Epstein Secrets

Key Research: UBS initiates AAPL (buy $740pt) and EMC (buy) & downgrades SYT/DUK, BMO downgrades SUI Key Research: Jefferies downgrades HMSY/AGP, Stifel downgrades HGG, Wells initiates VPHM (mp) and REXX (op) Key Research: Susquehanna initiates NXPI (neut), JMP initiates JNPR (mp), Baird downgrades

ch: Longbow cuts USG, Citi downgrades PNW & upgrades WCH GY, Redburn upgrades ITX SM Key Research: UBS upgrades LXS GY, Liberum downgrades LLOY LN, Canaccord downgrades SAB LN Key Research: Berenberg upgrades MTX GY, DB upgrades TFI FP, UBS downgrades LIN GY Reporting Pre-Open: MASC Reporting Post-Close

d): OFC, IMGN, TGI, MOS, YOKU IPO's (filed/priced): New Mountain Finance 7.273M shares priced at $13.75 Key Research: Macquarie initiates MMI (op), Stifel initiates JPM (hold) & downgrades ARO, Wells downgrades KNX Key Research: Citadel upgrades UTHR & downgrades SVNT, Piper assumes AHII (ow) & TOMO

initiates APO/PCBK (op's) Key Research: GS upgrades WBMD (buy) & downgrades AIV/LRY, RBC initiates BP.LN (op) & RDSA.LN (top pick) Key Research: Canaccord downgrades INTO & upgrades YELL.LN, Bernstein upgrades GILD Reporting Pre-Open: ANN, CIS, DANG, DCI, HIBB, KIRK, YGE Reporting Post-Close: BH Econ

is may be a case of buying protection after a 5% run up over the last 2 weeks. Secondaries (announced/priced): MDW, ROSG IPO's: N/A Key Research: Stifel assumes RTN (buy) & GD/LMT/NOC/LLL (holds), Cantor initiates ZMH/SYK (holds) Key Research: Piper downgrades VCLK & initiates TITN (ow), Canaccord i

rch: Stifel assumes RTN (buy) & GD/LMT/NOC/LLL (holds), Cantor initiates ZMH/SYK (holds) Key Research: Piper downgrades VCLK & initiates TITN (ow), Canaccord initiates MM (buy), Jefferies downgrades PEG Key Research: DB upgrades AZO (buy), JPM downgrades DOW, UBS downgrades EW, GS upgrades JPM & cuts MS

+1.17% Lagging European Sectors: Utilities -0.37%, Telco -0.35%, Media -0.27% HTZ conversion right triggered - TSTC guides lower - RF ends talks w/ Stifel Notable Options Activity Friday: LEAP ($9.29 +9.4%) & PCS ($8.68 +5.3%)—Both names saw a significant amount of call buying. While each averages ab

ades GPI/PMCS/SNDK & MCHP/ISIL (sells) & upgrades ALTR/ATML/SMTC (buy), Janney downgrades AKAM Key Research: MS upgrades ENR/HOLX & downgrades BDX, Canaccord downgrades PETD, DB initiates AAP/DLPH/CMG (buys) Key Research: Jeff upgrades AEO/ANN (buys) & downgrades ONXX/GR, Bofa downgrades HLS/KND, Multip

l initiates CRM (hold), JMP initiates ITCI (mp), Topeka initiates CCC (buy), Webush assumes PTCT (op) ••• Baird downgrades ACHN, Piper upgrades CRY, Stifel upgrades DEI, JMP initiates ITCI (op) ,Drexel Hamilton initiates CRM (hold) Europe Key Research: • Banca Akros upgrades CVAL IM, Barcap initiates

0% of outstanding), TCP International (TCPI) 20.6M shares (71.5% of outstanding) IPO's (filed/priced): Infraredx (REDX) files $55M IPO through RBC, Canaccord, and BMO US Key Research: • Ascendiant initiates JCI (buy), Barcap initiates AXTA (ew) & reinstates FLT (ow), CS initiates FUN (op), Wells initiate

d): Exmar Energy Partners (XMLP) files $125M IPO through IN Morgan, BofA, and Citi US Key Research: • BMO initiates BGCP (mp), Key downgrades CHMT, Stifel assumes CELP (buy), Capital One upgrades BXP • Piper initiates ASGN/TW/MAN (ow) and KFY/RHI (neut), RBC downgrades KBH Europe Key Research: ••• RB

••• Liberum upgrades LMI LNM, Raja upgrades WOS LN, BofA downgrades ULE LN, KBC downgrades TNET BB ••• Bernstein initiates STJ LN (mp) & HU LN (up), Canaccord upgrades FLG LN and initiates DJI LN (h) ••• Carnegie downgrades STL NO & TGS NO, Handelsbanken upgrades NOBI SS, KBC upgrades COLR BB ••• Macquari

rgins strengthened but forecast bit light (trading +1%) • Carter's initiates 16c/share quarterly dividend and approved $300M share buyback plan • Stifel profit down in Q1 due to costs related to acquisitions but global wealth posted records • ABB CEO Joe Hogan leaving for personal reasons, date to b

DDD (buy) ••• UBS cuts AES, SocGen 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