MAIN/RUTH and GRGI (strong buy) and cuts DFRG • Roth initiates GSVC (buy), BMO upgrades HD, B. Riley initiates IMMR (buy) • Evercore upgrades INTU, Steme initiates SYNA (buy), Baird initiates GLRI (op) Europe Key Research: • Bofa initiates PETS LN/SHF SJ (buy) & upgrades ETE GA and RMG LN (buy) • Ca

GS downgrades CRS and CHKR (sell), Jefferies initiates DKS (hold) • JPM downgrades EW, MS initiates FINUFL (ew) & assumes NKE (ow) and UA (ew) ••• Steme initiates RLGY (neut), Bofa downgrades UBS, SocGen upgrades BP ••• Raja cuts WU/AFUBWLD & upgrades MAS/ADC, FBR initiates BIIB/ENDP/FRXISPRT (mp) &

rd upgrades FAST, Mizuho initiates FRX (buy), JPM upgrades MRO & downgrades CSCO Key Research: Wells initiates PVTB (mp), BB&T initiates WWW (hold), Steme Agree upgrades OZRK (buy) Key Research: Key upgrades RYL (buy), Citi initiates TUMI/ZLC (buy), Bofa initiates PANW (buy), Investec downgrades SGE L

lationship Agreement a Arend Agreement and the General Terms and Conditions US Statement of Credit lattices available n Agreements andetiarlosups Steme/dyi ev.ruirerniussr,rhsw., SDNY_GM_00027936 EFTA_00138556 EFTA01279165 Important information about your statement (00nilled) Year refs Your st