Sanford C. Bernstein Stock Recommendations and Price Targets

AllianceBernstein Holding L.P. (AllianceBernstein) is an investment firm that provides research, diversified investment management and related services globally to a range of clients. The Company's clients include institutional clients, retail clients, private clients, institutional investors and issuers of publicly-traded securities. The Company also provides distribution, shareholder servicing and administrative services to its sponsored mutual funds. AllianceBernstein offers a range of investment products and services to its clients. The Company serves clients in global markets through operations in 46 cities in 23 countries. The Company’s Bernstein Research Services generate revenues from clients to whom it provides research, portfolio analysis and brokerage-related services. On May 31, 2011, AllianceBernstein acquired Pyrander Capital Management, LLC. On November 30, 2011, the Company acquired Taiwan International Investment Management Co. (TIIM).

This is a list of recent ratings by Sanford C. Bernstein.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
4/19/2024	NFLX Netflix	Boost Price Target	$555.00	$490.00 ➝ $600.00	Market Perform ➝ Market Perform	Low
4/18/2024	RACE Ferrari	Boost Price Target	$409.00	$448.00 ➝ $512.00	Outperform ➝ Outperform	Low
4/18/2024	META Meta Platforms	Boost Price Target	$481.00	$535.00 ➝ $590.00	Outperform ➝ Outperform	Low
4/18/2024	PACB Pacific Biosciences of California	Lower Price Target	$2.00	$9.00 ➝ $2.50	Outperform ➝ Outperform	Low
4/18/2024	COIN Coinbase Global	Boost Price Target	$211.00	$80.00 ➝ $200.00	Market Perform ➝ Market Perform	Low
4/18/2024	PYPL PayPal	Boost Price Target	$62.00	$66.00 ➝ $68.00	Market Perform ➝ Market Perform	Low
4/18/2024	ABX Barrick Gold	Boost Price Target	C$24.00	C$31.00 ➝ C$32.00	Outperform	N/A
4/17/2024	VWAGY Volkswagen	Reiterated Rating	$15.00		Outperform ➝ Market Perform	N/A
4/15/2024	CNR Canadian National Railway	Boost Price Target	C$175.00	C$191.00 ➝ C$195.00	Outperform	N/A
4/15/2024	CP Canadian Pacific Kansas City	Boost Price Target	C$116.00	C$117.00 ➝ C$118.00	Hold	N/A
4/12/2024	ASML ASML	Lower Price Target	$860.00	$1,072.00 ➝ $1,052.00	Outperform ➝ Outperform	Low
4/11/2024	KVUE Kenvue	Initiated Coverage	$20.00	$18.00	Underperform	Low
4/10/2024	EQT EQT	Upgrade	$37.00	$27.00 ➝ $34.00	Underperform ➝ Market Perform	Low
4/8/2024	AS Amer Sports	Reiterated Rating	$14.00	$18.50 ➝ $16.00	Outperform ➝ Market Perform	Low
4/8/2024	BA Boeing	Lower Price Target	$170.00	$272.00 ➝ $240.00	Outperform ➝ Outperform	Low
4/5/2024	NTRA Natera	Upgrade	$85.00	$120.00	Market Perform ➝ Outperform	Low
4/4/2024	RDDT Reddit	Initiated Coverage	$41.00	$40.00	Underperform	Low
3/27/2024	BGNE BeiGene	Lower Price Target	$130.00	$196.00 ➝ $161.00	Market Perform ➝ Market Perform	Low
3/26/2024	CMG Chipotle Mexican Grill	Boost Price Target	$2,870.00	$2,800.00 ➝ $3,200.00	Outperform ➝ Outperform	Low
3/26/2024	TSLA Tesla	Lower Price Target	$147.00	$150.00 ➝ $120.00	Underperform ➝ Underperform	Low
3/22/2024	NKE NIKE	Lower Price Target	$95.00	$134.00 ➝ $120.00	Outperform ➝ Outperform	Low
3/18/2024	CHTR Charter Communications	Upgrade	$265.00	$370.00	Market Perform ➝ Outperform	Low
3/14/2024	S SentinelOne	Boost Price Target	$20.00	$34.00 ➝ $37.00	Outperform ➝ Outperform	Low
3/14/2024	SE SEA	Boost Price Target	$55.00	$60.00 ➝ $70.00	Outperform ➝ Outperform	N/A
3/14/2024	CART Maplebear	Upgrade	$35.00	$30.00 ➝ $43.00	Market Perform ➝ Outperform	Low
3/14/2024	HOOD Robinhood Markets	Initiated Coverage	$17.00	$30.00	Outperform	Low
3/13/2024	IHG InterContinental Hotels Group	Downgrade	$97.00		Market Perform ➝ Underperform	Low
3/12/2024	REGN Regeneron Pharmaceuticals	Initiated Coverage	$897.00	$1,125.00	Outperform	Low
3/7/2024	BAYRY Bayer Aktiengesellschaft	Reiterated Rating	$7.00		Outperform ➝ Market Perform	Low
3/7/2024	NIO NIO	Lower Price Target	$4.00	$7.50 ➝ $5.50	Market Perform ➝ Market Perform	Low
3/7/2024	IBM International Business Machines	Boost Price Target	$182.00	$165.00 ➝ $186.00	Market Perform ➝ Market Perform	Low
3/5/2024	AAL American Airlines Group	Boost Price Target	$14.00	$20.00 ➝ $21.00	Outperform ➝ Outperform	Low
3/5/2024	SFIX Stitch Fix	Lower Price Target	$2.00	$4.00 ➝ $3.40	Market Perform ➝ Market Perform	Low
3/5/2024	SE SEA	Boost Price Target	$55.00	$50.00 ➝ $60.00	Outperform ➝ Outperform	Low
3/5/2024	GTLB GitLab	Boost Price Target	$51.00	$71.00 ➝ $76.00	Outperform ➝ Outperform	Low
3/1/2024	ZS Zscaler	Lower Price Target	$169.00	$311.00 ➝ $280.00	Outperform ➝ Outperform	Low
3/1/2024	DELL Dell Technologies	Boost Price Target	$115.00	$90.00 ➝ $120.00	Outperform ➝ Outperform	Low
2/29/2024	OKTA Okta	Boost Price Target	$92.00	$84.00 ➝ $114.00	Market Perform ➝ Market Perform	Low
2/29/2024	ALC Alcon	Boost Price Target	$80.00	$93.00 ➝ $96.60	Outperform ➝ Outperform	N/A
2/28/2024	STLA Stellantis	Downgrade	$26.00		Outperform ➝ Market Perform	Low
2/26/2024	AS Amer Sports	Initiated Coverage	$14.00	$18.50	Outperform	Low
2/22/2024	WEN Wendy's	Downgrade	$19.00	$24.00 ➝ $20.00	Outperform ➝ Market Perform	Low
2/22/2024	NVDA NVIDIA	Boost Price Target	$762.00	$700.00 ➝ $1,000.00	Outperform ➝ Outperform	Low
2/21/2024	AMKBY A.P. Møller - Mærsk A/S	Initiated Coverage	$7.00		Underperform	Low
2/20/2024	LUV Southwest Airlines	Upgrade	$29.00	$26.00 ➝ $32.00	Underperform ➝ Market Perform	Low
2/14/2024	WING Wingstop	Initiated Coverage	$347.00	$340.00	Outperform	Low
2/5/2024	CNR Canadian National Railway	Boost Price Target	C$175.00	C$187.00 ➝ C$191.00	Outperform	N/A
2/5/2024	CP Canadian Pacific Kansas City	Boost Price Target	C$116.00	C$112.00 ➝ C$117.00	Market Perform	N/A
2/2/2024	VRTX Vertex Pharmaceuticals	Downgrade	$394.00		Outperform ➝ Market Perform	Low
2/2/2024	AMZN Amazon.com	Boost Price Target	$175.00	$175.00 ➝ $200.00	Outperform	Low
2/2/2024	META Meta Platforms	Boost Price Target	$481.00	$435.00 ➝ $535.00	Outperform	Low
1/31/2024	CGC Canopy Growth	Boost Price Target	$8.00	$5.00	Market Perform	Low
1/30/2024	WEED Canopy Growth	Boost Price Target	C$11.00	C$1.49 ➝ C$6.70		N/A
1/30/2024	CRON Cronos Group	Lower Price Target	C$3.00	C$2.84 ➝ C$2.82	Market Perform	N/A
1/30/2024	TLRY Tilray Brands	Lower Price Target	C$2.00	C$3.92 ➝ C$2.95		N/A
1/29/2024	HSY Hershey	Upgrade	$185.00	$235.00	Market Perform ➝ Outperform	Low
1/29/2024	VLVLY AB Volvo (publ)	Downgrade	$26.00		Outperform ➝ Market Perform	Low
1/25/2024	ABX Barrick Gold	Lower Price Target	C$24.00	C$30.00 ➝ C$29.00	Outperform	N/A
1/24/2024	NFLX Netflix	Boost Price Target	$555.00	$390.00 ➝ $490.00	Market Perform	Low
1/24/2024	PSNY Polestar Automotive Holding UK	Initiated Coverage	$1.00	$1.15	Underperform	Low
1/23/2024	ALC Alcon	Initiated Coverage	$80.00	$94.40	Outperform	N/A
1/22/2024	NSC Norfolk Southern	Upgrade	$241.00	$272.00	Market Perform ➝ Outperform	Low
1/22/2024	UNP Union Pacific	Upgrade	$232.00	$280.00	Market Perform ➝ Outperform	Low
1/22/2024	ASML ASML	Upgrade	$860.00		Market Perform ➝ Outperform	Low
1/22/2024	CNR Canadian National Railway	Boost Price Target	C$175.00	C$165.00 ➝ C$187.00	Market Perform	N/A
1/22/2024	CP Canadian Pacific Kansas City	Boost Price Target	C$116.00	C$107.00 ➝ C$112.00	Outperform	N/A
1/18/2024	NET Cloudflare	Initiated Coverage	$84.00	$85.00	Market Perform	Low
1/18/2024	CRWD CrowdStrike	Initiated Coverage	$283.00	$334.00	Outperform	Low
1/18/2024	FTNT Fortinet	Initiated Coverage	$63.00	$65.00	Market Perform	Low
1/18/2024	PANW Palo Alto Networks	Initiated Coverage	$278.00		Outperform	Low
1/18/2024	S SentinelOne	Initiated Coverage	$20.00	$34.00	Outperform	Low
1/18/2024	ZS Zscaler	Initiated Coverage	$169.00	$311.00	Outperform	Low
1/16/2024	FND Floor & Decor	Downgrade	$108.00	$100.00 ➝ $115.00	Outperform ➝ Market Perform	Low
1/16/2024	HPE Hewlett Packard Enterprise	Downgrade	$17.00	$20.00 ➝ $17.00	Outperform ➝ Market Perform	Low
1/16/2024	SAM Boston Beer	Upgrade	$287.00	$280.00 ➝ $335.00	Underperform ➝ Market Perform	Low
1/9/2024	DPZ Domino's Pizza	Upgrade	$474.00	$330.00 ➝ $370.00	Underperform ➝ Market Perform	Low
1/8/2024	FCX Freeport-McMoRan	Upgrade	$50.00	$41.00 ➝ $48.50	Market Perform ➝ Outperform	Low
1/8/2024	LUV Southwest Airlines	Downgrade	$29.00	$29.00 ➝ $24.00	Market Perform ➝ Underperform	Low
1/8/2024	GOLD Barrick Gold	Downgrade	$17.00		Outperform ➝ Market Perform	Low
1/8/2024	TMO Thermo Fisher Scientific	Reiterated Rating	$545.00		Outperform ➝ Market Perform	Low
1/8/2024	ABX Barrick Gold	Upgrade	C$24.00	C$26.00 ➝ C$30.00	Market Perform ➝ Outperform	N/A
1/8/2024	NTDOY Nintendo	Upgrade	$12.00		Market Perform ➝ Outperform	Low
1/5/2024	HWM Howmet Aerospace	Initiated Coverage	$63.00	$67.00	Outperform	Low
1/4/2024	ADI Analog Devices	Downgrade	$183.00	$200.00	Outperform ➝ Market Perform	Low
1/4/2024	CI The Cigna Group	Upgrade	$352.00	$330.00 ➝ $372.00	Market Perform ➝ Outperform	Low
1/4/2024	HCA HCA Healthcare	Downgrade	$305.00	$277.00 ➝ $301.00	Outperform ➝ Market Perform	Low
1/4/2024	LULU Lululemon Athletica	Boost Price Target	$352.00	$400.00 ➝ $430.00	Market Perform	Low
1/3/2024	DELL Dell Technologies	Boost Price Target	$115.00	$80.00 ➝ $90.00	Outperform ➝ Outperform	Low
1/2/2024	REPYY Repsol	Downgrade	$16.00		Outperform ➝ Market Perform	Low
12/21/2023	CAT Caterpillar	Boost Price Target	$355.00	$216.00 ➝ $245.00	Market Perform ➝ Market Perform	Low
12/15/2023	ILMN Illumina	Upgrade	$117.00		Underperform ➝ Market Perform	Low
12/11/2023	RBGLY Reckitt Benckiser Group	Upgrade	$10.00		Market Perform ➝ Outperform	Low
12/11/2023	UL Unilever	Upgrade	$47.00		Underperform ➝ Market Perform	Low
12/8/2023	LULU Lululemon Athletica	Boost Price Target	$352.00	$366.00 ➝ $400.00	Market Perform ➝ Market Perform	Low
11/30/2023	QSR Restaurant Brands International	Upgrade	$71.00	$85.00	Market Perform ➝ Outperform	Low
11/28/2023	CFLT Confluent	Initiated Coverage	$27.00	$34.00	Outperform	Low
11/22/2023	NVDA NVIDIA	Boost Price Target	$762.00	$675.00 ➝ $700.00	Outperform	Low
11/16/2023	DROOF Deliveroo	Downgrade	$2.00		Outperform ➝ Market Perform	Low
11/14/2023	SJM J. M. Smucker	Upgrade	$115.00	$123.00 ➝ $119.00	Underperform ➝ Market Perform	Low
11/14/2023	KHC Kraft Heinz	Upgrade	$38.00	$40.00	Market Perform ➝ Outperform	Low