#Downgrades - Nov 11, 2024 • $AGL: JMP Securities Downgrades to Market Perform from Market Outperform • $ALTM: Scotiabank Downgrades to Sector Perform from Sector Outperform - PT $5.85 • $ARDX: H.C. Wainwright Downgrades to Neutral from Buy - PT $5.50 • $ATMU: Wells Fargo Downgrades to Equal Weight from Overweight - PT $45 (from $42) • $BLMN: Raymond James Downgrades to Market Perform from Outperform • $CBT: JPMorgan Downgrades to Underweight from Neutral - PT $105 • $CE: BMO Capital Downgrades to Underperform from Market Perform - PT $76 (from $138) • $CE: UBS Downgrades to Neutral from Buy - PT $97 (from $161) • $GCMG: TD Cowen Downgrades to Hold from Buy - PT $15.50 • $IMCR: Mizuho Downgrades to Neutral from Outperform - PT $38 (from $72) • $MRK: Daiwa Securities Downgrades to Neutral from Outperform • $NOV: Citi Downgrades to Neutral from Buy - PT $18 (from $21) • $NRDY: JPMorgan Downgrades to Underweight from Neutral • $NVR: Seaport Global Securities Downgrades to Neutral from Buy • $PRA: Piper Sandler Downgrades to Neutral from Overweight - PT $18 • $RVTY: Nephron Downgrades to Sell from Sell - PT $105 • $SMAR: Guggenheim Downgrades to Neutral from Buy • $TDW: Raymond James Downgrades to Outperform from Strong Buy - PT $102 (from $131) • $TEM: Stifel Downgrades to Hold from Buy - PT $65 (from $45) • $VALE: UBS Downgrades to Neutral from Buy - PT $11.50 (from $14) • $WHF: Oppenheimer Downgrades to Perform from Outperform - PT $12 (from $14) • $XERS: Piper Sandler Downgrades to Neutral from Overweight - PT $3

#Downgrades - Sep 27, 2024 $AGIO: Leerink Partners Downgrades to Market Perform from Outperform - PT $56 (from $60) $ASC: Fearnley Downgrades to Hold from Buy - PT $19 $BMBL: KeyBanc Downgrades to Sector Weight from Overweight $CLDX: Wolfe Research Downgrades to Peerperform from Outperform $DG: Citi Downgrades to Sell from Neutral - PT $73 (from $91) $HPQ: BofA Securities Downgrades to Neutral from Buy - PT $37 $MEDP: UBS Downgrades to Neutral from Buy - PT $350 (from $420) $SMAR: Citi Downgrades to Neutral from Buy - PT $56.50 (from $63) $SMMT: Citi Downgrades to Neutral from Buy - PT $23 (from $19) $STNG: Fearnley Downgrades to Hold from Buy - PT $80 $TRMD: Fearnley Downgrades to Hold from Buy $VIPS: CCB Int'l Downgrades to Neutral from Outperform - PT $15.50

#Downgrades - Sep 26, 2024 $NTRS: Goldman Sachs Downgrades to Sell from Neutral - PT $82 (from $84) $AMP: Goldman Sachs Downgrades to Neutral from Buy - PT $476 $RLJ: Wolfe Research Downgrades to Peerperform from Outperform $PK: Wolfe Research Downgrades to Peerperform from Outperform $GPN: CFRA Downgrades to Hold from Buy $JWN: KeyBanc Downgrades to Sector Weight from Overweight $SMAR: UBS Downgrades to Neutral from Buy - PT $56.50 (from $61) $SONO: Morgan Stanley Downgrades to Underweight from Overweight - PT $11 (from $25) $TNL: Barclays Downgrades to Underweight from Equalweight - PT $40 (from $46) $GEHC: UBS Downgrades to Sell from Neutral - PT $74 (from $84) $REG: Deutsche Bank Downgrades to Hold from Buy - PT $75 (from $70) $HSY: Jefferies Downgrades to Underperform from Hold - PT $163 (from $184) $FRO: SEB Equities Downgrades to Sell from Buy - PT $18.92 $RNW: Morgan Stanley Downgrades to Equalweight from Overweight - PT $7.31 (from $7.43)

#Downgrades - Sep 25, 2024 $EC: JPMorgan Downgrades to Underweight from Neutral - PT $8.50 (from $12) $EXPE: TD Cowen Downgrades to Hold from Buy - PT $150 $F: Morgan Stanley Downgrades to Equalweight from Overweight - PT $12 (from $16) $FOXA: CFRA Downgrades to Sell from Hold - PT $38 $FTRE: Jefferies Downgrades to Hold from Buy - PT $21 (from $25) $GM: Morgan Stanley Downgrades to Underweight from Equalweight - PT $42 (from $47) $GPN: BTIG Downgrades to Neutral from Buy $GPN: Seaport Global Securities Downgrades to Neutral from Buy $HBT: DA Davidson Downgrades to Neutral from Buy - PT $24 (from $26) $MEDP: Jefferies Downgrades to Hold from Buy - PT $345 (from $415) $MGA: Morgan Stanley Downgrades to Equalweight from Overweight $MNSO: DBS Group Downgrades to Hold from Buy - PT $13.30 $MNSO: JPMorgan Downgrades to Neutral from Overweight - PT $15 (from $27) $NOV: Wells Fargo Downgrades to Underweight from Equal Weight - PT $16 (from $20) $OSBC: DA Davidson Downgrades to Neutral from Buy - PT $17 (from $19) $PHIN: Morgan Stanley Downgrades to Equalweight from Overweight $RIVN: Morgan Stanley Downgrades to Equalweight from Overweight - PT $13 (from $16) $SMAR: BMO Capital Downgrades to Market Perform from Outperform - PT $56.50 (from $59) $SMAR: Canaccord Genuity Downgrades to Hold from Buy - PT $56.50 (from $60) $SMAR: Canaccord Genuity Downgrades to Hold from Buy - PT $56.50 (from $60) $SMAR: DA Davidson Downgrades to Neutral from Buy - PT $56.50 (from $55) $SMAR: William Blair Downgrades to Market Perform from Outperform $TSN: Piper Sandler Downgrades to Underweight from Neutral - PT $50 (from $57) $TXT: TD Cowen Downgrades to Hold from Buy - PT $95 (from $103) $UNP: Evercore ISI Downgrades to In Line from Outperform - PT $247 (from $254)