DZ Bank Stock Recommendations and Price Targets

This is a list of recent ratings by DZ Bank.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
11/5/2024	CVX Chevron	Upgrade	$161.00	$170.00	Hold ➝ Buy	Low
10/31/2024	EA Electronic Arts	Upgrade	$167.00	$135.00 ➝ $177.00	Hold ➝ Buy	Medium
10/24/2024	LRLCY L'Oréal	Downgrade	$68.00		Buy ➝ Hold	Low
10/15/2024	BA Boeing	Downgrade	$146.00	$152.00	Buy ➝ Hold	Medium
10/11/2024	GM General Motors	Downgrade	$55.00	$49.00	Buy ➝ Hold	Low
10/2/2024	IBM International Business Machines	Downgrade	$215.00	$215.00	Buy ➝ Hold	Low
8/29/2024	PG Procter & Gamble	Upgrade	$171.00	$190.00	Hold ➝ Buy	Low
8/21/2024	SBUX Starbucks	Downgrade	$98.00	$85.00	Hold ➝ Sell	Low
8/9/2024	SHOP Shopify	Downgrade	$104.00		Hold ➝ Sell	Low
8/8/2024	FTNT Fortinet	Upgrade	$92.00	$65.00	Sell ➝ Hold	Low
8/2/2024	QCOM QUALCOMM	Upgrade	$154.00	$210.00	Hold ➝ Buy	Low
8/1/2024	FSLR First Solar	Upgrade	$185.00	$280.00	Hold ➝ Buy	Low
7/24/2024	SPOT Spotify Technology	Upgrade	$470.00	$375.00	Hold ➝ Buy	Low
7/19/2024	PEP PepsiCo	Downgrade	$159.00	$183.00	Buy ➝ Hold	Low
7/17/2024	SEDG SolarEdge Technologies	Downgrade	$11.00	$24.00	Hold ➝ Sell	Low
5/29/2024	FSLR First Solar	Downgrade	$185.00	$270.00	Buy ➝ Hold	Low
5/24/2024	NVDA NVIDIA	Downgrade	$146.00	$102.50	Buy ➝ Hold	Low
5/7/2024	NET Cloudflare	Upgrade	$96.00	$95.00	Hold ➝ Buy	Low
5/7/2024	AMD Advanced Micro Devices	Upgrade	$138.00	$190.00	Hold ➝ Buy	Low
5/3/2024	SBUX Starbucks	Downgrade	$98.00	$75.00	Buy ➝ Hold	Low
4/23/2024	MELI MercadoLibre	Upgrade	$1,931.00	$1,685.00	Hold ➝ Buy	Low
4/17/2024	SEDG SolarEdge Technologies	Initiated Coverage	$11.00	$62.00	Hold	Low
4/17/2024	ENPH Enphase Energy	Initiated Coverage	$63.00	$116.00	Hold	Low
4/17/2024	FSLR First Solar	Initiated Coverage	$185.00	$205.00	Buy	Low
3/28/2024	AAPL Apple	Reiterated Rating	$229.00	$180.00	Buy ➝ Hold	Low
3/7/2024	AMD Advanced Micro Devices	Reiterated Rating	$138.00	$200.00	Buy ➝ Hold	Low
2/21/2024	LLY Eli Lilly and Company	Downgrade	$753.00	$820.00	Buy ➝ Hold	Low
2/13/2024	NET Cloudflare	Downgrade	$96.00	$110.00	Buy ➝ Hold	Low
2/9/2024	PYPL PayPal	Downgrade	$85.00	$60.00	Buy ➝ Hold	Low
2/8/2024	EQNR Equinor ASA	Downgrade	$25.00		Buy ➝ Hold	Low
2/8/2024	FTNT Fortinet	Downgrade	$92.00	$60.00	Hold ➝ Sell	Low
2/7/2024	SPOT Spotify Technology	Upgrade	$470.00	$240.00	Sell ➝ Hold	Low
2/6/2024	CVX Chevron	Downgrade	$161.00	$160.00	Buy ➝ Hold	Low
1/25/2024	NFLX Netflix	Upgrade	$884.00	$600.00	Hold ➝ Buy	Low
1/4/2024	AXP American Express	Downgrade	$288.00		Hold ➝ Sell	Low
12/22/2023	NFLX Netflix	Downgrade	$884.00	$495.00	Buy ➝ Hold	Low
12/12/2023	SHOP Shopify	Reiterated Rating	$104.00	$65.00	Hold ➝ Sell	Low
12/12/2023	NKE NIKE	Upgrade	$73.00	$130.00	Hold ➝ Buy	Low
11/17/2023	CSCO Cisco Systems	Downgrade	$58.00	$50.00	Buy ➝ Hold	Low
11/3/2023	PYPL PayPal	Upgrade	$85.00	$65.00	Hold ➝ Buy	Low
11/3/2023	QCOM QUALCOMM	Upgrade	$154.00	$140.00	Hold ➝ Buy	Low
10/31/2023	MCD McDonald's	Upgrade	$291.00	$300.00	Hold ➝ Buy	Low
10/27/2023	RTX RTX	Downgrade	$119.00	$79.00 ➝ $68.00	Hold ➝ Sell	Low
10/20/2023	PG Procter & Gamble	Upgrade	$171.00	$155.00	Sell ➝ Hold	Low
10/20/2023	NFLX Netflix	Upgrade	$884.00	$465.00	Hold ➝ Buy	Low
10/19/2023	PEP PepsiCo	Upgrade	$159.00	$187.00	Hold ➝ Buy	Low
10/18/2023	FTNT Fortinet	Initiated Coverage	$92.00	$58.00	Hold	Low
10/18/2023	CRWD CrowdStrike	Initiated Coverage	$350.00	$215.00	Buy	Low
10/18/2023	PANW Palo Alto Networks	Initiated Coverage	$393.00	$310.00	Buy	Low
9/14/2023	RTX RTX	Downgrade	$119.00	$79.00	Buy ➝ Hold	Low
9/14/2023	ORCL Oracle	Upgrade	$191.00	$125.00	Hold ➝ Buy	Low
8/11/2023	BABA Alibaba Group	Upgrade	$87.00	$120.00	Hold ➝ Buy	Low
8/4/2023	SHOP Shopify	Upgrade	$104.00		Sell ➝ Hold	Low
6/23/2023	TSLA Tesla	Downgrade	$342.00	$210.00	Buy ➝ Sell	Low
5/12/2023	EA Electronic Arts	Upgrade	$167.00	$142.00	Hold ➝ Buy	Low
5/9/2023	SHOP Shopify	Downgrade	$104.00	$47.00 ➝ $55.00	Hold ➝ Sell	Low
5/3/2023	BP BP	Downgrade	$29.00		Buy ➝ Hold	Low
3/9/2023	HNR1 Hannover Rück	Set Price Target	€240.00	€209.00		N/A
3/7/2023	EVK Evonik Industries	Set Price Target	€17.00	€21.00		N/A
2/24/2023	SHOP Shopify	Upgrade	$104.00		Sell ➝ Hold	Low
2/20/2023	GBF Bilfinger	Set Price Target	€44.00	€45.00		N/A
2/17/2023	CSCO Cisco Systems	Upgrade	$58.00	$58.00	Hold ➝ Buy	Low
2/16/2023	NVDA NVIDIA	Downgrade	$146.00	$19.50	Buy ➝ Sell	Low
2/14/2023	TTWO Take-Two Interactive Software	Downgrade	$186.00	$105.00	Buy ➝ Hold	Low
2/6/2023	SHOP Shopify	Reiterated Rating	$104.00		Hold ➝ Sell	Low
2/3/2023	META Meta Platforms	Upgrade	$566.00	$180.00	Sell ➝ Hold	Low
1/30/2023	LMT Lockheed Martin	Upgrade	$535.00	$523.00	Hold ➝ Buy	Low
12/13/2022	ADYEY Adyen	Downgrade	€13.00	€1,500.00	Buy ➝ Hold	Low
12/9/2022	GILD Gilead Sciences	Downgrade	$89.00	$90.00	Buy ➝ Hold	Low
11/28/2022	CEVMF CTS Eventim AG & Co. KGaA	Upgrade	€94.00	€70.00	Hold ➝ Buy	N/A
11/10/2022	ADDYY adidas	Upgrade	€113.00	€145.00	Hold ➝ Buy	Low
11/10/2022	TTWO Take-Two Interactive Software	Upgrade	$186.00	$115.00	Hold ➝ Buy	Low
10/28/2022	NEM Nemetschek	Set Price Target	€100.00	€45.00		N/A
10/28/2022	LIN Linde	Set Price Target	€422.00	€363.00		N/A
10/19/2022	BYDDF BYD	Upgrade	$34.00		Sell ➝ Buy	Low
10/13/2022	KLKNF Klöckner & Co SE	Downgrade	€5.00	€5.60	Hold ➝ Sell	N/A
10/10/2022	DPW Ault Global	Set Price Target	€0.00	€51.00		N/A
8/12/2022	TKA thyssenkrupp	Set Price Target	€4.00	€5.80		N/A
8/10/2022	SHOP Shopify	Downgrade	$104.00		Buy ➝ Hold	Low
8/10/2022	TTWO Take-Two Interactive Software	Downgrade	$186.00	$135.00	Buy ➝ Hold	Low
8/9/2022	SHA Schaeffler	Set Price Target	€3.00	€6.50		N/A
8/4/2022	ENLAY Enel	Downgrade	€7.00	€5.30	Buy ➝ Hold	Low
8/4/2022	DANOY Danone	Upgrade	$14.00		Hold ➝ Buy	Low
8/4/2022	BOSSY Hugo Boss	Downgrade	$9.00		Buy ➝ Hold	Low
8/4/2022	COVTY Covestro	Downgrade	€30.00	€34.00	Buy ➝ Hold	Low
8/4/2022	SSREY Swiss Re	Upgrade	$36.00		Hold ➝ Buy	Low
8/2/2022	INTC Intel	Downgrade	$24.00	$30.00	Hold ➝ Sell	Low
8/2/2022	META Meta Platforms	Downgrade	$566.00	$140.00	Hold ➝ Sell	N/A
7/29/2022	FSNUY Fresenius SE & Co. KGaA	Downgrade	€9.00	€26.00	Buy ➝ Hold	Low
7/29/2022	FMS Fresenius Medical Care	Downgrade	$22.00		Buy ➝ Hold	Low
7/29/2022	QCOM QUALCOMM	Downgrade	$154.00	$150.00	Buy ➝ Hold	Low
7/29/2022	META Meta Platforms	Downgrade	$566.00	$140.00	Hold ➝ Sell	Low
7/27/2022	UL Unilever	Downgrade	$58.00		Buy ➝ Hold	Low
7/20/2022	ADDYY adidas	Downgrade	$113.00		Buy ➝ Hold	Low
7/6/2022	TKAMY thyssenkrupp	Downgrade	€4.00	€5.80	Buy ➝ Hold	N/A
7/5/2022	TXN Texas Instruments	Downgrade	$198.00	$150.00	Buy ➝ Hold	N/A
6/24/2022	SZGPY Salzgitter	Downgrade	$2.00		Buy ➝ Hold	Low
6/9/2022	DTRUY Daimler Truck	Downgrade	€19.00	€30.00	Buy ➝ Hold	High
5/20/2022	ARZGY Assicurazioni Generali	Downgrade	$14.00		Buy ➝ Hold	Low
5/20/2022	NDA Aurubis	Set Price Target	€80.00	€90.00		N/A