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
12/12/2025	CVS CVS Health	Boost Price Target	$79.00	$86.00 ➝ $87.00	Market Perform ➝ Market Perform
12/12/2025	AVGO Broadcom	Reiterated Rating	$360.00	$400.00 ➝ $475.00	Outperform ➝ Outperform
12/12/2025	COST Costco Wholesale	Boost Price Target	$884.00	$1,134.00 ➝ $1,146.00	Outperform ➝ Outperform
12/12/2025	DOL Dollarama	Boost Price Target	C$202.00	C$223.00 ➝ C$232.00
12/11/2025	FLUT Flutter Entertainment	Reiterated Rating	$223.00		Market Perform ➝ Market Perform
12/11/2025	MKC McCormick & Company, Incorporated	Reiterated Rating	$67.00	$87.00	Outperform ➝ Outperform
12/11/2025	RACE Ferrari	Reiterated Rating	$367.00		Outperform ➝ Outperform
12/11/2025	SLB SLB	Boost Price Target	$39.00	$47.60 ➝ $52.30	Outperform ➝ Outperform
12/11/2025	ORCL Oracle	Lower Price Target	$190.00	$364.00 ➝ $339.00	Outperform ➝ Outperform
12/11/2025	FLUT Flutter Entertainment	Lower Price Target	$223.00	$275.00 ➝ $245.00	Market Perform ➝ Market Perform
12/11/2025	RNMBY Rheinmetall	Upgrade	$381.00		Hold ➝ Outperform
12/11/2025	BBIO BridgeBio Pharma	Initiated Coverage	$75.00	$94.00	Outperform
12/11/2025	ASML ASML	Reiterated Rating	$1,081.00		Neutral
12/10/2025	AB AllianceBernstein	Reiterated Rating	$40.00		Neutral ➝ Neutral
12/10/2025	NFLX Netflix	Reiterated Rating	$95.00	$125.00	Outperform ➝ Outperform
12/10/2025	IBM International Business Machines	Reiterated Rating	$309.00		Market Perform ➝ Market Perform
12/10/2025	MCD McDonald's	Reiterated Rating	$317.00		Market Perform ➝ Market Perform
12/10/2025	FERG Ferguson	Reiterated Rating	$224.00	$288.00	Outperform ➝ Outperform
12/10/2025	FER Ferrovial	Downgrade	$67.00		Strong-Buy ➝ Market Perform
12/10/2025	SNMRF Snam	Downgrade	$7.00		Market Perform
12/10/2025	OLLI Ollie's Bargain Outlet	Reiterated Rating	$114.00		Outperform ➝ Outperform
12/10/2025	CPB Campbell's	Lower Price Target	$29.00	$39.00 ➝ $33.00	Outperform ➝ Outperform
12/10/2025	SNMRY Snam	Downgrade	$13.00		Strong-Buy ➝ Hold
12/9/2025	DE Deere & Company	Reiterated Rating	$485.00		Market Perform ➝ Market Perform
12/9/2025	APD Air Products and Chemicals	Reiterated Rating	$243.00		Outperform ➝ Outperform
12/9/2025	DYN Dyne Therapeutics	Set Price Target	$19.00	$23.00
12/9/2025	NVDA NVIDIA	Reiterated Rating	$175.00		Buy
12/9/2025	RDEIY Redeia Corporacion	Upgrade	$9.00		Hold ➝ Strong-Buy
12/8/2025	MSTR Strategy	Set Price Target	$176.00	$600.00 ➝ $450.00	Outperform ➝ Outperform
12/8/2025	ENLAY Enel	Downgrade	$10.00		Strong-Buy ➝ Hold
12/7/2025	TSM Taiwan Semiconductor Manufacturing	Boost Price Target	$292.00	$290.00 ➝ $330.00	Outperform ➝ Outperform
12/5/2025	PCAR PACCAR	Reiterated Rating	$112.00	$125.00	Outperform ➝ Outperform
12/5/2025	KNYJY Kone Oyj	Upgrade	$35.00		Strong-Buy
12/5/2025	SCHP Schwab U.S. TIPS ETF	Upgrade	$27.00		Hold
12/4/2025	CVS CVS Health	Boost Price Target	$79.00	$77.00 ➝ $86.00	Market Perform ➝ Market Perform
12/4/2025	DLTR Dollar Tree	Reiterated Rating	$130.00	$109.00	Market Perform ➝ Market Perform
12/4/2025	CRM Salesforce	Reiterated Rating	$262.00		Underperform ➝ Underperform
12/4/2025	SNOW Snowflake	Reiterated Rating	$218.00	$237.00	Market Perform ➝ Market Perform
12/4/2025	FIVE Five Below	Reiterated Rating	$183.00	$173.00	Market Perform ➝ Market Perform
12/3/2025	GTLB GitLab	Reiterated Rating	$40.00		Outperform ➝ Outperform
12/3/2025	CRWD CrowdStrike	Reiterated Rating	$505.00	$353.00	Market Perform ➝ Market Perform
12/2/2025	DPZ Domino's Pizza	Reiterated Rating	$432.00	$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	$419.00	$338.00 ➝ $452.00	Outperform ➝ Outperform
12/1/2025	HPQ HP	Reiterated Rating	$25.00		Market Perform ➝ Market Perform
12/1/2025	OKTA Okta	Reiterated Rating	$90.00		Outperform ➝ Outperform
12/1/2025	ZS Zscaler	Downgrade	$236.00		Outperform ➝ Hold
11/28/2025	WTBDY Whitbread	Downgrade	$8.00		Strong-Buy ➝ Strong Sell
11/28/2025	ESYJY easyJet	Upgrade	$6.00		Market Perform ➝ Outperform
11/28/2025	EJTTF easyjet	Upgrade	$6.00		Hold ➝ Strong-Buy
11/26/2025	WDAY Workday	Lower Price Target	$224.00	$304.00 ➝ $298.00	Outperform ➝ Outperform
11/26/2025	ZS Zscaler	Boost Price Target	$236.00	$251.00 ➝ $264.00	Outperform ➝ Market Perform
11/26/2025	BABA Alibaba Group	Lower Price Target	$156.00	$200.00 ➝ $190.00	Outperform ➝ Outperform
11/26/2025	SJM J. M. Smucker	Boost Price Target	$102.00	$110.00 ➝ $113.00	Market Perform ➝ Market Perform
11/26/2025	ADI Analog Devices	Reiterated Rating	$279.00	$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	ABEV Ambev	Downgrade	$3.00	$2.88	Outperform ➝ Market Perform
11/26/2025	NVDA NVIDIA	Reiterated Rating	$175.00		Buy ➝ Buy
11/26/2025	BUD Anheuser-Busch InBev SA/NV	Reiterated Rating	$64.00		Buy ➝ Buy
11/25/2025	ZM Zoom Communications	Reiterated Rating	$90.00	$90.00	Market Perform ➝ Market Perform
11/25/2025	DYN Dyne Therapeutics	Reiterated Rating	$19.00	$21.00	Market Perform ➝ Market Perform
11/25/2025	VLEEY Valeo	Downgrade	$6.00		Strong-Buy ➝ Hold
11/25/2025	ZGN Ermenegildo Zegna	Initiated Coverage	$10.00	$13.00	Outperform
11/25/2025	ZGN Ermenegildo Zegna	Initiated Coverage	$10.00	$13.00	Outperform
11/24/2025	WMG Warner Music Group	Reiterated Rating	$28.00		Outperform ➝ Outperform
11/24/2025	HD Home Depot	Reiterated Rating	$360.00	$362.00	Market Perform ➝ Market Perform
11/24/2025	SARO StandardAero	Reiterated Rating	$28.00		Outperform ➝ Outperform
11/24/2025	LLY Eli Lilly and Company	Boost Price Target	$1,028.00	$1,100.00 ➝ $1,300.00	Outperform ➝ Outperform
11/24/2025	AKZOY Akzo Nobel	Downgrade	$22.00		Strong-Buy ➝ Hold
11/24/2025	PPG PPG Industries	Lower Price Target	$103.00	$129.00 ➝ $123.00	Outperform ➝ Outperform
11/21/2025	PODD Insulet	Reiterated Rating	$296.00		Outperform ➝ Outperform
11/21/2025	ROYUF Royal Unibrew A/S	Initiated Coverage	$73.00		Outperform
11/21/2025	ROST Ross Stores	Boost Price Target	$182.00	$147.00 ➝ $159.00	Market Perform ➝ Market Perform
11/21/2025	WMT Walmart	Reiterated Rating	$117.00	$118.00 ➝ $122.00	Outperform ➝ Outperform
11/21/2025	NTES NetEase	Set Price Target	$139.00	$155.00
11/21/2025	CNC Centene	Reiterated Rating	$41.00	$36.00 ➝ $45.00	Outperform ➝ Outperform
11/21/2025	APA APA	Boost Price Target	$26.00	$22.00 ➝ $26.00	Market Perform ➝ Market Perform
11/21/2025	LRCX Lam Research	Boost Price Target	$161.00	$170.00 ➝ $175.00	Outperform ➝ Outperform
11/21/2025	COP ConocoPhillips	Boost Price Target	$96.00	$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	$108.00	$146.00 ➝ $144.00	Market Perform ➝ Market Perform
11/20/2025	NVDA NVIDIA	Boost Price Target	$175.00	$255.00 ➝ $275.00	Outperform ➝ Outperform
11/20/2025	LUV Southwest Airlines	Boost Price Target	$41.00	$31.00 ➝ $34.00	Market Perform ➝ Market Perform
11/20/2025	LOW Lowe's Companies	Boost Price Target	$247.00	$282.00 ➝ $284.00	Outperform ➝ Outperform
11/20/2025	TGT Target	Lower Price Target	$97.00	$87.00 ➝ $80.00	Underperform ➝ Underperform
11/20/2025	TJX TJX Companies	Boost Price Target	$156.00	$152.00 ➝ $155.00	Outperform ➝ Outperform
11/20/2025	PANW Palo Alto Networks	Boost Price Target	$192.00	$207.00 ➝ $210.00	Outperform ➝ Outperform
11/19/2025	MDT Medtronic	Set Price Target	$100.00	$111.00
11/19/2025	NFLX Netflix	Reiterated Rating	$95.00		Buy
11/19/2025	HD Home Depot	Lower Price Target	$360.00	$406.00 ➝ $362.00	Market Perform ➝ Market Perform
11/19/2025	HLT Hilton Worldwide	Lower Price Target	$280.00	$288.00 ➝ $285.00	Market Perform ➝ Market Perform
11/18/2025	PDD PDD	Set Price Target	$112.00	$135.00
11/18/2025	TEAM Atlassian	Boost Price Target	$162.00	$290.00 ➝ $304.00	Outperform ➝ Outperform
11/18/2025	INTC Intel	Reiterated Rating	$38.00		Neutral
11/18/2025	NVDA NVIDIA	Reiterated Rating	$175.00		Buy ➝ Buy
11/18/2025	PDD PDD	Downgrade	$112.00		Outperform ➝ Market Perform
11/14/2025	JD JD.com	Reiterated Rating	$29.00	$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	$259.00	$250.00	Outperform ➝ Outperform