$APLT: Baird's target price adjustment: $14 to $5. RBC's target price change: $12 to $4, rating shift from outperform to sector perform. $ADSK: Citigroup's slight target price increase: $358 to $361. $BFb: Barclays' target price reduction: $53 to $49. $CF: Berenberg's target price elevation: $69 to $74. $CRWD: Citigroup's significant target price hike: $300 to $400. $DSGX: RBC's target price upgrade: $115 to $133. $DOMO: TD Cowen's minor target price lift: $9 to $10. $EQIX: Truist Securities' substantial target price increase: $935 to $1,090. $GNL: Truist Securities' target price reduction: $8.50 to $8. $SJM: Citigroup's target price rise: $134 to $137. Barclays' target price elevation: $121 to $126. $PASG: Wedbush's initiation of coverage with outperform rating, target price set at $4 from a previous $3. $PEB: Stifel's target price adjustment: $15 to $16.25. $PFE: Berenberg's target price uptick: $27 to $29. $PLL: BMO's target price increase: $9.50 to $14. $PLYM: Truist Securities' price target cut: $27 to $22. $RDNT: Truist Securities' target price boost: $80 to $94. $SW: JP Morgan's target price adjustment: $65 to $69. $SBEV: H.C. Wainwright's target price decrease: $1 to $0.50. $TXNM: Barclays' target price elevation: $46 to $52. $ULTA: Citigroup's target price increase: $345 to $390. $URBN: Citigroup's rating upgrade to buy from neutral, target price rise from $42 to $59. $VYGR: Wedbush's initiation of coverage with outperform rating, target price set at $11 from $7. $WMG: Citigroup's target price adjustment: $31 to $34.

#Upgrades - Nov 21, 2024 • $AU: Scotiabank Upgrades to Sector Perform from Sector Underperform - PT $30 • $BVN: Scotiabank Upgrades to Sector Perform from Sector Underperform - PT $15 • $DTM: Citi Upgrades to Buy from Neutral - PT $115 (from $90) • $EVTC: Morgan Stanley Upgrades to Equalweight from Underweight - PT $35 (from $33) • $PEB: Chardan Capital Markets Upgrades to Buy from Neutral - PT $17 • $PLL: Macquarie Upgrades to Neutral from Underperform - PT $13.50 (from $7.80) • $SAGE: RBC Capital Upgrades to Sector Perform from Underperform - PT $4 • $SFL: Fearnley Upgrades to Buy from Hold - PT $13

MORNING RECAP • $LOW Q3: EPS $2.89 (beat consensus $2.81), sales $20.2B (beat consensus $19.92B); Q3 comp sales -1.1% due to weak DIY demand, offset by storm sales and growth in Pro and online. Revised full-year outlook: sales $83B-$83.5B, EPS $11.80-$11.90. • $ADM: Q3 profit fell due to weak North American crush margins; Nutrition segment expects better Q4 but not as high as Q3 2024. • $CTRN: Appointed Ken Seipel as CEO; Q3 sales $179.1M, comp sales up 5.7%. • $WEN: Ken Cook appointed as CFO, effective December 2, 2024. • $XPEV: Q3 revenue $1.39B, above estimates; EPS loss of $1.90, worse than expected $1.71 loss. Q4 revenue forecast at $2.09B-$2.21B; launched P7+ sedan. • $ACM increases buyback to $1B; Q4 EPS $1.27, revenue $4.11B, slightly below consensus. FY25 EPS forecast $5.00-$5.20. • $AMCR to acquire $BERY in $8.4B stock deal at a 10% premium. • $AVAV acquiring BlueHalo in $4.1B stock deal. Oil prices dip as Johan Sverdrup field restarts post-outage. • $ERII launches $50M stock repurchase. • $NPSCY engages with $X stakeholders to push for $15B acquisition. • $SYAXF to merge with $PLL in an all-stock deal, valuing the new entity at $623M. • $SYM Q4 operating income exceeds expectations; sets Q1 revenue guidance at $495-515M. U.S. defense stocks rise following Russia's updated nuclear policy and threats. • $DOC ups 2024 FFO guidance to $1.80-$1.82, citing strong portfolio performance. • $INCY stock drops after pausing a phase 2 study due to preclinical findings. • $MDT Q2 revenue up 5.2% to $8.4B, raises FY25 EPS outlook slightly. • $OMCL issues $150M in convertible senior notes. • $SYRE plans to offer $200M in common stock and warrants. • $AMD: Darla Smith resigns as Chief Accounting Officer on November 15. • $GOOGL stock declines as DOJ plans to demand the sale of Chrome browser. • $INTC: Efforts to distribute manufacturing grants under the Chips Act are stalled, with most of the $39B yet to be disbursed. • $MSTR aims to raise $1.75B through convertible senior notes. • $MCHP: Ganesh Moorthy retires; Steve Sanghi appointed as interim CEO. • $SMCI stock rises after appointing BDO USA as auditor and seeking Nasdaq compliance extension