Robert W. Baird Stock Recommendations and Price Targets

This is a list of recent ratings by Robert W. Baird.

Date	Company Name	Action	Current Price	Price Target	Rating
12/19/2025	CTAS Cintas	Boost Price Target	$188.00	$220.00 ➝ $225.00	Neutral ➝ Neutral
12/19/2025	AMPL Amplitude	Boost Price Target	$12.00	$14.00 ➝ $15.00	Outperform ➝ Outperform
12/19/2025	BIRK Birkenstock	Lower Price Target	$41.00	$70.00 ➝ $60.00	Outperform ➝ Outperform
12/18/2025	GEV GE Vernova	Set Price Target	$656.00	$816.00
12/18/2025	LINE Lineage	Reiterated Rating	$34.00	$45.00 ➝ $39.00	Outperform ➝ Neutral
12/18/2025	COLD Americold Realty Trust	Reiterated Rating	$12.00	$16.00 ➝ $13.00	Outperform ➝ Neutral
12/18/2025	SEE Sealed Air	Reiterated Rating	$41.00	$45.00 ➝ $42.00	Outperform ➝ Neutral
12/18/2025	ARGX argenex	Reiterated Rating	$855.00	$924.00 ➝ $858.00	Outperform ➝ Neutral
12/18/2025	RIVN Rivian Automotive	Upgrade	$21.00	$14.00 ➝ $25.00	Neutral ➝ Outperform
12/17/2025	NET Cloudflare	Set Price Target	$195.00	$230.00
12/17/2025	INN Summit Hotel Properties	Set Price Target	$5.00	$5.00
12/17/2025	VFC V.F.	Set Price Target	$18.00	$25.00
12/17/2025	DLTH Duluth	Set Price Target	$2.00	$5.00
12/17/2025	WRBY Warby Parker	Set Price Target	$27.00	$35.00
12/17/2025	URBN Urban Outfitters	Set Price Target	$81.00	$93.00
12/17/2025	ULTA Ulta Beauty	Set Price Target	$602.00	$700.00
12/17/2025	TPR Tapestry	Set Price Target	$125.00	$140.00
12/17/2025	TJX TJX Companies	Set Price Target	$155.00	$168.00
12/17/2025	RVLV Revolve Group	Set Price Target	$28.00	$29.00
12/17/2025	ROST Ross Stores	Set Price Target	$183.00	$200.00
12/17/2025	REAL RealReal	Set Price Target	$16.00	$15.00
12/17/2025	KSS Kohl's	Set Price Target	$23.00	$24.00
12/17/2025	CPRI Capri	Set Price Target	$25.00	$26.00
12/17/2025	BBWI Bath & Body Works	Set Price Target	$20.00	$20.00
12/17/2025	GAP GAP	Set Price Target	$27.00	$27.00 ➝ $33.00	Neutral ➝ Outperform
12/17/2025	ULS UL Solutions	Set Price Target	$79.00	$97.00	Neutral ➝ Outperform
12/17/2025	FITB Fifth Third Bancorp	Boost Price Target	$48.00	$50.00 ➝ $55.00
12/16/2025	TTC Toro	Set Price Target	$78.00	$84.00
12/16/2025	COR Cencora	Set Price Target	$345.00	$392.00
12/16/2025	PEN Penumbra	Set Price Target	$314.00	$345.00
12/16/2025	MMSI Merit Medical Systems	Set Price Target	$88.00	$108.00
12/16/2025	MDT Medtronic	Set Price Target	$98.00	$103.00
12/16/2025	LIVN LivaNova	Set Price Target	$63.00	$75.00
12/16/2025	EW Edwards Lifesciences	Set Price Target	$85.00	$88.00 ➝ $87.00	Neutral ➝ Neutral
12/16/2025	XRAY DENTSPLY SIRONA	Lower Price Target	$11.00	$14.00 ➝ $12.00	Neutral ➝ Neutral
12/16/2025	BBNX Beta Bionics	Set Price Target	$29.00	$28.00
12/16/2025	TNDM Tandem Diabetes Care	Set Price Target	$22.00	$18.00 ➝ $30.00	Neutral ➝ Outperform
12/16/2025	ZBH Zimmer Biomet	Reiterated Rating	$90.00	$117.00 ➝ $100.00	Outperform ➝ Neutral
12/16/2025	RMD ResMed	Reiterated Rating	$245.00	$300.00 ➝ $275.00	Outperform ➝ Neutral
12/15/2025	JKHY Jack Henry & Associates	Boost Price Target	$184.00	$180.00 ➝ $200.00	Neutral ➝ Neutral
12/15/2025	CXT Crane NXT	Lower Price Target	$47.00	$88.00 ➝ $82.00	Outperform ➝ Outperform
12/15/2025	HAE Haemonetics	Boost Price Target	$80.00	$87.00 ➝ $99.00	Outperform ➝ Outperform
12/12/2025	AVGO Broadcom	Set Price Target	$339.00	$420.00
12/12/2025	NDSN Nordson	Boost Price Target	$240.00	$252.00 ➝ $275.00	Neutral ➝ Neutral
12/12/2025	RH RH	Lower Price Target	$170.00	$235.00 ➝ $180.00	Neutral ➝ Neutral
12/12/2025	COST Costco Wholesale	Lower Price Target	$854.00	$1,125.00 ➝ $1,000.00	Outperform ➝ Outperform
12/12/2025	PYPL PayPal	Reiterated Rating	$59.00	$83.00 ➝ $66.00	Outperform ➝ Neutral
12/12/2025	APLT Applied Therapeutics	Downgrade	$0.00		Outperform ➝ Neutral
12/12/2025	LULU lululemon athletica	Boost Price Target	$212.00	$195.00 ➝ $210.00	Neutral ➝ Neutral
12/11/2025	CFG Citizens Financial Group	Reiterated Rating	$59.00	$60.00	Outperform ➝ Neutral
12/11/2025	TFC Truist Financial	Reiterated Rating	$50.00	$52.00	Outperform ➝ Neutral
12/11/2025	FHN First Horizon	Reiterated Rating	$24.00	$25.00	Outperform ➝ Neutral
12/11/2025	CI Cigna Group	Lower Price Target	$274.00	$372.00 ➝ $315.00	Outperform ➝ Outperform
12/11/2025	CNC Centene	Boost Price Target	$40.00	$28.00 ➝ $36.00	Neutral ➝ Neutral
12/11/2025	ELV Elevance Health	Boost Price Target	$342.00	$297.00 ➝ $340.00	Neutral ➝ Neutral
12/11/2025	HCA HCA Healthcare	Boost Price Target	$467.00	$423.00 ➝ $450.00	Neutral ➝ Neutral
12/11/2025	HUM Humana	Lower Price Target	$261.00	$280.00 ➝ $264.00	Neutral ➝ Neutral
12/10/2025	PHR Phreesia	Lower Price Target	$16.00	$31.00 ➝ $25.00	Outperform ➝ Outperform
12/10/2025	FERG Ferguson	Boost Price Target	$226.00	$262.00 ➝ $265.00	Outperform ➝ Outperform
12/10/2025	CNM Core & Main	Boost Price Target	$54.00	$62.00 ➝ $64.00	Outperform ➝ Outperform
12/10/2025	CVS CVS Health	Boost Price Target	$78.00	$82.00 ➝ $92.00	Outperform ➝ Outperform
12/9/2025	CFLT Confluent	Boost Price Target	$30.00	$26.00 ➝ $31.00	Neutral ➝ Neutral
12/9/2025	GPK Graphic Packaging	Lower Price Target	$16.00	$24.00 ➝ $18.00	Outperform ➝ Outperform
12/8/2025	MIRM Mirum Pharmaceuticals	Boost Price Target	$76.00	$80.00 ➝ $88.00	Outperform ➝ Outperform
12/8/2025	DYN Dyne Therapeutics	Set Price Target	$19.00	$30.00
12/8/2025	PSN Parsons	Lower Price Target	$62.00	$100.00 ➝ $82.00	Outperform ➝ Outperform
12/5/2025	NSC Norfolk Southern	Set Price Target	$290.00	$293.00
12/5/2025	DCI Donaldson	Set Price Target	$92.00	$100.00
12/5/2025	RHI Robert Half	Set Price Target	$28.00	$22.00
12/5/2025	ULTA Ulta Beauty	Boost Price Target	$602.00	$600.00 ➝ $670.00	Outperform ➝ Outperform
12/5/2025	SPWH Sportsman's Warehouse	Lower Price Target	$1.00	$3.50 ➝ $2.00	Neutral ➝ Neutral
12/5/2025	SYF Synchrony Financial	Reiterated Rating	$84.00	$82.00	Outperform ➝ Neutral
12/5/2025	RBRK Rubrik	Boost Price Target	$78.00	$120.00 ➝ $130.00	Outperform ➝ Outperform
12/5/2025	DOCU Docusign	Lower Price Target	$69.00	$90.00 ➝ $75.00	Neutral ➝ Neutral
12/5/2025	MEI Methode Electronics	Boost Price Target	$7.00	$8.50 ➝ $9.00	Neutral ➝ Neutral
12/5/2025	EW Edwards Lifesciences	Boost Price Target	$85.00	$83.00 ➝ $88.00	Neutral ➝ Neutral
12/5/2025	COO Cooper Companies	Boost Price Target	$83.00	$85.00 ➝ $98.00	Outperform ➝ Outperform
12/4/2025	SNOW Snowflake	Boost Price Target	$221.00	$260.00 ➝ $270.00	Outperform ➝ Outperform
12/4/2025	ARE Alexandria Real Estate Equities	Lower Price Target	$48.00	$73.00 ➝ $67.00	Outperform ➝ Outperform
12/4/2025	CRM Salesforce	Lower Price Target	$257.00	$325.00 ➝ $315.00	Outperform ➝ Outperform
12/4/2025	INSP Inspire Medical Systems	Boost Price Target	$94.00	$125.00 ➝ $180.00	Outperform ➝ Outperform
12/4/2025	TJX TJX Companies	Boost Price Target	$155.00	$160.00 ➝ $165.00	Outperform ➝ Outperform
12/4/2025	THO Thor Industries	Boost Price Target	$106.00	$110.00 ➝ $115.00	Neutral ➝ Neutral
12/3/2025	AZO AutoZone	Initiated Coverage	$3,442.00	$4,500.00	Outperform
12/3/2025	ORLY O'Reilly Automotive	Set Price Target	$92.00	$115.00	Outperform
12/3/2025	DCI Donaldson	Boost Price Target	$92.00	$85.00 ➝ $96.00	Outperform ➝ Outperform
12/2/2025	VSTS Vestis	Boost Price Target	$7.00	$5.00 ➝ $6.50	Neutral ➝ Neutral
12/2/2025	ALB Albemarle	Set Price Target	$144.00	$81.00 ➝ $113.00	Underperform ➝ Neutral
12/2/2025	MDB MongoDB	Boost Price Target	$427.00	$335.00 ➝ $500.00	Outperform ➝ Outperform
12/1/2025	TITN Titan Machinery	Reiterated Rating	$16.00	$24.00 ➝ $21.00	Outperform ➝ Neutral
12/1/2025	REVG REV Group	Reiterated Rating	$61.00	$64.00 ➝ $55.00	Outperform ➝ Neutral
11/26/2025	DKS DICK'S Sporting Goods	Set Price Target	$211.00	$226.00
11/26/2025	ZS Zscaler	Boost Price Target	$230.00	$350.00 ➝ $360.00	Outperform ➝ Outperform
11/26/2025	ADSK Autodesk	Boost Price Target	$299.00	$367.00 ➝ $377.00	Outperform ➝ Outperform
11/26/2025	ADI Analog Devices	Boost Price Target	$278.00	$250.00 ➝ $275.00	Outperform ➝ Outperform
11/26/2025	ARE Alexandria Real Estate Equities	Lower Price Target	$48.00	$100.00 ➝ $73.00	Outperform ➝ Outperform
11/26/2025	SYM Symbotic	Boost Price Target	$59.00	$55.00 ➝ $58.00	Neutral ➝ Neutral
11/26/2025	KEYS Keysight Technologies	Set Price Target	$203.00	$210.00
11/26/2025	KSS Kohl's	Boost Price Target	$23.00	$17.00 ➝ $22.00	Neutral ➝ Neutral
11/26/2025	AMWD American Woodmark	Lower Price Target	$56.00	$67.00 ➝ $57.00	Outperform ➝ Outperform