Epstein Secrets

s (announced/priced): CNDO, CNCO, HIS, AEC IPO's: N/A Key Research: Barcap downgrades CIM, Imperial initiates TPC (op), Nomura initiates FB (buy), Piper upgrades TFM Key Research: Canaccord initiates SWKS (buy) & TQNT/RFMD (holds), Telsey initiates ADS/DFS/COF/AXP/V/MA Key Research: GS adds VOW GR

AT increases facility - BMTI study meets goal Secondaries (announced/priced): CNDO, CNCO, HIS, AEC IPO's: N/A Key Research: Barcap downgrades CIM, Imperial initiates TPC (op), Nomura initiates FB (buy), Piper upgrades TFM Key Research: Canaccord initiates SWKS (buy) & TQNT/RFMD (holds), Telsey initiate

0 Key Research: Bofa downgrades VC, SunTrust downgrades GMCR, CLSA upgrades AB, Needham downgrades SMSC Key Research: Imperial initiates SPB (op), Piper downgrades GMCR, Baird downgrades DVA, CS upgrades CRM & cuts CACI Key Research: JPM upgrades TTMI (ow), KBW downgrades BBNK & upgrades CHCO, GS up

OYT) 18.5M units priced at $20 Key Research: Bofa downgrades VC, SunTrust downgrades GMCR, CLSA upgrades AB, Needham downgrades SMSC Key Research: Imperial initiates SPB (op), Piper downgrades GMCR, Baird downgrades DVA, CS upgrades CRM & cuts CACI Key Research: JPM upgrades TTMI (ow), KBW downgrades B

wngrades UBNT, Sterne Agee initiates ANF WWW Key Research: PSX (neut) Key Research: MAS, Canaccord cuts PLX valued) and (neut), Jeff upgrades Piper initiates VIPS (ow), Bofa downgrades COP/AIZ & upgrades TRI & initiates CS upgrades IHG LN (global hotel note), BMO downgrades KSU/PSB, Citi upgrade

e implies a 10% chance stock is below $4.50 in the nest 6 weeks. Secondaries (announced/priced): TRS, IGTE (holders), MX IPO's: N/A Key Research: Imperial initiates SAVE/NMM/ALGT (op's), RBC upgrades Key Research: CRT initiates HII (buy) and MRCY/LLL/RTN/AVAV (fairly GD/LMT/NOC/IRBT (sell's) Key Rese

NT/SUPN (hold) ••• KBW upgrades LION, Raja initiates ERIC (mp), Roth initiates GSVC (buy) ••• Stifel initiates EVDY (buy), Citi upgrades AZN (buy), Piper assumes RKUS (ow) EFTA00370850 • Stifel cuts CWH (sell), Raja upgrades MAIN/RUTH and GRGI (strong buy) and cuts DFRG • Roth initiates GSVC (buy),

buy) & SUNE (hold) ••• Cantor upgrades NFLX (buy), Citi upgrades SRPT, CS upgrades FB ••• GS initiates HIVEJTVVOU (buy) & upgrades SMLP/NCLH (buy), Imperial initiates VRNS (op) ••• Jefferies initiates AKRX/ANAC/PRGO/XNPT (buy), JMP initiates HIVE (mp) ••• Jefferies assumes NKTR/PCRX/SHPG/SLXP/TEVANRX (b