Piper Sandler Stock Recommendations and Price Targets

This is a list of recent ratings by Piper Sandler.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
3/25/2025	FRPT Freshpet	Lower Price Target	$86.00	$160.00 ➝ $145.00	Overweight ➝ Overweight	Low
3/24/2025	LOW Lowe's Companies	Lower Price Target	$233.00	$296.00 ➝ $269.00	Overweight ➝ Overweight	High
3/24/2025	HD Home Depot	Lower Price Target	$363.00	$435.00 ➝ $418.00	Overweight ➝ Overweight	High
3/24/2025	FND Floor & Decor	Lower Price Target	$84.00	$103.00 ➝ $90.00	Neutral ➝ Neutral	Low
3/24/2025	VLY Valley National Bancorp	Upgrade	$9.00	$11.00 ➝ $11.00	Neutral ➝ Overweight	Low
3/21/2025	ELEV Elevation Oncology	Downgrade	$0.00	$10.00 ➝ $0.70	Overweight ➝ Neutral	High
3/21/2025	AMPH Amphastar Pharmaceuticals	Lower Price Target	$28.00	$36.00 ➝ $32.00	Neutral ➝ Neutral	High
3/21/2025	OPTN OptiNose	Reiterated Rating	$9.00	$15.00 ➝ $9.00	Overweight ➝ Neutral	Low
3/21/2025	TELA TELA Bio	Downgrade	$1.00	$5.00 ➝ $2.00	Overweight ➝ Neutral	High
3/21/2025	CVS CVS Health	Boost Price Target	$67.00	$72.00 ➝ $74.00	Overweight ➝ Overweight	High
3/20/2025	ACN Accenture	Lower Price Target	$311.00	$396.00 ➝ $364.00	Overweight ➝ Overweight	High
3/20/2025	OPTN OptiNose	Downgrade	$9.00		Strong-Buy ➝ Hold	Low
3/20/2025	ACVA ACV Auctions	Upgrade	$16.00	$18.00 ➝ $20.00	Neutral ➝ Overweight	High
3/20/2025	CVNA Carvana	Upgrade	$222.00	$225.00 ➝ $225.00	Neutral ➝ Overweight	High
3/20/2025	RIVN Rivian Automotive	Downgrade	$12.00	$19.00 ➝ $13.00	Overweight ➝ Neutral	High
3/20/2025	STLA Stellantis	Downgrade	$12.00	$23.00 ➝ $13.00	Overweight ➝ Neutral	Low
3/20/2025	TSLA Tesla	Lower Price Target	$279.00	$500.00 ➝ $450.00	Overweight ➝ Overweight	Low
3/20/2025	GM General Motors	Boost Price Target	$52.00	$45.00 ➝ $48.00	Neutral ➝ Neutral	Low
3/20/2025	F Ford Motor	Lower Price Target	$10.00	$13.00 ➝ $9.00	Neutral ➝ Neutral	Low
3/20/2025	BWA BorgWarner	Lower Price Target	$29.00	$43.00 ➝ $36.00	Overweight ➝ Overweight	Low
3/20/2025	APTV Aptiv	Boost Price Target	$64.00	$65.00 ➝ $67.00	Neutral ➝ Neutral	Low
3/20/2025	MBLY Mobileye Global	Boost Price Target	$16.00	$16.00 ➝ $17.00	Neutral ➝ Neutral	High
3/20/2025	IPSC Century Therapeutics	Lower Price Target	$1.00	$4.00 ➝ $2.00	Overweight ➝ Overweight	High
3/20/2025	OLLI Ollie's Bargain Outlet	Lower Price Target	$107.00	$126.00 ➝ $124.00	Overweight ➝ Overweight	Medium
3/20/2025	CBNA Chain Bridge Bancorp	Lower Price Target	$23.00	$31.00 ➝ $29.00	Overweight ➝ Overweight	Low
3/19/2025	CRM Salesforce	Reiterated Rating	$290.00		Overweight ➝ Overweight	Low
3/19/2025	MNPR Monopar Therapeutics	Reiterated Rating	$36.00	$76.00	Overweight	High
3/18/2025	RBOT Vicarious Surgical	Lower Price Target	$8.00	$10.50 ➝ $8.50	Neutral ➝ Neutral	High
3/18/2025	ASIX AdvanSix	Lower Price Target	$23.00	$39.00 ➝ $35.00	Overweight ➝ Overweight	High
3/18/2025	ALGN Align Technology	Reiterated Rating	$172.00	$270.00 ➝ $235.00	Overweight ➝ Overweight	Low
3/17/2025	EVCM EverCommerce	Lower Price Target	$10.00	$11.00 ➝ $9.00	Neutral ➝ Neutral	High
3/17/2025	RSKD Riskified	Reiterated Rating	$5.00	$7.00 ➝ $7.00	Overweight ➝ Overweight	Medium
3/17/2025	RARE Ultragenyx Pharmaceutical	Lower Price Target	$39.00	$140.00 ➝ $115.00	Overweight ➝ Overweight	Medium
3/17/2025	IIPR Innovative Industrial Properties	Lower Price Target	$65.00	$70.00 ➝ $60.00	Underweight ➝ Underweight	Low
3/14/2025	STRO Sutro Biopharma	Set Price Target	$1.00	$2.00		Medium
3/14/2025	STRO Sutro Biopharma	Downgrade	$1.00		Strong-Buy ➝ Hold	Medium
3/14/2025	XPOF Xponential Fitness	Lower Price Target	$8.00	$16.00 ➝ $9.00	Neutral ➝ Neutral	High
3/14/2025	ULTA Ulta Beauty	Lower Price Target	$372.00	$425.00 ➝ $364.00	Neutral ➝ Neutral	High
3/14/2025	DG Dollar General	Boost Price Target	$83.00	$79.00 ➝ $81.00	Neutral ➝ Neutral	Medium
3/14/2025	MANH Manhattan Associates	Lower Price Target	$178.00	$268.00 ➝ $200.00	Overweight ➝ Overweight	High
3/14/2025	TTAN ServiceTitan	Reiterated Rating	$97.00	$125.00 ➝ $125.00	Overweight ➝ Overweight	High
3/14/2025	ACN Accenture	Lower Price Target	$311.00	$429.00 ➝ $396.00	Overweight ➝ Overweight	Low
3/14/2025	RBRK Rubrik	Boost Price Target	$76.00	$83.00 ➝ $87.00	Overweight ➝ Overweight	High
3/14/2025	AKBA Akebia Therapeutics	Boost Price Target	$2.00	$4.00 ➝ $6.00	Overweight ➝ Overweight	High
3/13/2025	NET Cloudflare	Lower Price Target	$129.00	$153.00 ➝ $131.00	Neutral ➝ Neutral	Medium
3/13/2025	S SentinelOne	Lower Price Target	$20.00	$32.00 ➝ $28.00	Overweight ➝ Overweight	High
3/12/2025	ARDX Ardelyx	Upgrade	$5.00		Hold	Low
3/12/2025	IOBT IO Biotech	Upgrade	$1.00		Strong-Buy	Medium
3/12/2025	MYGN Myriad Genetics	Upgrade	$10.00	$11.50 ➝ $12.50	Neutral ➝ Overweight	High
3/12/2025	AESI Atlas Energy Solutions	Initiated Coverage	$19.00	$22.00	Overweight	Medium
3/12/2025	UBSI United Bankshares	Reiterated Rating	$35.00	$38.50	Neutral	Low
3/11/2025	BKU BankUnited	Upgrade	$36.00	$41.00 ➝ $41.00	Neutral ➝ Overweight	Medium
3/11/2025	FBK FB Financial	Upgrade	$48.00	$58.00 ➝ $58.00	Neutral ➝ Overweight	Low
3/11/2025	FCNCA First Citizens BancShares	Upgrade	$1,909.00	$2,250.00 ➝ $2,250.00	Neutral ➝ Overweight	Medium
3/11/2025	NPB Northpointe Bancshares	Initiated Coverage	$15.00	$16.50	Overweight	Medium
3/11/2025	ORCL Oracle	Lower Price Target	$154.00	$210.00 ➝ $190.00	Overweight ➝ Overweight	High
3/11/2025	ASAN Asana	Lower Price Target	$15.00	$27.00 ➝ $18.00	Overweight ➝ Overweight	High
3/11/2025	INZY Inozyme Pharma	Lower Price Target	$1.00	$30.00 ➝ $23.00	Overweight ➝ Overweight	High
3/11/2025	RDFN Redfin	Upgrade	$11.00	$4.00 ➝ $12.50	Underweight ➝ Neutral	Low
3/10/2025	IOT Samsara	Upgrade	$43.00	$50.00 ➝ $50.00	Neutral ➝ Overweight	High
3/7/2025	DINO HF Sinclair	Set Price Target	$33.00	$46.00		N/A
3/7/2025	DK Delek US	Lower Price Target	$16.00	$18.00 ➝ $17.00	Neutral ➝ Neutral	High
3/7/2025	MPC Marathon Petroleum	Lower Price Target	$151.00	$160.00 ➝ $156.00	Neutral ➝ Neutral	Medium
3/7/2025	VLO Valero Energy	Lower Price Target	$133.00	$149.00 ➝ $144.00	Overweight ➝ Overweight	Medium
3/7/2025	XERS Xeris Biopharma	Reiterated Rating	$6.00	$3.00 ➝ $4.00	Neutral ➝ Neutral	High
3/7/2025	LXRX Lexicon Pharmaceuticals	Lower Price Target	$0.00	$10.00 ➝ $6.00	Overweight ➝ Overweight	Medium
3/7/2025	COO Cooper Companies	Reiterated Rating	$84.00	$120.00 ➝ $115.00	Overweight ➝ Overweight	High
3/7/2025	LB LandBridge	Lower Price Target	$80.00	$79.00 ➝ $70.00	Neutral ➝ Neutral	High
3/7/2025	COOK Traeger	Lower Price Target	$2.00	$3.75 ➝ $2.50	Neutral ➝ Neutral	High
3/7/2025	DINO HF Sinclair	Reiterated Rating	$33.00	$49.00	Overweight ➝ Overweight	Low
3/7/2025	PBF PBF Energy	Lower Price Target	$20.00	$24.00 ➝ $23.00	Underweight ➝ Underweight	Medium
3/7/2025	PARR Par Pacific	Lower Price Target	$14.00	$25.00 ➝ $21.00	Overweight ➝ Overweight	Low
3/7/2025	COGT Cogent Biosciences	Upgrade	$7.00		Strong-Buy	High
3/6/2025	CSCO Cisco Systems	Reiterated Rating	$61.00		Neutral ➝ Neutral	Low
3/6/2025	OXY Occidental Petroleum	Lower Price Target	$49.00	$51.00 ➝ $50.00	Neutral ➝ Neutral	Low
3/6/2025	MUR Murphy Oil	Lower Price Target	$28.00	$35.00 ➝ $34.00	Overweight ➝ Overweight	Low
3/6/2025	EXE Chesapeake Energy	Boost Price Target	$109.00	$96.00 ➝ $101.00	Neutral ➝ Neutral	High
3/6/2025	EQT EQT	Boost Price Target	$54.00	$35.00 ➝ $36.00	Neutral ➝ Neutral	High
3/6/2025	EOG EOG Resources	Lower Price Target	$128.00	$141.00 ➝ $135.00	Neutral ➝ Neutral	Low
3/6/2025	CTRA Coterra Energy	Boost Price Target	$29.00	$34.00 ➝ $37.00	Overweight ➝ Overweight	Medium
3/6/2025	CIVI Civitas Resources	Lower Price Target	$36.00	$71.00 ➝ $66.00	Overweight ➝ Overweight	N/A
3/6/2025	CHRD Chord Energy	Lower Price Target	$113.00	$193.00 ➝ $184.00	Overweight ➝ Overweight	Medium
3/6/2025	BSM Black Stone Minerals	Boost Price Target	$15.00	$14.00 ➝ $16.00	Neutral ➝ Neutral	Low
3/6/2025	INDV Indivior	Lower Price Target	$10.00	$16.00 ➝ $13.00	Overweight ➝ Overweight	Low
3/6/2025	TPVG TriplePoint Venture Growth BDC	Boost Price Target	$7.00	$7.50 ➝ $8.00	Neutral ➝ Neutral	High
3/6/2025	SNBR Sleep Number	Lower Price Target	$7.00	$12.00 ➝ $11.00	Neutral ➝ Neutral	High
3/6/2025	FL Foot Locker	Lower Price Target	$16.00	$23.00 ➝ $19.00	Neutral ➝ Neutral	Medium
3/6/2025	VTLE Vital Energy	Lower Price Target	$23.00	$32.00 ➝ $24.00	Neutral ➝ Neutral	Medium
3/6/2025	RRC Range Resources	Boost Price Target	$40.00	$32.00 ➝ $33.00	Neutral ➝ Neutral	High
3/6/2025	PR Permian Resources	Lower Price Target	$14.00	$21.00 ➝ $20.00	Overweight ➝ Overweight	Low
3/6/2025	SGHT Sight Sciences	Lower Price Target	$3.00	$5.50 ➝ $3.50	Neutral ➝ Neutral	High
3/6/2025	ELAN Elanco Animal Health	Lower Price Target	$11.00	$16.00 ➝ $12.00	Neutral ➝ Neutral	Low
3/6/2025	ALXO ALX Oncology	Boost Price Target	$1.00	$8.00 ➝ $9.00	Overweight ➝ Overweight	High
3/6/2025	MRVL Marvell Technology	Lower Price Target	$73.00	$120.00 ➝ $95.00	Overweight ➝ Overweight	High
3/6/2025	MDB MongoDB	Lower Price Target	$199.00	$425.00 ➝ $280.00	Overweight ➝ Overweight	High
3/6/2025	RSKD Riskified	Boost Price Target	$5.00	$6.00 ➝ $7.00	Overweight ➝ Overweight	High
3/6/2025	RDFN Redfin	Lower Price Target	$11.00	$7.00 ➝ $4.00	Underweight ➝ Underweight	High
3/5/2025	CRWD CrowdStrike	Set Price Target	$388.00	$347.00		Low
3/5/2025	AKYA Akoya Biosciences	Downgrade	$2.00	$2.40	Overweight ➝ Neutral	Low
3/5/2025	ACCD Accolade	Downgrade	$7.00		Strong-Buy ➝ Hold	Low