SVB Securities Stock Recommendations and Price Targets

This is a list of recent ratings by SVB Securities.

Date	Company Name	Action	Current Price	Price Target	Rating
8/15/2023	DMRA Damora Therapeutics, Inc. Common Stock	Downgrade	$25.00		Outperform ➝ Market Perform
8/15/2023	DSGN Design Therapeutics	Downgrade	$13.00	$6.00	Outperform ➝ Market Perform
8/15/2023	CNTA Centessa Pharmaceuticals	Boost Price Target	$40.00	$6.00 ➝ $11.00	Outperform ➝ Outperform
8/15/2023	CYTK Cytokinetics	Initiated Coverage	$63.00	$58.00	Outperform
8/8/2023	RLAY Relay Therapeutics	Initiated Coverage	$13.00		Outperform
8/8/2023	QTRX Quanterix	Upgrade	$3.00	$30.00	Market Perform ➝ Outperform
8/8/2023	EXEL Exelixis	Initiated Coverage	$44.00	$18.00	Market Perform
8/8/2023	IDYA IDEAYA Biosciences	Initiated Coverage	$28.00	$33.00	Outperform
8/8/2023	NUVL Nuvalent	Initiated Coverage	$99.00	$42.00	Market Perform
8/4/2023	NVCR NovoCure	Initiated Coverage	$17.00	$51.00	Outperform
7/26/2023	BLTE Belite Bio	Initiated Coverage	$155.00	$25.00	Outperform
7/24/2023	NBIX Neurocrine Biosciences	Upgrade	$132.00	$115.00 ➝ $125.00	Market Perform ➝ Outperform
7/13/2023	CYRX CryoPort	Downgrade	$10.00	$30.00 ➝ $10.00	Outperform ➝ Market Perform
7/10/2023	BMY Bristol Myers Squibb	Initiated Coverage	$58.00	$66.00	Market Perform
6/26/2023	MLTX MoonLake Immunotherapeutics	Boost Price Target	$17.00	$28.00 ➝ $56.00
6/20/2023	EHAB Enhabit	Initiated Coverage	$14.00	$10.00	Underperform
6/14/2023	PEPG PepGen	Lower Price Target	$2.00	$33.00 ➝ $28.00
6/14/2023	UNH UnitedHealth Group	Lower Price Target	$369.00	$625.00 ➝ $560.00
6/12/2023	OCS Oculis	Initiated Coverage	$27.00		Outperform
6/8/2023	CVAC CureVac	Initiated Coverage	$5.00	$13.00	Outperform
6/5/2023	CSTL Castle Biosciences	Lower Price Target	$25.00	$50.00 ➝ $35.00
5/26/2023	UHS Universal Health Services	Upgrade	$167.00	$147.00 ➝ $170.00	Market Perform ➝ Outperform
5/24/2023	A Agilent Technologies	Lower Price Target	$115.00	$170.00 ➝ $145.00	Outperform
5/23/2023	VECT VectivBio	Downgrade	$17.00		Outperform ➝ Market Perform
5/12/2023	ARWR Arrowhead Pharmaceuticals	Downgrade	$75.00	$40.00	Outperform ➝ Market Perform
5/5/2023	ABCL AbCellera Biologics	Lower Price Target	$4.00	$16.00 ➝ $15.00
5/5/2023	ALHC Alignment Healthcare	Lower Price Target	$20.00	$24.00 ➝ $12.00
5/5/2023	VIR Vir Biotechnology	Lower Price Target	$10.00	$43.00 ➝ $42.00
5/5/2023	PRVA Privia Health Group	Boost Price Target	$25.00	$39.00 ➝ $40.00
5/5/2023	AGIO Agios Pharmaceuticals	Lower Price Target	$28.00	$37.00 ➝ $34.00
5/5/2023	LNTH Lantheus	Boost Price Target	$86.00	$120.00 ➝ $127.00
5/5/2023	REGN Regeneron Pharmaceuticals	Lower Price Target	$701.00	$976.00 ➝ $895.00