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
12/4/2025	CVS CVS Health	Reiterated Rating	$77.00		Market Perform ➝ Market Perform
12/4/2025	DLTR Dollar Tree	Reiterated Rating	$116.00	$109.00	Market Perform ➝ Market Perform
12/4/2025	CRM Salesforce	Reiterated Rating	$248.00		Underperform ➝ Underperform
12/4/2025	SNOW Snowflake	Reiterated Rating	$234.00	$237.00	Market Perform ➝ Market Perform
12/4/2025	FIVE Five Below	Reiterated Rating	$168.00	$173.00	Market Perform ➝ Market Perform
12/3/2025	GTLB GitLab	Reiterated Rating	$38.00		Outperform ➝ Outperform
12/3/2025	CRWD CrowdStrike	Reiterated Rating	$513.00	$353.00	Market Perform ➝ Market Perform
12/2/2025	DPZ Domino's Pizza	Reiterated Rating	$427.00	$490.00	Market Perform ➝ Market Perform
12/2/2025	ROL Rollins	Reiterated Rating	$60.00		Outperform ➝ Outperform
12/2/2025	MDB MongoDB	Boost Price Target	$397.00	$338.00 ➝ $452.00	Outperform ➝ Outperform
12/1/2025	HPQ HP	Reiterated Rating	$26.00		Market Perform ➝ Market Perform
12/1/2025	OKTA Okta	Reiterated Rating	$86.00		Outperform ➝ Outperform
12/1/2025	ZS Zscaler	Downgrade	$242.00		Outperform ➝ Hold
11/28/2025	WTBDY Whitbread	Downgrade	$8.00		Strong-Buy ➝ Strong Sell
11/28/2025	ESYJY easyJet	Upgrade	$7.00		Market Perform ➝ Outperform
11/28/2025	EJTTF easyjet	Upgrade	$6.00		Hold ➝ Strong-Buy
11/26/2025	WDAY Workday	Lower Price Target	$217.00	$304.00 ➝ $298.00	Outperform ➝ Outperform
11/26/2025	ZS Zscaler	Boost Price Target	$242.00	$251.00 ➝ $264.00	Outperform ➝ Market Perform
11/26/2025	BABA Alibaba Group	Lower Price Target	$157.00	$200.00 ➝ $190.00	Outperform ➝ Outperform
11/26/2025	SJM J. M. Smucker	Boost Price Target	$100.00	$110.00 ➝ $113.00	Market Perform ➝ Market Perform
11/26/2025	ADI Analog Devices	Reiterated Rating	$277.00	$270.00	Market Perform ➝ Market Perform
11/26/2025	GLPG Galapagos	Initiated Coverage	$32.00		Hold
11/26/2025	ABEV Ambev	Reiterated Rating	$3.00	$2.88	Outperform ➝ Market Perform
11/26/2025	NVDA NVIDIA	Reiterated Rating	$183.00		Buy ➝ Buy
11/26/2025	BUD Anheuser-Busch InBev SA/NV	Reiterated Rating	$61.00		Buy ➝ Buy
11/26/2025	ABEV Ambev	Downgrade	$3.00	$2.88	Outperform ➝ Market Perform
11/25/2025	ZM Zoom Communications	Reiterated Rating	$87.00	$90.00	Market Perform ➝ Market Perform
11/25/2025	DYN Dyne Therapeutics	Reiterated Rating	$21.00	$21.00	Market Perform ➝ Market Perform
11/25/2025	VLEEY Valeo	Downgrade	$7.00		Strong-Buy ➝ Hold
11/25/2025	ZGN Ermenegildo Zegna	Initiated Coverage	$11.00	$13.00	Outperform
11/25/2025	ZGN Ermenegildo Zegna	Initiated Coverage	$11.00	$13.00	Outperform
11/24/2025	WMG Warner Music Group	Reiterated Rating	$28.00		Outperform ➝ Outperform
11/24/2025	HD Home Depot	Reiterated Rating	$351.00	$362.00	Market Perform ➝ Market Perform
11/24/2025	SARO StandardAero	Reiterated Rating	$27.00		Outperform ➝ Outperform
11/24/2025	LLY Eli Lilly and Company	Boost Price Target	$1,012.00	$1,100.00 ➝ $1,300.00	Outperform ➝ Outperform
11/24/2025	AKZOY Akzo Nobel	Downgrade	$21.00		Strong-Buy ➝ Hold
11/24/2025	PPG PPG Industries	Lower Price Target	$101.00	$129.00 ➝ $123.00	Outperform ➝ Outperform
11/21/2025	PODD Insulet	Reiterated Rating	$316.00		Outperform ➝ Outperform
11/21/2025	ROYUF Royal Unibrew A/S	Initiated Coverage	$73.00		Outperform
11/21/2025	ROST Ross Stores	Boost Price Target	$177.00	$147.00 ➝ $159.00	Market Perform ➝ Market Perform
11/21/2025	WMT Walmart	Reiterated Rating	$115.00	$118.00 ➝ $122.00	Outperform ➝ Outperform
11/21/2025	NTES NetEase	Set Price Target	$140.00	$155.00
11/21/2025	CNC Centene	Reiterated Rating	$39.00	$36.00 ➝ $45.00	Outperform ➝ Outperform
11/21/2025	APA APA	Boost Price Target	$27.00	$22.00 ➝ $26.00	Market Perform ➝ Market Perform
11/21/2025	LRCX Lam Research	Boost Price Target	$157.00	$170.00 ➝ $175.00	Outperform ➝ Outperform
11/21/2025	COP ConocoPhillips	Boost Price Target	$93.00	$115.00 ➝ $116.00	Outperform ➝ Outperform
11/21/2025	DVN Devon Energy	Boost Price Target	$38.00	$43.00 ➝ $48.00	Outperform ➝ Outperform
11/21/2025	EOG EOG Resources	Lower Price Target	$112.00	$146.00 ➝ $144.00	Market Perform ➝ Market Perform
11/20/2025	NVDA NVIDIA	Boost Price Target	$183.00	$255.00 ➝ $275.00	Outperform ➝ Outperform
11/20/2025	LUV Southwest Airlines	Boost Price Target	$36.00	$31.00 ➝ $34.00	Market Perform ➝ Market Perform
11/20/2025	LOW Lowe's Companies	Boost Price Target	$246.00	$282.00 ➝ $284.00	Outperform ➝ Outperform
11/20/2025	TGT Target	Lower Price Target	$92.00	$87.00 ➝ $80.00	Underperform ➝ Underperform
11/20/2025	TJX TJX Companies	Boost Price Target	$150.00	$152.00 ➝ $155.00	Outperform ➝ Outperform
11/20/2025	PANW Palo Alto Networks	Boost Price Target	$196.00	$207.00 ➝ $210.00	Outperform ➝ Outperform
11/19/2025	MDT Medtronic	Set Price Target	$102.00	$111.00
11/19/2025	NFLX Netflix	Reiterated Rating	$103.00		Buy
11/19/2025	HD Home Depot	Lower Price Target	$351.00	$406.00 ➝ $362.00	Market Perform ➝ Market Perform
11/19/2025	HLT Hilton Worldwide	Lower Price Target	$273.00	$288.00 ➝ $285.00	Market Perform ➝ Market Perform
11/18/2025	PDD PDD	Set Price Target	$117.00	$135.00
11/18/2025	TEAM Atlassian	Boost Price Target	$157.00	$290.00 ➝ $304.00	Outperform ➝ Outperform
11/18/2025	INTC Intel	Reiterated Rating	$40.00		Neutral
11/18/2025	NVDA NVIDIA	Reiterated Rating	$183.00		Buy ➝ Buy
11/18/2025	PDD PDD	Downgrade	$117.00		Outperform ➝ Market Perform
11/14/2025	JD JD.com	Reiterated Rating	$30.00	$38.00	Outperform ➝ Outperform
11/14/2025	ALC Alcon	Reiterated Rating	$79.00	$101.09	Outperform ➝ Outperform
11/14/2025	AMAT Applied Materials	Reiterated Rating	$269.00	$250.00	Outperform ➝ Outperform
11/14/2025	BA Boeing	Reiterated Rating	$202.00	$267.00	Outperform ➝ Outperform
11/14/2025	SUOPY SUMCO	Upgrade	$18.00		Strong Sell ➝ Hold
11/13/2025	DE Deere & Company	Boost Price Target	$483.00	$487.00 ➝ $521.00	Market Perform ➝ Market Perform
11/12/2025	DIS Walt Disney	Reiterated Rating	$105.00		Outperform ➝ Outperform
11/12/2025	PSKY Paramount Skydance	Boost Price Target	$15.00	$11.00 ➝ $12.00	Underperform ➝ Underperform
11/12/2025	CI Cigna Group	Lower Price Target	$268.00	$346.00 ➝ $294.00	Market Perform ➝ Market Perform
11/12/2025	AMD Advanced Micro Devices	Reiterated Rating	$216.00	$200.00	Market Perform ➝ Market Perform
11/12/2025	WM Waste Management	Initiated Coverage	$214.00	$255.00	Outperform
11/12/2025	WCN Waste Connections	Initiated Coverage	$173.00	$200.00	Outperform
11/12/2025	CTAS Cintas	Initiated Coverage	$184.00	$200.00	Market Perform
11/12/2025	FERG Ferguson	Initiated Coverage	$250.00	$288.00	Outperform
11/12/2025	ROL Rollins	Initiated Coverage	$60.00	$70.00	Outperform
11/12/2025	RSG Republic Services	Initiated Coverage	$215.00	$205.00	Market Perform
11/12/2025	GWW W.W. Grainger	Initiated Coverage	$969.00	$975.00	Market Perform
11/12/2025	WCN Waste Connections	Upgrade	C$242.00		Strong-Buy
11/12/2025	HSAI Hesai Group	Upgrade	$20.00		Strong-Buy
11/11/2025	FAST Fastenal	Initiated Coverage	$42.00	$38.00	Underperform
11/11/2025	CP Canadian Pacific Kansas City	Lower Price Target	C$103.00	C$121.00 ➝ C$114.00
11/11/2025	NSC Norfolk Southern	Lower Price Target	$295.00	$347.00 ➝ $333.00	Outperform ➝ Outperform
11/11/2025	FAST Fastenal	Initiated Coverage	$42.00	$38.00	Underperform
11/10/2025	LYFT Lyft	Boost Price Target	$23.00	$22.00 ➝ $23.00	Market Perform ➝ Market Perform
11/10/2025	DKNG DraftKings	Lower Price Target	$35.00	$50.00 ➝ $41.00	Outperform ➝ Outperform
11/7/2025	USFD US Foods	Reiterated Rating	$76.00		Outperform ➝ Outperform
11/7/2025	ABNB Airbnb	Reiterated Rating	$121.00	$165.00	Outperform ➝ Outperform
11/7/2025	TRIP TripAdvisor	Reiterated Rating	$15.00	$20.00	Outperform ➝ Outperform
11/7/2025	LOW Lowe's Companies	Boost Price Target	$246.00	$279.00 ➝ $282.00	Outperform ➝ Outperform
11/7/2025	TPR Tapestry	Boost Price Target	$115.00	$112.00 ➝ $115.00	Outperform ➝ Outperform
11/7/2025	HII Huntington Ingalls Industries	Reiterated Rating	$316.00	$362.00	Market Perform ➝ Market Perform
11/7/2025	CMI Cummins	Reiterated Rating	$510.00	$475.00	Market Perform ➝ Market Perform
11/7/2025	DDOG Datadog	Boost Price Target	$153.00	$170.00 ➝ $180.00	Outperform ➝ Outperform
11/7/2025	HD Home Depot	Boost Price Target	$351.00	$403.00 ➝ $406.00	Market Perform ➝ Market Perform
11/7/2025	DHLGY DHL Group	Downgrade	$53.00		Strong-Buy ➝ Hold
11/7/2025	PODD Insulet	Boost Price Target	$316.00	$400.00 ➝ $410.00
11/7/2025	WBD Warner Bros. Discovery	Boost Price Target	$25.00	$16.00 ➝ $23.50