Epstein Secrets

ge cap US oils. We view Hess as the most catalyst rich large cap US E&P for 2017 with a return to growth

onships* Count Percent Buy 58 46.03% Buy 45 17.59% Hold 34 26.98% Hold 29 85.29% Sell 34 26.98% Sell 20 58.82% Equity Investment Rating Distribution: Global Group (as of 30 Sep 2016) Coverage Universe Count Percent Inv. Banking Relationships* Count Percent Buy 1553 49.44% Buy 1130 12.16% Hold 730 23.24% Hold 5

rrill Lynch Hardline Retail team called “a little rich,” though it is difficult to tell if weak trends a

onships* Count Percent Buy 126 59.43% Buy 70 55.56% Hold 35 16.51% Hold 7 48.57% Sell 51 24.06% Sell 17 33.33% Equity Investment Rating Distribution: Global Group (as of 31 Mar 2017) Coverage Universe Count Percent Inv. Banking Relationships* Count Percent Buy 1578 51.33% Buy 979 62.04% Hold 690 22.45% Hold 43

ation trade. Cheapen Financials upside by selling rich Utilities and Staples vol & expensive correl. Hi

ionships* Count Percent Buy 60 48.39% Buy 39 65.00% Hold 35 28.23% Hold 26 14.29% Sell 29 23.39% Sell 7 58.62% Equity Investment Rating Distribution: Global Group (as of 31 Mar 2017) Coverage Universe Count Percent Inv. Banking Relationships* Count Percent Buy 1578 51.33% Buy 979 62.04% Hold 690 22.45% Hold 43