#Downgrades - Dec 06, 2024 • $ACDC: JPMorgan Downgrades to Underweight from Neutral - PT $7 • $DE: Jefferies Downgrades to Hold from Buy • $FTRE: Baird Downgrades to Neutral from Outperform - PT $25 (from $28) • $FYBR: Benchmark Downgrades to Hold from Buy • $KMT: Jefferies Downgrades to Hold from Buy • $NAPA: Jefferies Downgrades to Hold from Buy - PT $11 • $OGS: Ladenburg Thalmann Downgrades to Neutral from Buy - PT $75.50 • $PCAR: Jefferies Downgrades to Hold from Buy • $PLD: BMO Capital Downgrades to Underperform from Market Perform - PT $104 (from $120) • $TD: Scotiabank Downgrades to Sector Perform from Sector Outperform

$VZ $FYBR - VERIZON’S TAKEOVER OF FRONTIER SET TO CLEAR SHAREHOLDER VOTE- WSJ

#Downgrades - Oct 08, 2024 $ALB: CFRA Downgrades to Hold from Buy - PT $99 $AXP: HSBC Downgrades to Hold from Buy $AXP: BTIG Downgrades to Sell from Neutral - PT $230 $BUD: TD Cowen Downgrades to Hold from Buy - PT $68 $CME: Redburn-Atlantic Downgrades to Neutral from Buy - PT $244 $FYBR: TD Cowen Downgrades to Hold from Buy - PT $38.50 (from $39) $MSFT: Oppenheimer Downgrades to Perform from Outperform $OMF: Barclays Downgrades to Equalweight from Overweight - PT $46 (from $52) $OTIS: Wolfe Research Downgrades to Peerperform from Outperform $QCOM: KeyBanc Downgrades to Sector Weight from Overweight $STZ: TD Cowen Downgrades to Hold from Buy - PT $270 (from $300) $SYNA: KeyBanc Downgrades to Sector Weight from Overweight

#Downgrades - Sep 17, 2024 $AGRO: Morgan Stanley Downgrades to Equalweight from Overweight - PT $12.50 (from $14.50) $FYBR: JPMorgan Downgrades to Neutral from Overweight - PT $38.50 (from $35) $GOLF: Jefferies Downgrades to Hold from Buy - PT $75 (from $86) $OSBC: Raymond James Downgrades to Outperform from Strong Buy $OZK: Raymond James Downgrades to Market Perform from Outperform $PB: Raymond James Downgrades to Outperform from Strong Buy $SEDG: Jefferies Downgrades to Underperform from Hold - PT $17 (from $27) $VSAT: JPMorgan Downgrades to Neutral from Overweight - PT $15 (from $29)

#Downgrades - Sep 06, 2024 $BE: Jefferies Downgrades to Hold from Buy - PT $11 (from $15) $BBCP: UBS Downgrades to Neutral from Buy - PT $6.25 (from $10.50) $CIEN: BofA Securities Downgrades to Neutral from Buy - PT $59 $FTV: Wolfe Research Downgrades to Peerperform from Outperform $FYBR: Wells Fargo Downgrades to Equal Weight from Overweight - PT $38.50 (from $31) $KBR: TD Cowen Downgrades to Hold from Buy - PT $72 $OGN: JPMorgan Downgrades to Underweight from Neutral - PT $20 (from $18) $SMCI: JPMorgan Downgrades to Neutral from Overweight - PT $500 (from $950)

$FYBR VERIZON IN ADVANCED TALKS TO ACQUIRE FRONTIER COMMUNICATIONS, SOURCES SAY -- WSJ

STREET RECOMMENDATION - JULY 01, 2024 Upgrades $ADNT: BNP Paribas Upgrades to Neutral from Underperform - PT $26 $AGRO: JPMorgan Upgrades to Neutral from Underweight - PT $11.50 (from $10.50) $BIRK: UBS Upgrades to Buy from Neutral - PT $85 (from $52) $COLD: Wolfe Research Upgrades to Outperform from Peerperform - PT $31 $ICE: Goldman Sachs Upgrades to Buy from Neutral - PT $167 (from $143) $MGA: BNP Paribas Upgrades to Outperform from Neutral $TFX: Piper Sandler Upgrades to Overweight from Neutral - PT $245 (from $205) $TFX: Piper Sandler Upgrades to Overweight from Neutral - PT $245 (from $205) Downgrades $AMED: William Blair Downgrades to Market Perform from Outperform $ICFI: Truist Securities Downgrades to Hold from Buy - PT $155 (from $168) $NEP: RBC Capital Downgrades to Sector Perform from Outperform - PT $30 (from $38) $SAVA: H.C. Wainwright Downgrades to Neutral from Buy $ZBH: Piper Sandler Downgrades to Neutral from Overweight - PT $115 (from $140) Initiates $AMKR: JPMorgan Initiates at Overweight - PT $48 $AMT: Goldman Sachs Initiates at Buy - PT $230 $ATUS: Goldman Sachs Initiates at Sell - PT $2 $AXGN: Raymond James Initiates at Outperform - PT $13 $BIVI: ThinkEquity Initiates at Buy - PT $3 $CCOI: Goldman Sachs Initiates at Neutral - PT $56 $CHTR: Goldman Sachs Initiates at Sell - PT $250 $DLR: Goldman Sachs Initiates at Buy - PT $175 $EQIX: Goldman Sachs Initiates at Buy - PT $870 $FYBR: Goldman Sachs Initiates at Buy - PT $29 $GAUZ: Stifel Initiates at Buy - PT $18 $GAUZ: TD Cowen Initiates at Buy - PT $24 $IMMX: H.C. Wainwright Initiates at Buy - PT $7 $LUMN: Goldman Sachs Initiates at Sell - PT $1 $T: Goldman Sachs Initiates at Buy - PT $22 $TALK: Needham Initiates at Hold $TMUS: Goldman Sachs Initiates at Buy - PT $200 $VZ: Goldman Sachs Initiates at Neutral - PT $50 $WRB: TD Cowen Initiates at Buy - PT $103 : JMP Securities Initiates at Market Outperform - PT $6