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uy) • Jefferies initiates BAC/JPM (buy) & C (hold), MLV initiates ORMP (buy) EFTA00376743 • MS cuts NBIX/ZTS & upgrades VRX & initiates MNK (ow), Piper initiates MNK (ow) & cuts SHOO RBC downgrades RIG/BH/CAMI & upgrades NBFt/NOV/Oll/PTEN, Roth resumes GLUU (buy), • Wells upgrades PDCE/MCD/PNRA, UB
e of 51 contracts per day. Secondaries/Blocks (announced/priced): RBCN, CDR, RSE, KGX GY IPO's: City Office REIT (OFFC) files for $115M IPO through Janney and Wunderlich US Key Research: Bofa upgrades IART & cuts TCS, Barcap cuts HUMIMGLN, Berenberg cuts VECO • BMO downgrades LLY, BTIG initiates BSX/
tes RGRISWHC (buy) ••• CS initiates CAKE/CMG/EAT/SBUX (op) & BKW/MCDNUM (neut) & DRI (up) & cuts USB ••• GS reinstates PCL (neut) & downgrades CPA, Janney initiates FLS (buy) • Jefferies initiates BAC/JPM (buy) & C (hold), MLV initiates ORMP (buy) EFTA00376743 • MS cuts NBIX/ZTS & upgrades VRX & ini
esearch: Janney downgrades NWY, CLSA initiates ARW/AVT/TECD (op) & IM (uw) Key Research: UBS initiates PANW (neut) & upgrades MCRO LN and ELN (buy), Piper initiates KYAK (neut) Key Research: DB downgrades SGMS & initiates KYAK (buy), Bofa downgrades VALE, GS cuts DOM LN Key Research: Nomura upgrades
& resumes TIBX (neut) & initiates PANW (buy) Key Research: Citi initiates CYOU/GA/PWRD (buy's) & GAME/NTES (neut's) & downgrades GRPN Key Research: Janney downgrades NWY, CLSA initiates ARW/AVT/TECD (op) & IM (uw) Key Research: UBS initiates PANW (neut) & upgrades MCRO LN and ELN (buy), Piper initiates
upgrades BIG & initiates AL/VNET (ew's), DB upgrades FOE (buy) Key Research: Atlantic upgrades MOS, JPM downgrades SMG, Janney upgrades CRAI (buy), Piper upgrades RDN Key Research: JPM upgrades NVTL, Jefferies upgrades FST (buy), Bofa reinstates ADI (buy), Auriga assumes NVDA (buy) Key Research: Bofa
ird upgrades AMAG, Barclays upgrades BIG & initiates AL/VNET (ew's), DB upgrades FOE (buy) Key Research: Atlantic upgrades MOS, JPM downgrades SMG, Janney upgrades CRAI (buy), Piper upgrades RDN Key Research: JPM upgrades NVTL, Jefferies upgrades FST (buy), Bofa reinstates ADI (buy), Auriga assumes N
WAB ••• Janney initiates SEAS (neut), Opco initiates PSTG (pert), Stifel upgrades ARCB (buy) & cuts SNCR • Longbow downgrades BWLD & upgrades KMT, Piper downgrades PACB Europe Key Research: ••• Liberum upgrades SDF GY & ICL IT, Jefferies initiates SRG IM (buy), Citi downgrades G IM (sell), Barcap do
CS initiates PETX/IDXX/NVET/PAHCNVOOF/ZTS (op) & ABAX/PETS (up) • DA Davidson initiates T (buy) & VZ (neut), GS upgrades WHRNV & downgrades WAB ••• Janney initiates SEAS (neut), Opco initiates PSTG (pert), Stifel upgrades ARCB (buy) & cuts SNCR • Longbow downgrades BWLD & upgrades KMT, Piper downgrades
na (buy), MS cuts RSH & upgrades NOV, Wells downgrades EW Key Research: JPM initiates FDO (ow) & DG (neut) & downgrades CVC & upgrades CP/AAP/MDC, Piper downgrades RSTI & upgrades WBC Key Research: CS initiates CHK (neut) & NBL (op) & cuts ATK, Bofa upgrades DNDN, Roth downgrades FCAL, Janney upgrad
P/MDC, Piper downgrades RSTI & upgrades WBC Key Research: CS initiates CHK (neut) & NBL (op) & cuts ATK, Bofa upgrades DNDN, Roth downgrades FCAL, Janney upgrades URBN (buy) Key Research: Citi upgrades CNP (buy) & downgrades SUG/EP/OKE, GS downgrades ARG EFTA00420353 Reporting Pre-Open: AON, BEAM,
es target VRUS Key Research: ISI Group initiates BMY (hold), Wedbush initiates CERS (op), Wells downgrades FRO Key Research: Barcap upgrades ARUN, Piper upgrades ZQK, Janney upgrades NWY, CS downgrades FDO Key Research: Jeff initiates FINL/SGNT/NKE (buy) & CSCO/VFC (hold), Merriman initiates IRDM (
Research: ISI Group initiates BMY (hold), Wedbush initiates CERS (op), Wells downgrades FRO Key Research: Barcap upgrades ARUN, Piper upgrades ZQK, Janney upgrades NWY, CS downgrades FDO Key Research: Jeff initiates FINL/SGNT/NKE (buy) & CSCO/VFC (hold), Merriman initiates IRDM (buy), JPM upgrades FR
cap reinstates NDAQ (ow), Citi downgrades MOSNHS, DB initiates ADS (buy) ••• Jefferies upgrades ADBE (buy), JPM upgrades BSAC & downgrades RBCN ••• Piper upgrades ARMH, Roth adds DGIT to focus list, Stifel upgrades MLNX (buy) ••• SunTrust initiates APD/PX (buys) & upgrades ADS (buy) & cuts AXLL, GS cu
st initiates APD/PX (buys) & upgrades ADS (buy) & cuts AXLL, GS cuts NTGR (sell) ••• Wells cuts HPQ/LUFK & upgrades RAX/GLP, Key upgrades FIX (buy), Janney initiates GOOG (buy) ••• CS upgrades HNT, BMO upgrades KEY, Nomura upgrades MGM, UBS cuts VHS, Opco assumes CPHD (op) Europe Key Research: ••• Cit
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Lesley Groff
PERSONIke Groff
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Bloomberg L.P.
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Barack Obama
PERSONBaird
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Samantha Power
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Michigan
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