PerpEquities

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Patrick Cunningham (Citi): analyst track record on stock perps

Patrick Cunningham of Citi on companies with stock perpetual futures: star rating, success rate, price-target accuracy, current calls and the measured perp reaction after each rating.

Stars3★
Success52%
Excess return+1.9%
rank#5,043
Ratings227
ratings on stock perps133

Track record

TipRanks data via FMP
12 months3 years
Ratings219490
Stock3737
Buy / hold / sell128 / 91 / 0279 / 208 / 3
Upgrades / downgrades / initiations5 / 7 / 113 / 15 / 6
Price targets hit / missed28 / 188 (13%)88 / 390 (18%)
Avg. return after a rating (TipRanks)-16.9%-17.7%
Best / worst call+196.5% / -85.9%+234.5% / -91.6%

After buy calls: median 21-day move +0.4% · vs S&P 500 -1.4% (n = 76) · targets hit within a year 50% (n = 48)

Current calls on stock perps

StockCallTargetvs last closeDate
$ALB Albemarle CorporationBuy · Maintained$125+33.4%Oct 22, 2026
$ECL EcolabBuy · Maintained$330+14.4%Oct 16, 2026
$APD Air Products and Chemicals, Inc.Hold · Maintained$312+1.6%Oct 8, 2026
$LIN Linde plcBuy · Maintained$560+10.1%Oct 8, 2026
$SHW Sherwin-WilliamsBuy · Maintained$415+23.1%Jul 29, 2026

Recent ratings

  • Oct 22, 2026 $ALB: Maintained · Buy · $125 · article
  • Oct 16, 2026 $ECL: Maintained · Buy · $330 · article
  • Oct 16, 2026 $ECL: Maintained · Buy · $330
  • Oct 8, 2026 $LIN: Maintained · Buy · $560 · article
  • Oct 7, 2026 $LIN: Maintained · Buy · $560 · article
  • Oct 7, 2026 $LIN: Maintained · Buy · $560 · article
  • Oct 8, 2026 $APD: Maintained · Hold · $312 · article
  • Oct 7, 2026 $APD: Maintained · Hold · $312 · article
  • Sep 16, 2026 $APD: Maintained · Hold · $330 · article
  • Aug 7, 2026 $ALB: Maintained · Buy · $175 · article
  • Aug 3, 2026 $LIN: Maintained · Buy · $580 · article
  • Jul 31, 2026 $APD: Maintained · Hold · $330 · article
  • Jul 29, 2026 $SHW: Maintained · Buy · $415 · article
  • Jun 24, 2026 $APD: Reiterated · Hold · $315 · article
  • Jun 24, 2026 $LIN: Maintained · Buy · $600 · article
  • Jun 24, 2026 $SHW: Maintained · Buy · $380 · article
  • Jun 25, 2026 $ECL: Reiterated · Buy · $330 · article
  • Jun 18, 2026 $ALB: Upgraded · Buy · $225 · article
  • May 8, 2026 $ALB: Maintained · Hold · $225 · article
  • May 4, 2026 $LIN: Reiterated · Buy · $585 · article

Patrick Cunningham3★ · 52% success · +1.9% excess return · TipRanks data via FMP · Source headlines via TheFly/StreetInsider (FMP). Reaction = venue-median perp move after our detection — an observation, not investment advice.