Epstein Secrets

des UNA NA Key Research: Barcap downgrades RDSA LN & upgrades BBT, Think initiates IART/TH0R/REGN (buys) & HTWR (sell), MKM cuts MRK Key Research: Cantor initiates CUBE (buy) & SSS (hold) & EXR/PSA (sells), UBS downgrades ALV (sell), RBC cuts KMX/IP Key Research: DB downgrades RBS LN/KFRC & reinstate

KD IPO's: N/A Key Research: GS downgrades US Managed Care and AGP/VRTX & adds ALXN to Conviction Buy list, SocGen downgrades UNA NA Key Research: Barcap downgrades RDSA LN & upgrades BBT, Think initiates IART/TH0R/REGN (buys) & HTWR (sell), MKM cuts MRK Key Research: Cantor initiates CUBE (buy) & SS

AFFX (convert) IPO's: N/A Key Research: William Blair initiates TIF (mp), Think initiates CTXS (hold), Sterne Agee downgrades ATHN Key Research: Cantor initiates WFM/UNH/HUM (buy's) & AET/HNT/WLP (hold's), Raja downgrades EAT Key Research: GS downgrades COP/COL (sell) & upgrades TSO, Barcap upgrade

search: Cantor initiates WFM/UNH/HUM (buy's) & AET/HNT/WLP (hold's), Raja downgrades EAT Key Research: GS downgrades COP/COL (sell) & upgrades TSO, Barcap upgrades AMAT, Multiple brokers initiates EVAC Key Research: Jeff downgrades APKT, Bernstein upgrades DTEGY, JMP downgrades ADBE, Bofa cuts SO & u

dings (FRSH) launches IPO (anticipated pricing May 1) US Key Research: • Barcap downgrades QEP, Brean initiates FSLR/SPWR (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)

ce Holdings (1598665) files for $100M IPO through Citi, Papa Murphy's Holdings (FRSH) launches IPO (anticipated pricing May 1) US Key Research: • Barcap downgrades QEP, Brean initiates FSLR/SPWR (buy) & SUNE (hold) ••• Cantor upgrades NFLX (buy), Citi upgrades SRPT, CS upgrades FB ••• GS initiates H

GR/SHP LN/GSK LN/PGHN SW, Barcap downgrades ALV GRIHNR1 GR/MUV2 GR/PHNX LN & upgrades UNI IM • Berenberg initiates REE SM (buy) and ENG SM (hold), Cantor initiates ADN LN/ASHM LN/SDR LN/ARP LN (buy) and HGG LN (hold) ▪ Commerzbank upgrades HENS GR/OR FP (buy), CS downgrades MPI LN/EXPN LN/MPI FP & up

) and JNPR (neut), Lonbow downgrades LPX & upgrades LECO (buy) Europe Key Research: EFTA00357140 • Bofa downgrades BAYN GR/SHP LN/GSK LN/PGHN SW, Barcap downgrades ALV GRIHNR1 GR/MUV2 GR/PHNX LN & upgrades UNI IM • Berenberg initiates REE SM (buy) and ENG SM (hold), Cantor initiates ADN LN/ASHM LN/S

erian Utilities: (reinitiate o/p EDP PL & GAS SM , neutral EDPR PL, u/p ANA SM, EGPW IM, ELE SM, IBE SM) • Exane upgrade MPI LN, GS upgrade SGSN VX, Cantor initiates IHG LN &AC FP (buys) • JPM downgrades (BDEV LN, BWY LN, BVS LN, RDW LN, TW/ LN), SocGen downgrades (ADN LN, HGG LN, CABK SM, SK FP) • Be

IVR, KBH, PKO PW, ATD/B CN, BYG LN IPO's (lock-up expires): E2open (EOPN), Hyperion Therapeutics (HPYX), Millennial Media (MM) US Key Research: • Barcap upgrades UNM & initiates ALLT (ow), DB downgrades F, Imperial initiates EAGL (op) • Jeff initiates HRG (buy) & reiterates buy for GOOG, Macquarie up