boost Price Target	$283.00	$270.00 ➝ $288.00	Neutral ➝ Neutral	Low
1/14/2025	NFLX Netflix	Boost Price Target	$858.00	$840.00 ➝ $950.00	Overweight ➝ Overweight	Low
1/14/2025	RDDT Reddit	Boost Price Target	$176.00	$150.00 ➝ $197.00	Overweight ➝ Overweight	Medium
1/14/2025	ITCI Intra-Cellular Therapies	Reiterated Rating	$126.00	$107.00 ➝ $132.00	Overweight ➝ Neutral	Low
1/13/2025	NTR Nutrien	Upgrade	C$75.00		Strong Sell ➝ Strong-Buy	N/A
1/13/2025	DEI Douglas Emmett	Upgrade	$18.00	$20.00 ➝ $20.00	Neutral ➝ Overweight	Medium
1/13/2025	AUB Atlantic Union Bankshares	Initiated Coverage	$38.00	$51.00	Overweight	High
1/13/2025	USB U.S. Bancorp	Upgrade	$48.00	$58.00	Neutral ➝ Overweight	High
1/13/2025	NTR Nutrien	Upgrade	$52.00	$50.00 ➝ $58.00	Underweight ➝ Overweight	High
1/13/2025	MOS Mosaic	Upgrade	$27.00	$26.00 ➝ $30.00	Underweight ➝ Neutral	High
1/13/2025	LXU LSB Industries	Upgrade	$9.00	$9.00 ➝ $11.00	Underweight ➝ Overweight	High
1/13/2025	CF CF Industries	Upgrade	$97.00	$79.00 ➝ $105.00	Underweight ➝ Overweight	High
1/13/2025	STZ Constellation Brands	Lower Price Target	$184.00	$300.00 ➝ $245.00	Overweight ➝ Overweight	Medium
1/13/2025	RARE Ultragenyx Pharmaceutical	Boost Price Target	$40.00	$135.00 ➝ $140.00	Overweight ➝ Overweight	High
1/13/2025	INZY Inozyme Pharma	Lower Price Target	$1.00	$43.00 ➝ $30.00	Overweight ➝ Overweight	Low
1/13/2025	EXEL Exelixis	Boost Price Target	$36.00	$36.00 ➝ $37.00	Overweight ➝ Overweight	Low
1/10/2025	PSX Phillips 66	Downgrade	$121.00		Strong-Buy ➝ Hold	Medium
1/10/2025	VLO Valero Energy	Upgrade	$141.00		Hold ➝ Strong-Buy	Low
1/10/2025	MNPR Monopar Therapeutics	Initiated Coverage	$29.00	$72.00	Overweight	Low
1/10/2025	RMD ResMed	Initiated Coverage	$240.00	$252.00	Neutral	Medium
1/10/2025	NKE NIKE	Upgrade	$71.00	$72.00 ➝ $90.00	Neutral ➝ Overweight	Low
1/10/2025	INTU Intuit	Reiterated Rating	$604.00	$765.00 ➝ $765.00	Overweight ➝ Overweight	Medium
1/10/2025	AVDL Avadel Pharmaceuticals	Lower Price Target	$8.00	$24.00 ➝ $13.00	Overweight ➝ Overweight	High
1/10/2025	HALO Halozyme Therapeutics	Boost Price Target	$55.00	$52.00 ➝ $53.00	Neutral ➝ Neutral	Medium
1/10/2025	ARHS Arhaus	Boost Price Target	$12.00	$14.00 ➝ $15.00	Overweight ➝ Overweight	High
1/8/2025	AJG Arthur J. Gallagher & Co.	Upgrade	$295.00	$285.00 ➝ $315.00	Neutral ➝ Overweight	Medium
1/8/2025	ADSK Autodesk	Upgrade	$291.00	$311.00 ➝ $357.00	Neutral ➝ Overweight	Medium
1/8/2025	NWFL Norwood Financial	Initiated Coverage	$26.00	$28.00	Neutral	Medium
1/8/2025	OLO OLO	Reiterated Rating	$8.00	$8.00 ➝ $8.00	Overweight ➝ Neutral	High
1/8/2025	RSKD Riskified	Lower Price Target	$5.00	$7.00 ➝ $6.00	Overweight ➝ Overweight	Medium
1/8/2025	BSY Bentley Systems	Lower Price Target	$45.00	$65.00 ➝ $57.00	Overweight ➝ Overweight	High
1/8/2025	ORRF Orrstown Financial Services	Initiated Coverage	$36.00	$43.00	Overweight	Medium
1/7/2025	LYB LyondellBasell Industries	Reiterated Rating	$77.00	$112.00 ➝ $95.00	Overweight ➝ Neutral	Low
1/7/2025	KWR Quaker Chemical	Reiterated Rating	$136.00	$200.00 ➝ $170.00	Overweight ➝ Neutral	High
1/7/2025	DOW DOW	Reiterated Rating	$41.00	$60.00 ➝ $53.00	Overweight ➝ Neutral	N/A
1/7/2025	PEP PepsiCo	Initiated Coverage	$148.00	$171.00	Overweight	Low
1/7/2025	KDP Keurig Dr Pepper	Initiated Coverage	$32.00	$35.00	Neutral	Medium
1/7/2025	KO Coca-Cola	Initiated Coverage	$63.00	$74.00	Overweight	Low
1/7/2025	WLK Westlake	Lower Price Target	$118.00	$155.00 ➝ $135.00	Overweight ➝ Overweight	High
1/7/2025	ECL Ecolab	Lower Price Target	$238.00	$305.00 ➝ $270.00	Overweight ➝ Overweight	Low
1/7/2025	VIRT Virtu Financial	Boost Price Target	$37.00	$35.00 ➝ $40.00	Overweight ➝ Overweight	Low
1/7/2025	MKTX MarketAxess	Lower Price Target	$220.00	$265.00 ➝ $240.00	Neutral ➝ Neutral	High
1/7/2025	IBKR Interactive Brokers Group	Boost Price Target	$190.00	$163.00 ➝ $200.00	Overweight ➝ Overweight	Low
1/7/2025	COIN Coinbase Global	Boost Price Target	$295.00	$245.00 ➝ $285.00	Neutral ➝ Neutral	High
1/7/2025	CME CME Group	Boost Price Target	$233.00	$250.00 ➝ $258.00	Overweight ➝ Overweight	Low
1/7/2025	SCHW Charles Schwab	Boost Price Target	$77.00	$65.00 ➝ $70.00	Neutral ➝ Neutral	High
1/7/2025	NARI Inari Medical	Boost Price Target	$80.00	$52.00 ➝ $80.00	Neutral ➝ Neutral	High
1/7/2025	ARGX argenx	Boost Price Target	$641.00	$620.00 ➝ $725.00	Overweight ➝ Overweight	Low
1/7/2025	CE Celanese	Lower Price Target	$73.00	$98.00 ➝ $77.00	Underweight ➝ Underweight	Low
1/7/2025	LAC Lithium Americas	Lower Price Target	$3.00	$3.90 ➝ $3.50	Neutral ➝ Neutral	High
1/7/2025	EMN Eastman Chemical	Lower Price Target	$93.00	$105.00 ➝ $102.00	Neutral ➝ Neutral	Low
1/7/2025	OLN Olin	Lower Price Target	$34.00	$51.00 ➝ $41.00	Overweight ➝ Overweight	Medium
1/6/2025	AMPL Amplitude	Upgrade	$11.00	$11.00 ➝ $15.00	Neutral ➝ Overweight	N/A
1/6/2025	ARCH Arch Resources	Upgrade	$135.00	$165.00 ➝ $150.00	Neutral ➝ Overweight	N/A
1/6/2025	APPF AppFolio	Downgrade	$252.00	$265.00 ➝ $265.00	Overweight ➝ Neutral	N/A
1/6/2025	BL BlackLine	Downgrade	$60.00	$60.00 ➝ $60.00	Neutral ➝ Underweight	N/A
1/6/2025	FTNT Fortinet	Upgrade	$94.00	$100.00 ➝ $120.00	Neutral ➝ Overweight	N/A
1/6/2025	SNOW Snowflake	Boost Price Target	$171.00	$185.00 ➝ $208.00	Overweight ➝ Overweight	N/A
1/6/2025	MSFT Microsoft	Boost Price Target	$429.00	$470.00 ➝ $520.00	Overweight ➝ Overweight	N/A
1/6/2025	MNDY monday.com	Lower Price Target	$242.00	$350.00 ➝ $345.00	Overweight ➝ Overweight	N/A
1/6/2025	KVYO Klaviyo	Boost Price Target	$40.00	$45.00 ➝ $50.00	Overweight ➝ Overweight	N/A
1/6/2025	GLBE Global-E Online	Boost Price Target	$56.00	$63.00 ➝ $66.00	Overweight ➝ Overweight	N/A
1/6/2025	FRSH Freshworks	Boost Price Target	$17.00	$18.00 ➝ $20.00	Overweight ➝ Overweight	N/A
1/6/2025	ZI ZoomInfo Technologies	Reiterated Rating	$10.00	$11.00 ➝ $10.00	Neutral ➝ Underweight	N/A
1/6/2025	ASAN Asana	Upgrade	$19.00	$19.00 ➝ $27.00	Neutral ➝ Overweight	N/A
1/6/2025	TTAN ServiceTitan	Initiated Coverage	$98.00	$125.00	Overweight	N/A
1/6/2025	KRNY Kearny Financial	Upgrade	$7.00	$9.00 ➝ $8.50	Neutral ➝ Overweight	N/A
1/6/2025	KVUE Kenvue	Upgrade	$21.00	$21.00 ➝ $26.00	Neutral ➝ Overweight	N/A
1/6/2025	EWCZ European Wax Center	Downgrade	$6.00	$9.00 ➝ $7.00	Overweight ➝ Neutral	N/A
1/6/2025	PRGO Perrigo	Downgrade	$24.00	$34.00 ➝ $27.00	Overweight ➝ Neutral	N/A
1/6/2025	CYBR CyberArk Software	Boost Price Target	$352.00	$345.00 ➝ $380.00	Overweight ➝ Overweight	N/A
1/6/2025	CHKP Check Point Software Technologies	Boost Price Target	$188.00	$185.00 ➝ $195.00	Neutral ➝ Neutral	N/A
1/6/2025	CFLT Confluent	Boost Price Target	$27.00	$32.00 ➝ $35.00	Overweight ➝ Overweight	N/A
1/6/2025	OLPX Olaplex	Boost Price Target	$2.00	$1.50 ➝ $2.00	Neutral ➝ Neutral	N/A
1/6/2025	KMB Kimberly-Clark	Lower Price Target	$127.00	$175.00 ➝ $161.00	Overweight ➝ Overweight	N/A
1/6/2025	HIMS Hims & Hers Health	Boost Price Target	$28.00	$21.00 ➝ $24.00	Neutral ➝ Neutral	N/A
1/6/2025	ELF e.l.f. Beauty	Boost Price Target	$127.00	$165.00 ➝ $167.00	Overweight ➝ Overweight	N/A
1/6/2025	EL Estée Lauder Companies	Boost Price Target	$78.00	$89.00 ➝ $91.00	Overweight ➝ Overweight	N/A
1/6/2025	CL Colgate-Palmolive	Lower Price Target	$89.00	$121.00 ➝ $112.00	Overweight ➝ Overweight	N/A
1/6/2025	CHD Church & Dwight	Boost Price Target	$106.00	$124.00 ➝ $128.00	Overweight ➝ Overweight	N/A
1/6/2025	BBWI Bath & Body Works	Boost Price Target	$37.00	$36.00 ➝ $39.00	Neutral ➝ Neutral	N/A
1/6/2025	AIRS AirSculpt Technologies	Lower Price Target	$5.00	$7.00 ➝ $6.00	Neutral ➝ Neutral	N/A
1/6/2025	VRNS Varonis Systems	Lower Price Target	$44.00	$55.00 ➝ $50.00	Neutral ➝ Neutral	N/A
1/6/2025	TEAM Atlassian	Boost Price Target	$252.00	$265.00 ➝ $310.00	Overweight ➝ Overweight	N/A