Standpoint Research Stock Recommendations and Price Targets

This is a list of recent ratings by Standpoint Research.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
7/28/2022	BTE Baytex Energy	Lower Price Target	C$6.00	C$9.00 ➝ C$8.57		N/A
5/16/2022	TWM Tidewater Midstream and Infrastructure	Boost Price Target	C$1.00	C$2.00 ➝ C$2.15		N/A
5/5/2022	RUS Russel Metals	Reiterated Rating	C$26.00	C$39.00 ➝ C$40.00	Buy	N/A
5/2/2022	BTE Baytex Energy	Reiterated Rating	C$6.00	C$7.00 ➝ C$8.25	Buy	N/A
5/2/2022	AAV Advantage Energy	Boost Price Target	C$10.00	C$11.25 ➝ C$12.75	Buy	N/A
2/10/2022	ECN ECN Capital	Boost Price Target	C$5.00	C$6.00 ➝ C$7.50	Buy	N/A
8/11/2021	ECN ECN Capital	Boost Price Target	C$5.00	C$14.00		N/A
8/9/2021	VWAGY Volkswagen	Initiated Coverage	$16.00	$54.00	Buy	Low
1/27/2021	BBBY Bed Bath & Beyond	Downgrade	$6.00		Buy ➝ Hold	High
1/13/2021	GME GameStop	Downgrade	$25.00		Buy ➝ Hold	High
12/11/2020	LIT Global X Lithium & Battery Tech ETF	Downgrade	$66.00		Buy ➝ Hold	N/A
12/11/2020	QCOM QUALCOMM	Downgrade	$113.00		Buy ➝ Hold	Low
12/11/2020	AVGO Broadcom	Downgrade	$444.00		Buy ➝ Hold	Low
11/2/2020	HEXO HEXO	Lower Price Target	C$0.00	C$0.90 ➝ C$0.60		N/A
9/11/2020	XOM Exxon Mobil	Upgrade	$87.00		Hold ➝ Buy	Low
9/8/2020	HPE Hewlett Packard Enterprise	Upgrade	$12.00		Hold ➝ Buy	Medium
9/8/2020	HPQ HP	Upgrade	$25.00		Hold ➝ Buy	Medium
9/8/2020	INTC Intel	Upgrade	$26.00		Hold ➝ Buy	High
9/8/2020	OMC Omnicom Group	Initiated Coverage	$63.00		Buy	Medium
8/3/2020	Z Zillow Group	Downgrade	$29.00		Buy ➝ Hold	Low
8/3/2020	UPS United Parcel Service	Downgrade	$162.00		Buy ➝ Hold	Low
8/3/2020	SWKS Skyworks Solutions	Downgrade	$85.00		Buy ➝ Hold	Low
6/9/2020	XOM Exxon Mobil	Downgrade	$87.00		Buy ➝ Hold	Low
6/9/2020	C Citigroup	Downgrade	$42.00		Buy ➝ Hold	Medium
6/9/2020	EMN Eastman Chemical	Downgrade	$71.00		Buy ➝ Hold	Medium
6/9/2020	CAT Caterpillar	Downgrade	$164.00		Buy ➝ Hold	Low
5/18/2020	DBI Designer Brands	Upgrade	$15.00		Hold ➝ Buy	N/A
5/18/2020	OXY Occidental Petroleum	Upgrade	$61.00		Hold ➝ Buy	High
5/18/2020	VOD Vodafone Group Public	Upgrade	$11.00		Reduce ➝ Buy	Medium
5/18/2020	CAG Conagra Brands	Downgrade	$33.00		Buy ➝ Hold	High
5/18/2020	BCO Brink's	Upgrade	$48.00		Hold ➝ Buy	Low
5/18/2020	WPM Wheaton Precious Metals	Downgrade	$32.00		Buy ➝ Hold	Medium
5/18/2020	C Citigroup	Upgrade	$42.00		Hold ➝ Buy	Low
5/18/2020	EOG EOG Resources	Downgrade	$112.00		Buy ➝ Hold	Low
5/18/2020	QSR Restaurant Brands International	Initiated Coverage	$53.00		Buy	Low
5/18/2020	NEM Newmont	Downgrade	$42.00		Buy ➝ Hold	Low
5/18/2020	PNC The PNC Financial Services Group	Initiated Coverage	$149.00		Accumulate	Medium
5/18/2020	URI United Rentals	Downgrade	$270.00		Buy ➝ Hold	Medium
2/27/2020	GT Goodyear Tire & Rubber	Upgrade	$10.00		Hold ➝ Buy	Medium
2/27/2020	HRB H&R Block	Upgrade	$43.00		Hold ➝ Buy	High
2/27/2020	CAG Conagra Brands	Upgrade	$33.00		Hold ➝ Buy	Medium
2/27/2020	PFE Pfizer	Upgrade	$44.00		Hold ➝ Buy	High
2/27/2020	CSCO Cisco Systems	Upgrade	$40.00		Hold ➝ Buy	High
2/27/2020	AIG American International Group	Upgrade	$47.00		Hold ➝ Buy	Medium
2/27/2020	EMN Eastman Chemical	Upgrade	$71.00		Hold ➝ Buy	High
2/27/2020	UAL United Airlines	Upgrade	$33.00		Hold ➝ Buy	High
2/27/2020	EXP Eagle Materials	Upgrade	$107.00		Hold ➝ Buy	Medium
2/27/2020	UPS United Parcel Service	Upgrade	$162.00		Hold ➝ Buy	Medium
2/27/2020	WYNN Wynn Resorts	Upgrade	$63.00		Hold ➝ Buy	Medium
1/16/2020	LVS Las Vegas Sands	Downgrade	$38.00		Buy ➝ Hold	Low
1/16/2020	WYNN Wynn Resorts	Downgrade	$63.00		Buy ➝ Hold	Low
12/23/2019	BEN Franklin Resources	Initiated Coverage	$22.00		Accumulate	Low
12/23/2019	NCR NCR	Initiated Coverage	$19.00		Accumulate	Medium
12/23/2019	FL Foot Locker	Upgrade	$31.00		Hold ➝ Buy	Medium
12/23/2019	BK Bank of New York Mellon	Initiated Coverage	$39.00		Accumulate	Low
12/23/2019	CCL Carnival Co. &	Upgrade	$7.00		Hold ➝ Buy	Low
12/23/2019	NTAP NetApp	Upgrade	$62.00		Hold ➝ Buy	Low
12/12/2019	CAT Caterpillar	Downgrade	$164.00		Buy ➝ Hold	Low
11/1/2019	UCTT Ultra Clean	Downgrade	$26.00		Buy ➝ Hold	Low
11/1/2019	JBL Jabil	Downgrade	$58.00		Buy ➝ Hold	Low
11/1/2019	T AT&T	Downgrade	$15.00		Buy ➝ Hold	Low
11/1/2019	BMY Bristol-Myers Squibb	Downgrade	$71.00		Buy ➝ Hold	Low
11/1/2019	BIIB Biogen	Downgrade	$267.00		Buy ➝ Hold	Low