JEFFERIES: DEEPSEEK EVOLUTION, NOT REVOLUTION; AI EFFICIENCY DRIVES ADOPTION 🔸 Sees software market selloff as overdone 🔸 Maintains bullish stance on $MSFT, $AMZN, $META, $GOOGL, $SNOW 🔸 Predicts growth for $DT, $DDOG amid AI expansion 🔸 Views $ORCL drop as overreaction; core AI demand stable

BofA Updates US 1 List Additions: Datadog, Inc. ( $DDOG) Booz Allen Hamilton ( $BAH) Removals: Eli Lilly & Co. ( $LLY) Renewal: Apple Inc. ( $AAPL) after 52 weeks on the list.

#Upgrades - Oct 18, 2024 $ACI: Wells Fargo Upgrades to Overweight from Equal Weight - PT $23 (from $22) $BAC: Phillip Securities Upgrades to Accumulate from Neutral - PT $44 $CLW: RBC Capital Upgrades to Outperform from Sector Perform - PT $37 (from $48) $CTBI: Raymond James Upgrades to Outperform from Market Perform - PT $60 $DDOG: UBS Upgrades to Buy from Neutral - PT $150 (from $125) $ECL: Jefferies Upgrades to Buy from Hold - PT $310 (from $235) $NOW: OTR Global Upgrades to Positive from Mixed $TYRA: BofA Securities Upgrades to Buy from Neutral - PT $31 $VCTR: Morgan Stanley Upgrades to Equalweight from Underweight - PT $60 (from $40)