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AA (buy), Think initiates PETM (buy) Key Research: GS upgrades AKS and VMW (conviction buy) & downgrades HAS and X/AONE/WHR (sell) Key Research: Jefferies downgrades WAG, Opco upgrades APC, JPM downgrades CHK/MBT/MOLX Key Research: RBC initiates RA (sp) & GWR/KSU (op), Macquarie initiates ANF/COH/LULU/
search: Atlantic upgrades WYNN, Piper upgrades CAKE & downgrades PFCB/SQNM/CTRP Key Research: Ticonderoga initiates CE (buy), Janney downgrades BMI, SunTrust downgrades CAD Key Research: William Blair initiates DLLR/FNGN/GDOT/MGI/WXS (op's) & ADS/DFS (mp's) & assumes AXP/CATM/MA/V/WU/COF Reporting Pre-O
arcap upgrades LNC & downgrades RGA, GS upgrades GPC and SFUN (buy) • Imperial upgrades ZBRA/GDP and initiates SBGL (op), RBC initiates ATEN (op) • Jefferies upgrades UNFI (buy) and initiates HLT (hold), Nomura upgrades GHL & cuts MSI EFTA00370916 • Raja initiates NMBL (op), Baird initiates LPI (op), UB
ATEN, MS downgrades SPN, UBS initiates CNC (neut) • Raja upgrades FSGI andCTRL (strong buy) & cuts GSJK, CS initiates INGR (op) • BMO upgrades PDM, SunTrust upgrades SNV (buy), Wells Fargo upgrades TWC • Citi downgrades UNH & upgrades YELP (buy), Evercore upgrades XOOM • JPM upgrades WHF/SC/AINV, B. Ril
iced at $22 (above range), Mix Telematics (MIXT) 6.3M ADS priced at $16/sh (high-end) US Key Research: ••• GS downgrades FL, Compass Point cuts DV, Jefferies initiates XXIA (buy), CS downgrades SPH • DB upgrades IHS (buy), Wells upgrades STJ, JPM upgrades CSCO, Raja downgrades LEAP RBC initiates VNTV (op
SPH • DB upgrades IHS (buy), Wells upgrades STJ, JPM upgrades CSCO, Raja downgrades LEAP RBC initiates VNTV (op) & downgrades MPW & upgrades RGLD, SunTrust initiates THO (buy) Europe Key Research: ••• UBS upgrades HGG LN & SDA1V FH, GS downgrades SPT LN & CORA NA, UBS downgrades LRE LN • Commerzbank u
IPO's (lock-up expires): Tumi Holdings (TUMI) US Key Research: ••• Barcap 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) ••• SunT
ries 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 cuts NTGR (sell) ••• Wells cuts HPQ/LUFK & upgrades RAX/GLP, Key upgrades FIX (buy), Ja
s below — SIMG topped Secondaries (announced/priced): NLCH, TRS, STNG, BCRX, CUZ, FER SM IPO's: N/A US Key Research: ••• Atlantic downgrades XYL, Jefferies downgrades OPTR, Wells cuts NVDA/ROK & upgrades TVL ••• BMO cuts DCI, RBC upgrades GGP, SunTrust initiates GDP (buy), Evercore upgrades WU • JPM up
/A US Key Research: ••• Atlantic downgrades XYL, Jefferies downgrades OPTR, Wells cuts NVDA/ROK & upgrades TVL ••• BMO cuts DCI, RBC upgrades GGP, SunTrust initiates GDP (buy), Evercore upgrades WU • JPM upgrades BYD, CS upgrades CBST, Raja downgrades SAVE/ADC, Key upgrades PPS ••• Needham upgrades ISI
Entities connected to both Jefferies and SunTrust

Donald Trump
PERSONMartin Weinberg
PERSONLeon Black
PERSON
Jeffrey Epstein
PERSON
Marc Rich
PERSON
Tony Blair
PERSON
William Barr
PERSON
Bloomberg L.P.
ORGANIZATION
Lesley Groff
PERSONIke Groff
PERSON
Vladimir Putin
PERSON
San Diego
LOCATION
Barron
PERSON
Barack Obama
PERSON
Eric Trump
PERSON
Macau
LOCATIONBaird
PERSONNomura
ORGANIZATIONBarcap
ORGANIZATIONStifel
ORGANIZATION