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uts MDRX Key Research: Baird upgrades FAST, Mizuho initiates FRX (buy), JPM upgrades MRO & downgrades CSCO Key Research: Wells initiates PVTB (mp), BB&T initiates WWW (hold), Steme Agree upgrades OZRK (buy) Key Research: Key upgrades RYL (buy), Citi initiates TUMI/ZLC (buy), Bofa initiates PANW (buy)
ary 15 calls for $0.20 and $0.25. Secondaries (announced/priced): ARRY, PSLV, PVR, LMI LN (rights), PRGX, LGCY, TUMI, PAA IPO's: N/A Key Research: Janney downgrades DIS, Barcap upgrades HFC & downgrades CTXS, Jeff upgrades MNT/MOH Key Research: Nomura upgrades MMM, Raja initiates ABMD (mp) & upgrades
rial initiates URS (op) & downgrades NCMI, Atlantic downgrades EP Key Research: JPM intiates ALNY (ow), Janney initiates APH (buy) and MOLX (newt), BB&T downgrades RAH Key Research: Mizuho downgrades MAKO, Baird upgrades CTSH & downgrades TNB & initiates RXN (op) Key Research: Raja initiates UIS (
N Key Research: DB upgrades LPX (buy), Imperial initiates URS (op) & downgrades NCMI, Atlantic downgrades EP Key Research: JPM intiates ALNY (ow), Janney initiates APH (buy) and MOLX (newt), BB&T downgrades RAH Key Research: Mizuho downgrades MAKO, Baird upgrades CTSH & downgrades TNB & initiates RXN
nitiates FINL (neut) • Nomura initiates CMAIFITB/HBAN/KEY (neuts) & WFC/USB/PNC/RF (buys), Janney initiates INTU (buy) ••• Evercore downgrades GGP, BB&T downgrades KNL, BMO initiates THO (op) Europe Key Research: ••• BofAML +ve INGA NA, downgrade KPN NA, remove UCG IM remove focus list, upgrade GIVN
ngrades DELL & upgrades CHD, Raja downgrades CCOI, Baird initiates FINL (neut) • Nomura initiates CMAIFITB/HBAN/KEY (neuts) & WFC/USB/PNC/RF (buys), Janney initiates INTU (buy) ••• Evercore downgrades GGP, BB&T downgrades KNL, BMO initiates THO (op) Europe Key Research: ••• BofAML +ve INGA NA, downgra
ocGen upgrades BA, Wedbush initiates ININ (neut) & JCOM/NUAN (op) ••• Johnson Rice downgrades MDR, JMP downgrades MU, Canaccord downgrades RCII ••• BB&T upgrades SRI (buy), JPM downgrades GEVA, Nat Bank cuts GSS EFTA00390548 Europe Key Research: • JPM upgrade GARAN TI and downgrade SHI LN & YKBNK
ates WDAY (op) ••• Baird downgrades LOPE, BMO initiates TEVA/ACT/AGN (op) & AGN/MYUFRX (up) ir Wells initiates ENSG (mp) & ESC (op) & upgrades BSX, Janney initiates DDD (buy) ••• UBS cuts AES, SocGen upgrades BA, Wedbush initiates ININ (neut) & JCOM/NUAN (op) ••• Johnson Rice downgrades MDR, JMP downg
Entities connected to both BB&T and Janney

Lesley Groff
PERSONIke Groff
PERSON
Bloomberg L.P.
ORGANIZATIONBaird
PERSON
Barron
PERSON
Barack Obama
PERSON
Ghislaine Maxwell
PERSONBarcap
ORGANIZATION
Jeffrey Epstein
PERSONLeon Black
PERSON
Prince Andrew
PERSON
Michael Jackson
PERSON
Donald Trump
PERSON
Ralph Lauren
PERSON
George W. Bush
PERSON
Stanford University
LOCATION
Samantha Power
PERSONStifel
ORGANIZATION
Piper
PERSON
Philadelphia
LOCATION