QUICK MARKET SUMMARY: CONSUMER: 🔸 Calavo Growers ( $CVGW): $25M buyback. 🔸 Tesla ( $TSLA): Upgraded to Overweight at Cantor, PT $425. 🔸 Waldencast ( $WALD): Q4 EBITDA missed slightly; FY guidance below estimates. ENERGY/INDUSTRIALS/MATERIALS: 🔸 Kratos ( $KTOS): Building $50M hypersonic facility in Indiana. 🔸 Mosaic ( $MOS): Upgraded to Overweight at Barclays, PT $33. FINANCIALS: 🔸 Goldman Sachs ( $GS), Carlyle (CG), Jefferies (JEF): Downgraded at Oppenheimer. 🔸 Morgan Stanley ( $MS): Plans 2,000 job cuts. 🔸 StoneCo ( $STNE): Strong Q4 EPS and revenue beat; upbeat 2025 profit outlook. HEALTHCARE: 🔸 Absci ( $ABSI): Missed Q4; cash runway into 1H’27. 🔸 Gilead ( $GILD): Shares drop as CDC HIV division review raises concerns. 🔸 HealthEquity ( $HQY): Slight Q4 miss; FY guidance in line. 🔸 Inovio ( $INO): Missed Q4; cash runway into Q1’26. 🔸 OmniAb ( $OABI): Revenue beat; stronger FY outlook. 🔸 Pfizer ( $PFE): Raised $3.3B from Haleon stake sale. 🔸 Purdue Pharma: Filed new bankruptcy plan for opioid settlement. 🔸 Trevi ( $TRVI): Positive trial data; strong cash position. TECH/MEDIA/TELECOM: 🔸 Asana ( $ASAN): Filed mixed securities shelf. 🔸 Foxconn: Expects server revenue to surpass iPhones in 2 years. 🔸 FuboTV ( $FUBO): Partnered with Texas Rangers for streaming broadcasts. 🔸 HPE & NVIDIA ( $NVDA): Launched new AI solutions. 🔸 Oracle ( $ORCL) & NVIDIA (NVDA): Announced major AI integration. 🔸 Synopsys ( $SNPS) & NVIDIA: Teaming up to speed chip design. 🔸 Teradyne Robotics ( $TER): Showcasing AI robotics at NVIDIA GTC 2025.

#Upgrades - Dec 06, 2024 • $ACN: Goldman Sachs Upgrades to Buy from Neutral - PT $420 (from $370) • $ASAN: KeyBanc Upgrades to Sector Weight from Underweight • $BRX: BMO Capital Upgrades to Outperform from Market Perform - PT $33 • $DG: BofA Securities Upgrades to Buy from Underperform - PT $95 • $EPAM: Goldman Sachs Upgrades to Buy from Neutral - PT $295 (from $235) • $FTI: Jefferies Upgrades to Buy from Hold - PT $40 (from $29) • $KC: UBS Upgrades to Buy from Neutral - PT $12.50 (from $4.20) • $PCH: BMO Capital Upgrades to Outperform from Market Perform - PT $51 • $PJT: UBS Upgrades to Neutral from Sell - PT $175 (from $130) • $PTON: UBS Upgrades to Neutral from Sell - PT $10 (from $2.50) • $PUMP: JPMorgan Upgrades to Neutral from Underweight - PT $10 • $RIG: JPMorgan Upgrades to Neutral from Underweight - PT $5 • $RSG: BMO Capital Upgrades to Outperform from Market Perform - PT $238 • $SHOP: Loop Capital Upgrades to Buy from Hold - PT $140 • $SITE: Jefferies Upgrades to Buy from Hold - PT $175 (from $145) • $TKR: Jefferies Upgrades to Buy from Hold • $WSBC: Raymond James Upgrades to Strong Buy from Outperform - PT $44 (from $35) • $WY: BMO Capital Upgrades to Outperform from Market Perform - PT $38