198040100trueLoaded Data70811WEC Energy Group IncWEC /Default.aspx?mode=anote&action=redirect&id=7081112018-12-06T06:51:24.083aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAyADQALwA0ADQALQAxADQANwA4AEYAOAA3ADYALQBGADUARAAzAC0ANAA4ADgAMAAtADgAMgBDADcALQAxADIARgBGADYARQA1ADYAMABCAEMAMgAuAHAAZABmAA==0Reiterating BUY and raising target by $6 to $81 170810Autozone IncAZO /Default.aspx?mode=anote&action=redirect&id=7081012018-12-06T06:51:24.083aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAyADQALwA0ADUALQA1ADMAMgA2AEMAQQA4ADgALQAyAEMAOABEAC0ANAA3AEYAOAAtADkAQgAyAEYALQBEAEUAQwA1AEEARQA2AEIANgAyADcAMwAuAHAAZABmAA==0Raising target to $940 following strong fiscal 1Q 270809Analog Devices Inc.ADI /Default.aspx?mode=anote&action=redirect&id=7080912018-12-06T06:51:24.083aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAyADQALwA0ADYALQBCAEMANgA1AEYAMAA4AEYALQA1ADQARgBEAC0ANAAzADMAMwAtADkAMwA3ADcALQBFADUARAAzADAAQwA2ADkARgA1ADcAQQAuAHAAZABmAA==0Trimming estimates but reaffirming BUY 369183Entergy CorpETR /Default.aspx?mode=anote&action=redirect&id=6918322018-12-04T13:45:12.083aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAyADQALwAzADMALQAwAEIAOAAxAEMAQgAyADEALQA0AEEAQwBDAC0ANAAzAEMAOAAtADgANAA2ADYALQAxADcAMwA4AEIANQBBADgAMAA0AEEARQAuAHAAZABmAA==0Reiterating HOLD amid business repositioning 469182Duke Energy CorpDUK /Default.aspx?mode=anote&action=redirect&id=6918222018-12-04T13:45:12.083aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAyADQALwAzADQALQBBAEEANQBCAEEAQwA5ADMALQBEADMAMQA2AC0ANAA0ADIAMQAtAEEANABGAEIALQBBADMAQQA5ADAAOAA2ADIAMgBDADUANAAuAHAAZABmAA==0Solid dividend yield; maintaining HOLD on valuation 569173Best Buy Co IncBBY /Default.aspx?mode=anote&action=redirect&id=6917322018-12-04T07:05:54.377aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAyADQALwAyADAALQA3AEEAQQBDADkAQwAzADQALQBCAEIARgA5AC0ANABBAEYAMgAtAEEARgBBADUALQBFADQANwA0ADQAOABFADMANgAxADQANgAuAHAAZABmAA==0Raising FY20 estimate 669172Palo Alto Networks IncPANW /Default.aspx?mode=anote&action=redirect&id=6917212018-12-04T07:05:54.377aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAyADQALwAyADEALQBFAEMAMgAzADgAMgA5ADkALQAzAEYARQA0AC0ANABGAEEARQAtAEEANQAxAEUALQBBADEANAA4ADMAMABDAEEAMAA2AEQANAAuAHAAZABmAA==0Maintaining BUY after strong fiscal 1Q19 769171First Solar IncFSLR /Default.aspx?mode=anote&action=redirect&id=6917112018-12-04T07:05:54.377aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAyADQALwAyADIALQA2AEMAMwAyADgARgBCADUALQA5AEYAOABCAC0ANAAyAEIARQAtAEIANAAzADQALQA0ADEAQgAyAEYAMAA1ADcANQA1ADAARgAuAHAAZABmAA==1Upgrading to BUY with target price of $60 869163Nisource IncNI /Default.aspx?mode=anote&action=redirect&id=6916322018-12-03T13:24:03.563aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAyADQALwAxADEALQAxADgANwAwADAAMAAwAEIALQA2ADQANAA5AC0ANAA0ADEAMwAtAEEAMAA4AEMALQBBADYAQgAxAEIAOABGADkARAAxAEIANQAuAHAAZABmAA==0Maintaining HOLD on valuation 969162Clorox CoCLX /Default.aspx?mode=anote&action=redirect&id=6916212018-12-03T13:24:03.563aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAyADQALwAxADIALQAyAEEAMgAwADkAMQA2ADIALQBGADUAQwA1AC0ANAA0ADYAMQAtAEEAQgA2ADkALQBDAEYAQgBDADMAMABDADUANgBCADIAOAAuAHAAZABmAA==0Raising target by $10 to $185 1069161Metlife IncMET /Default.aspx?mode=anote&action=redirect&id=6916112018-12-03T13:24:03.563aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAyADQALwAxADAALQBGAEMAMwBCADcAOAAwADQALQAwADEARAAwAC0ANAAxAEIANwAtAEIAMQA5AEEALQA3ADAAMgA3AEMANAAxADgAMAAxAEMAOQAuAHAAZABmAA==0Pullback offers favorable entry point 1169148General Motors CoGM /Default.aspx?mode=anote&action=redirect&id=6914822018-12-03T07:07:52.227aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAyADMALwA5ADMALQBGAEMARABDADMANgAxADcALQA5AEMARAAyAC0ANABEAEIARgAtADkAQgA5AEQALQBEADAAMwBGADIARgAxADMAMQA0AEYAMAAuAHAAZABmAA==0Reaffirming HOLD on GM's new restructuring plan 1269147Splunk IncSPLK /Default.aspx?mode=anote&action=redirect&id=6914712018-12-03T07:07:52.227aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAyADMALwA5ADQALQA4ADEANwA2AEIAQQA0AEIALQA3AEQANgBDAC0ANAAyADEAMgAtAEEARgA5AEMALQAzADMAOQA3ADUAQwBGADgAMwA1AEYARgAuAHAAZABmAA==0Reaffirming BUY following 3Q results, guidance hike 1369146HP IncHPQ /Default.aspx?mode=anote&action=redirect&id=6914612018-12-03T07:07:52.227aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAyADMALwA5ADYALQA4AEIAMQBGADgANABGADkALQA5ADMAMwBEAC0ANAAyADcANwAtAEIAQwBGADEALQA5ADYAMgAwADUAMQBCADIARgA2AEIANgAuAHAAZABmAA==0Profit growth in PCs and printing; BUY to $30 1469140Universal Technical InstituteUTI /Default.aspx?mode=anote&action=redirect&id=6914032018-11-30T13:48:56.763aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAyADMALwA4ADUALQBGADAAMAAwAEUAOAA1ADQALQA2ADkAMAA1AC0ANAAxAEUAQQAtAEIANgBEADEALQAxADMAOQBCAEIAQQBFAEUANgBCAEQANwAuAHAAZABmAA==0Signs of progress but losses continue; reiterating SELL 1569139Stryker CorpSYK /Default.aspx?mode=anote&action=redirect&id=6913912018-11-30T13:48:56.763aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAyADMALwA4ADYALQA0ADkAMAA5AEIARQAzAEIALQA5AEMARgBFAC0ANAAxADMAOAAtADgAOAA2AEUALQAyADUANgAwADEANwBCAEIAOQBEADgARAAuAHAAZABmAA==0Reaffirming BUY and raising target to $210 1669127United Therapeutics CorpUTHR /Default.aspx?mode=anote&action=redirect&id=6912722018-11-30T07:01:53.733aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAyADMALwA3ADIALQAwADkAOQAzADgAOQBEADUALQBFADAARgA2AC0ANAAxADkARQAtADgANABFADcALQAwADgAMQBEADUAMgAyADMAQQA2AEEAOQAuAHAAZABmAA==0Reiterating HOLD on lower margins, new competition 1769126Abercrombie & Fitch CoANF /Default.aspx?mode=anote&action=redirect&id=6912612018-11-30T07:01:53.733aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAyADMALwA3ADMALQAyADUAOQBGADIAOABDADcALQBEADQANwA5AC0ANAA0ADkAOQAtAEIAMwA0AEMALQBEADUAQgAxAEIAMwA4ADAANQBDAEIANQAuAHAAZABmAA==0Raising EPS estimates 1869121Salesforce.com IncCRM /Default.aspx?mode=anote&action=redirect&id=6912112018-11-29T13:45:21.090aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAwADcALwA1ADMALQA5ADgAQgAxAEIAMgA5ADYALQA3ADIAOQA5AC0ANAAwADAAMgAtADgAQQA5AEQALQA4ADkAMAAyAEEAMQBGADAAMQA2AEQANwAuAHAAZABmAA==0Maintaining BUY and $180 target 1969120Central Garden & Pet CoCENT /Default.aspx?mode=anote&action=redirect&id=6912012018-11-29T13:45:21.090aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAwADcALwA1ADQALQA2AEUAQQBEADkAMQBBAEIALQA2ADYANwAxAC0ANAAxADgANAAtADkAQwAwADYALQBFADAAQwAyADAANgBGAEEAQQAyAEEAMwAuAHAAZABmAA==0Maintaining BUY but reducing target by $6 to $40 2069111United Technologies CorpUTX /Default.aspx?mode=anote&action=redirect&id=6911112018-11-29T07:08:25.630aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAwADcALwAzADUALQBBAEUANQA3ADMARQA5ADcALQAwADAANQAxAC0ANABCADYANwAtAEIANAA2AEIALQAwADMANQA2ADMAMQAxAEIARgBDAEEARAAuAHAAZABmAA==0Price decline offers buying opportunity 2169110Royal Bank of CanadaRY /Default.aspx?mode=anote&action=redirect&id=6911012018-11-29T07:08:25.630aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAwADcALwAzADYALQBGADYARQBCAEUAQwA2ADAALQA5AEMARQBBAC0ANAAwAEYAMAAtAEIAQgA0ADEALQAxADIANgA2ADMARgA1ADUARQA2AEYAMQAuAHAAZABmAA==0Good 4Q EPS, but lowering target to $89 on a less favorable currency rate 2269109Harris CorpHRS /Default.aspx?mode=anote&action=redirect&id=6910912018-11-29T07:08:25.630aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAwADcALwAzADcALQA1AEYARgBGADYAMgAxADgALQBFADkAQgBGAC0ANABBAEUANAAtAEEAOAA1ADYALQA5ADQARAAwADkARQAxADQAMQAxADkANwAuAHAAZABmAA==0Recent weakness offers buying opportunity 2369108HCP IncHCP /Default.aspx?mode=anote&action=redirect&id=6910822018-11-29T07:08:25.630aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAwADcALwAzADkALQA5ADAANwAzAEUAOQBEAEMALQBFADUAMQBFAC0ANAA3ADUAQwAtAEIAQwBGADAALQAzADYAMgA5AEYARABCADgAMwAwAEIAOQAuAHAAZABmAA==0Near-term outlook remains challenging; reiterating HOLD 2469107TJX Companies IncTJX /Default.aspx?mode=anote&action=redirect&id=6910712018-11-29T07:08:25.630aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAwADcALwA0ADAALQA4ADMAMQA0ADkAMwBCADcALQA3AEMAMgBGAC0ANAA3ADcARgAtADkAMAA5ADcALQBCADYAOQAyAEQAOAAzAEUARABGADgAOQAuAHAAZABmAA==1Raising rating to BUY with $55 target 2569106Cracker Barrel Old Country StoCBRL /Default.aspx?mode=anote&action=redirect&id=6910612018-11-29T07:08:25.630aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAwADcALwAzADgALQA4ADMAOAAwAEIAMAA3ADQALQA2ADkAQQBCAC0ANABGADYARQAtAEIAMgA3ADYALQAyADQAMAAzAEUAQQA0ADkAOQAwAEIANQAuAHAAZABmAA==1Upgrading to BUY with $210 target 2667481BHP Group LimitedBHP /Default.aspx?mode=anote&action=redirect&id=6748112018-11-28T14:18:20.727aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAwADcALwAyADYALQA4ADgANQAxADAAQwA0ADQALQA0AEMAQQBBAC0ANAA0ADAANAAtAEIANABGADUALQBDADYAOQBEADcAMwAyAEUAQQA1ADYARQAuAHAAZABmAA==0Reiterating BUY with revised target of $53 2767480Apple IncAAPL /Default.aspx?mode=anote&action=redirect&id=6748012018-11-28T14:18:20.727aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAwADcALwAyADcALQA4ADMAQgA3AEQARQAyADUALQAwADQARgBDAC0ANAA2ADEANwAtAEEAMQBFADAALQAyADgANwBFADkANABBADAAOQA0AEEAOQAuAHAAZABmAA==0Under pressure from tariffs and demand concerns 2867466MDU Resources Group IncMDU /Default.aspx?mode=anote&action=redirect&id=6746622018-11-28T06:50:36.393aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAwADcALwAxADMALQBFADMANQA1ADgAQgA5ADAALQA4ADcAMgBDAC0ANAA2AEYAMgAtADkAMQA3ADYALQBGADYANQAyAEYAOAAzADUAMQBFAEQAQwAuAHAAZABmAA==0Maintaining HOLD; stock fully valued 2967465Tapestry IncTPR /Default.aspx?mode=anote&action=redirect&id=6746522018-11-28T06:50:36.393aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAwADcALwAxADQALQA1ADgAOQA4AEYANwA1ADIALQAxADUAOQAzAC0ANABDAEQARQAtADkARgA5ADAALQAwADUANwAyAEQARgAwADgANwA3AEQAOQAuAHAAZABmAA==0Looking for better entry point 3067464Allstate Corp (The)ALL /Default.aspx?mode=anote&action=redirect&id=6746412018-11-28T06:50:36.393aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAwADcALwAxADUALQA2ADgANQA2ADAAQQBFADkALQAxADIAOQBGAC0ANAAzAEEAQgAtAEEARQBBAEIALQAwADUARQBGADgAOQA1ADYARAAwAEMARgAuAHAAZABmAA==0Lowering target to $106 following 3Q results 3167463Regions Financial CorpRF /Default.aspx?mode=anote&action=redirect&id=6746312018-11-28T06:50:36.393aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAwADcALwAxADYALQBCADIAOABBADEANgA3ADAALQBFADYAOABEAC0ANAAwAEIARQAtADkARgA2AEIALQAyADcARABGADcANQAyADkAMAA5ADgANAAuAHAAZABmAA==3Launching coverage with a BUY rating and $19 target 3267459Rio Tinto PLCRIO /Default.aspx?mode=anote&action=redirect&id=6745912018-11-27T14:02:28.270aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAwADcALwAwADUALQA0AEMAOABGAEEAMwA3ADkALQA2ADIARQA3AC0ANAAxADkAOQAtADkARQA3ADcALQBEADUANgA0ADcANwA2ADQAMQBCAEIAMQAuAHAAZABmAA==0Reaffirming BUY but lowering target by $5 to $58 3367458Medtronic PLCMDT /Default.aspx?mode=anote&action=redirect&id=6745812018-11-27T14:02:28.270aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAwADcALwAwADQALQA1AEMAQQAxADIARAA5ADMALQA2AEEAMgAyAC0ANABBADQAQgAtAEEANQBDAEQALQAyADkAOQBBADQARQAzADYAQgBCADAANAAuAHAAZABmAA==0Reiterating BUY and $120 target 3467449El Paso Electric CoEE /Default.aspx?mode=anote&action=redirect&id=6744922018-11-27T07:10:43.433aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAwADYALwA5ADEALQBEAEEAMwA1AEEAQgA5ADMALQAwAEEAOQBDAC0ANAA4AEMANAAtAEIANwAwAEYALQAwADYARABFADMANgAzADYARgBBADgAMwAuAHAAZABmAA==0Strong 3Q18 EPS; stock fully valued 3567448Kohl's CorpKSS /Default.aspx?mode=anote&action=redirect&id=6744822018-11-27T07:10:43.433aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAwADYALwA5ADIALQA0ADIAOABGAEIANgBBADQALQA3AEUAOQA0AC0ANABBADMAMQAtAEEAOQBEAEYALQBGADQAQwA4AEMAMQBCADIAOQA1ADMANgAuAHAAZABmAA==0Maintaining HOLD; attractive 3.8% dividend yield 3667447Deere & CoDE /Default.aspx?mode=anote&action=redirect&id=6744712018-11-27T07:10:43.433aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAwADYALwA5ADMALQBFADAARgBCADEAOAA2AEMALQBEAEIAMQA2AC0ANABCADUARAAtADgAOQBFADAALQA4AEQANABGAEQARgAyAEYARgBFAEIAQwAuAHAAZABmAA==0Recent weakness offers buying opportunity 3767446Public StoragePSA /Default.aspx?mode=anote&action=redirect&id=6744612018-11-27T07:10:43.433aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAwADYALwA5ADQALQAzADUAMgBDAEEANgA2ADgALQA2ADgAMwAyAC0ANAAyAEYANgAtAEEANQA2AEMALQA2ADUAQQA3ADAAMABEADQAOAAxADMAQgAuAHAAZABmAA==0Maintaining target at $230 on positive results 3867438British American TobaccoBTI /Default.aspx?mode=anote&action=redirect&id=6743812018-11-26T13:47:47.187aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAwADYALwA3ADcALQA0AEYAOQA2AEEANQBFADIALQAwAEQARAA1AC0ANAA2ADQARgAtADgANgBBAEIALQBDAEIAOQAyADcAMwA4ADAANQBDADkAOAAuAHAAZABmAA==0Reiterating BUY but lowering target by $10 to $60 3967437McDonald's CorpMCD /Default.aspx?mode=anote&action=redirect&id=6743712018-11-26T13:47:47.187aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAwADYALwA3ADgALQBFAEIAMgA2AEUANgA1ADQALQAxADEAQQAwAC0ANAA3ADUAQQAtAEEAMQA2ADQALQAyADkAOQA0ADYARAAxADIAMwBBADUANAAuAHAAZABmAA==0Raising target by $20 to $210 4067436Markel CorpMKL /Default.aspx?mode=anote&action=redirect&id=6743622018-11-26T13:47:47.187aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAwADYALwA3ADkALQBCADYAMQA3ADgARgA0AEEALQA5AEYAOAA2AC0ANAA3ADAANgAtADgAQgAyADQALQBFADUAOABBADYAMgBBAEIAQgA5ADQANgAuAHAAZABmAA==0Maintaining HOLD rating 4167424Gap IncGPS /Default.aspx?mode=anote&action=redirect&id=6742422018-11-26T07:03:42.153aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAwADYALwA3ADAALQBGAEEAMQBEADQAOQA1AEUALQA0ADUARAA2AC0ANABFADYAOQAtADgAMAA1ADgALQBDADUAQQA4ADEARABCADkARAAwADkAMgAuAHAAZABmAA==0Mixed 3Q; closing underperforming specialty stores 4267423Vornado Realty TrustVNO /Default.aspx?mode=anote&action=redirect&id=6742312018-11-26T07:03:42.153aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAwADYALwA3ADEALQA0AEIAOQA2ADYAMQA1ADkALQBCADMANgAyAC0ANAAzADYARAAtADgAQgBFADkALQA2ADkAMQAwAEIANABGAEEAQwAzADEARAAuAHAAZABmAA==0Lowering target to $79 on New York supply concerns 4367408Foot Locker IncFL /Default.aspx?mode=anote&action=redirect&id=6740822018-11-23T06:58:41.290aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAzADAALwAwADYALwAzADQALQAyADcANgAwADgARABDADEALQAxADMARQA5AC0ANAA3AEUANAAtAEIAQQA4AEMALQA2ADkARQAzADYARQBDAEIAOQA0ADAARgAuAHAAZABmAA==0Maintaining HOLD following fiscal 3Q results 4467407Cardinal Health IncCAH /Default.aspx?mode=anote&action=redirect&id=6740712018-11-23T06:58:41.290aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADMALwAxADUALQBEADEANAA5AEEANwA0ADgALQA0ADMAQQAyAC0ANABDADgAQwAtADgANwBFADMALQA4AEQANABFADUANQAyADQAOABDADcAOAAuAHAAZABmAA==0Reaffirming BUY with target price of $75 4567406Autodesk IncADSK /Default.aspx?mode=anote&action=redirect&id=6740612018-11-23T06:58:41.290aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADMALwAxADcALQBFAEYANgA2ADkAMQBBAEUALQAyADIAMwAzAC0ANABDADUAMwAtAEEAMQA1ADUALQBFADAAQQBFADYAMQBEADgAOAA0AEUAMwAuAHAAZABmAA==1Upgrading to BUY with target price of $160 4665781Williams-Sonoma IncWSM /Default.aspx?mode=anote&action=redirect&id=6578112018-11-21T13:46:09.113aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADIALwA5ADYALQAyADcARgA4AEUANAA1AEQALQBBADMAMQA1AC0ANAAzADQANgAtAEIAOQBEADUALQBBADYARQAxADQAMQA0ADgANAA2ADIAMQAuAHAAZABmAA==0Reiterating BUY but lowering target to $70 4765780Lowe's Companies IncLOW /Default.aspx?mode=anote&action=redirect&id=6578012018-11-21T13:46:09.113aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADIALwA5ADcALQAyAEMAQwAxADMAMAA3ADgALQAyADYAOAAxAC0ANABFAEIAMQAtAEIANgAyADcALQA2AEEAOAAwADQAMQA2ADUAMQA2AEEAQgAuAHAAZABmAA==0Reducing target to $110 from $120 4865779L Brands IncLB /Default.aspx?mode=anote&action=redirect&id=6577922018-11-21T13:46:09.113aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADMALwAwADYALQA1ADIAMQBBADgARQAwAEMALQBBAEUAOQBGAC0ANAA4ADcAMQAtAEEAMABBADcALQA0ADMARQA1ADYAQgBEADIAQQA2ADgAQwAuAHAAZABmAA==0Dividend cut, full-year guidance raised; maintaining HOLD 4965778Jacobs Engineering Group IncJEC /Default.aspx?mode=anote&action=redirect&id=6577812018-11-21T13:46:09.113aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADMALwAwADUALQAzADkAQQBCAEUAQwAwADAALQA4ADIANwBFAC0ANABCADYANQAtAEEARgA0ADMALQBCADgAMAA1AEYAMQA2ADUARQBDADQANwAuAHAAZABmAA==0Reiterating BUY and $84 target 5065763Intuit CorpINTU /Default.aspx?mode=anote&action=redirect&id=6576312018-11-21T07:04:10.210aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADIALwA4ADUALQAxADUARgBFADYARgBEAEEALQA4ADYAMgAyAC0ANAAyADEARQAtAEEAOQAyADUALQAwADkAQQA3AEQARgBFADUAOQAzADUAQQAuAHAAZABmAA==0Strong QuickBooks online growth; reiterating BUY 5165762Humana Inc.HUM /Default.aspx?mode=anote&action=redirect&id=6576212018-11-21T07:04:10.210aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADIALwA4ADMALQA4ADQANQBFAEEAQwA0AEYALQBGADgARABBAC0ANAA3AEMARAAtAEEANgA3AEEALQA5AEIANAAxADMARAA3AEMAMQA1ADEANwAuAHAAZABmAA==0Reaffirming BUY rating with $375 target 5265761AvalonBay Communities IncAVB /Default.aspx?mode=anote&action=redirect&id=6576112018-11-21T07:04:10.210aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADIALwA4ADIALQAzAEUAMgBCADEAQgAzADIALQAyAEMAQwAyAC0ANAA5ADAANAAtADkANwBGAEQALQBCAEEAMwBFAEYAMQAyAEEAQgBFAEYAOAAuAHAAZABmAA==0Raising target by $9 to $205 5365760Analog Devices Inc.ADI /Default.aspx?mode=anote&action=redirect&id=6576012018-11-21T07:04:10.210aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADIALwA4ADQALQBGADMAMQBBADgAOABFADkALQBDAEEAMQAxAC0ANABBAEYAOQAtAEIAMgAwADQALQA0ADMAQQA3ADkAOAA3AEYARAA1AEYAQgAuAHAAZABmAA==0Reaffirming BUY with $110 target 5465757Walmart IncWMT /Default.aspx?mode=anote&action=redirect&id=6575712018-11-20T12:58:56.423aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADIALwA2ADIALQBFADAAOQAwAEYAMwA3ADkALQA3ADEAMQBFAC0ANAA5AEIARgAtAEIAMQA3ADcALQA5AEYARAA4ADIAMwA2AEQANQBBADEAMQAuAHAAZABmAA==0Maintaining BUY as solid comps continue 5565756Hologic IncHOLX /Default.aspx?mode=anote&action=redirect&id=6575612018-11-20T12:58:56.423aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADIALwA2ADMALQA4ADAAMABGADAAQQAxADkALQA2ADgAQwBDAC0ANAA0ADAANQAtADkARQA1ADMALQBGAEMAQwA2AEEARQBDAEQANgBBAEEAMgAuAHAAZABmAA==0Reaffirming BUY with target of $56 5665755Charles River Laboratories IntCRL /Default.aspx?mode=anote&action=redirect&id=6575512018-11-20T12:58:56.423aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADIALwA2ADQALQBGADgANABCADUANAAwADEALQBGADYARgBCAC0ANAAzADcARAAtADgAOAAxADUALQBEADkANAAxADEARABBAEEANABGADEAMQAuAHAAZABmAA==0Raising target by $15 to $155 5765743Weyerhaeuser CoWY /Default.aspx?mode=anote&action=redirect&id=6574312018-11-20T06:49:20.260aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADIALwA0ADkALQAyADkAMAA0ADEAMgBEADIALQAzAEIAQQBCAC0ANAAwADkAOQAtAEEANgA2AEMALQA1AEMAQwA5ADMANgBGAEEAMAA1ADYARgAuAHAAZABmAA==0Lowering target by $6 to $34 on weak guidance 5865742Viacom IncVIAB /Default.aspx?mode=anote&action=redirect&id=6574222018-11-20T06:49:20.260aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADIALwA1ADAALQAwADQAMgBCADAAMQA4AEMALQA4AEMARAAzAC0ANAAwADkAQgAtAEIAMQBBAEQALQBGADMAMwAzAEMARABDADcAOAA3AEQARQAuAHAAZABmAA==0Reiterating HOLD following fiscal 4Q results 5965741Marriott International, Inc.MAR /Default.aspx?mode=anote&action=redirect&id=6574122018-11-20T06:49:20.260aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADIALwA0ADgALQBDADgANgBFADYAQQA0AEUALQBFAEEANwBEAC0ANABEAEIANAAtAEEANQA1ADYALQBBADMAQwAwADMARAA4AEYAOQAxAEQAOAAuAHAAZABmAA==-1Downgrading to HOLD on slowing growth 6065736Nordstrom IncJWN /Default.aspx?mode=anote&action=redirect&id=6573622018-11-19T13:42:58.580aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADIALwA0ADEALQA1ADUANQBFADkAMgAxADAALQAwADUANwA5AC0ANABDAEQAQQAtAEEANQA3ADUALQBBAEQANAA1ADEANABGAEQARQA1AEMAMQAuAHAAZABmAA==0Maintaining HOLD following 3Q results 6165735Helmerich & Payne IncHP /Default.aspx?mode=anote&action=redirect&id=6573512018-11-19T13:42:58.580aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADIALwA0ADAALQBBADIAQgAwADkAMABCADMALQBCAEEANABCAC0ANAAzADUARgAtADkAOQA2AEQALQBBADQAMQA1ADYAQQA4AEQANQAxAEYANQAuAHAAZABmAA==0Solid fiscal 4Q18; reiterating BUY and $87 target 6265722Macy's IncM /Default.aspx?mode=anote&action=redirect&id=6572222018-11-19T06:51:14.260aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADIALwAyADcALQAzADkAOQA1ADIAMQA4ADQALQBFAEYANAAzAC0ANABGADQAOQAtAEIAOABEAEMALQAwADQAMwA1ADcAMQBBAEQAOQA2AEYANQAuAHAAZABmAA==0Reiterating HOLD; raising FY20 estimate 6365721Ventas IncVTR /Default.aspx?mode=anote&action=redirect&id=6572122018-11-19T06:51:14.260aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADIALwAyADgALQA4ADgANABDAEEANABBADAALQA0ADAAOAA4AC0ANAA0ADUARAAtAEIAMAA1AEIALQA5ADAARABFADgANwBEADcAOQAyADgAOQAuAHAAZABmAA==0Maintaining HOLD on supply and occupancy concerns 6465720Under Armour IncUAA /Default.aspx?mode=anote&action=redirect&id=6572022018-11-19T06:51:14.260aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADIALwAzADAALQBCADcARgAzADkAMAA3ADEALQBBAEIARQBGAC0ANAAxADYAMAAtAEIAQQA1ADgALQBEAEQAQwA3ADUARAAxADMANgA2AEQARQAuAHAAZABmAA==0Stock fully valued; maintaining HOLD 6565719Becton Dickinson & Co.BDX /Default.aspx?mode=anote&action=redirect&id=6571912018-11-19T06:51:14.260aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADIALwAyADkALQA0ADcAQgA4ADAANQA3ADYALQAwADYANwA2AC0ANABGADkAMAAtADgARABFAEYALQBGADMAMwBBADQANABGADcAMAA3AEEAMgAuAHAAZABmAA==0Reaffirming BUY with $290 target 6665718Applied Materials IncAMAT /Default.aspx?mode=anote&action=redirect&id=6571812018-11-19T06:51:14.260aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADIALwAyADYALQAzADEARgAyADkAQQA5ADUALQBCADEAOQBGAC0ANAAxADcANwAtADgAQgBEADEALQA1ADYAMwA5ADYAMgA0AEMAQQAwADUARAAuAHAAZABmAA==0Margins holding up amid near-term challenges; reiterating BUY 6765714AES CorpAES /Default.aspx?mode=anote&action=redirect&id=6571422018-11-16T14:20:43.243aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADIALwAyADEALQA2ADAAMgAzAEYARgAzAEIALQAzAEIARAA4AC0ANAA4AEMAOAAtADkANQAxADAALQA5ADUAMABEADAAMQAxADMANwBFAEYARgAuAHAAZABmAA==0Reiterating HOLD on valuation 6865713SAP SESAP /Default.aspx?mode=anote&action=redirect&id=6571312018-11-16T14:20:43.243aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADIALwAxADkALQAxADYARgAzAEEAMgBGADEALQAwADYAMgA5AC0ANAA3AEIAMAAtADgARAAwAEEALQA2ADYAMgA3AEEARQA1ADgAMABFAEUANQAuAHAAZABmAA==0Qualtrics acquisition announced; reiterating BUY 6965712NVIDIA CorpNVDA /Default.aspx?mode=anote&action=redirect&id=6571212018-11-16T14:20:43.243aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADIALwAyADAALQAxADgAOQAxAEYANAAwADEALQA1AEQARQAxAC0ANAAwAEQARAAtAEEAQgA4ADcALQA2ADEANAAwADgAQwA2ADkAQgBDAEEANwAuAHAAZABmAA==0Shares plunge on inventory logjam, weak guidance 7065695Suburban Propane Partners L PSPH /Default.aspx?mode=anote&action=redirect&id=6569522018-11-16T06:52:19.023aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADEALwA5ADUALQBCADUAQQA2ADcAMgBEAEUALQA1ADcAMwBEAC0ANABGAEMARAAtADgAOABDADEALQA4ADQAQwBDADcAOAA3AEEAOQA5ADYARQAuAHAAZABmAA==0Net loss in fiscal 4Q; reiterating HOLD 7165694PG&E Corp.PCG /Default.aspx?mode=anote&action=redirect&id=6569412018-11-16T06:52:19.023aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADEALwA5ADYALQBEADMARgBCADUAMAA5AEIALQAyADkARgA0AC0ANABEAEMANQAtAEIAMwBEADYALQAxAEEAQQBDADIARgA5ADYAMgA3AEEAQQAuAHAAZABmAA==0Lowering target to $36 from $54 on wildfire damages 7265693Vulcan Materials Co (Hldg CoVMC /Default.aspx?mode=anote&action=redirect&id=6569312018-11-16T06:52:19.023aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADEALwA5ADgALQBEAEQAOQBEADYAMQBDAEEALQA1ADUAMAAzAC0ANABDADEANAAtAEIAOQA1ADIALQAxAEMAQwAzADgANQA0ADQAMQA1ADAANgAuAHAAZABmAA==0Maintaining BUY and target of $122 7365692D.R. Horton IncDHI /Default.aspx?mode=anote&action=redirect&id=6569212018-11-16T06:52:19.023aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADEALwA5ADkALQBDADUAQwAzADcANABCADUALQA3ADgAMgA4AC0ANAA1ADYAMQAtAEIARgA2AEUALQBCADAANgBDADAAMgA0AEIANwBFADMANwAuAHAAZABmAA==0Reducing target to $47 from $57 7465691NetApp IncNTAP /Default.aspx?mode=anote&action=redirect&id=6569112018-11-16T06:52:19.023aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADEALwA5ADcALQA5ADkARQA2AEYANAA4ADgALQAwAEMANwBFAC0ANABGADMAMwAtADkARQBBADcALQA0AEIAMQA0ADQAMgA5ADMARABCADIAQwAuAHAAZABmAA==0Shares tumble, but flash, cloud outlook remain positive 7565690International Game Tech PLIGT /Default.aspx?mode=anote&action=redirect&id=6569012018-11-16T06:52:19.023aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADIALwAwADAALQBEAEIAMgAxADIAMQAyAEUALQA5AEEAOQAxAC0ANABEADcARgAtAEIAMwBGAEMALQA3ADEANAA2ADgARQA3ADgANAA2ADkAQgAuAHAAZABmAA==0Sell-off represents buying opportunity 7665689Cisco Systems, Inc.CSCO /Default.aspx?mode=anote&action=redirect&id=6568912018-11-16T06:52:19.023aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADIALwAwADEALQBBADAANwAwADgAMwAwAEUALQA3ADUARgBCAC0ANAA5AEQAOQAtAEEANwA5AEMALQBDADAANQBEADYAMAAwAEUANQBCADEARgAuAHAAZABmAA==0Beat & raise lifts stock; BUY to $55 7765688JC Penney Co IncJCP /Default.aspx?mode=anote&action=redirect&id=6568832018-11-16T06:52:19.023aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwA1ADIALwAwADMALQBFAEEAMAAyADEAOQBEADEALQAxADQANAAzAC0ANABBAEEAMQAtADkAOAAxAEMALQBGAEEAMAA2ADUANQBGADIAQQBEADkANgAuAHAAZABmAA==-1Downgrading to SELL as losses continue 7865685Lions Gate Entertainment Corp.LGF/A /Default.aspx?mode=anote&action=redirect&id=6568512018-11-15T13:55:00.703aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwAzADUALwA1ADgALQA1AEYAMQAxAEEAMwBEAEUALQA3ADkAMwA1AC0ANAA1ADIARQAtADkANgBBADIALQAwADcAOABGADcAQgA3AEUANAA0AEIARgAuAHAAZABmAA==0Mixed 2Q19; reiterating BUY 7965684Boyd Gaming CorpBYD /Default.aspx?mode=anote&action=redirect&id=6568412018-11-15T13:55:00.703aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwAzADUALwA2ADAALQAxAEMAQgBFAEUAQwAzADIALQAxADUANgA2AC0ANABDADQAOAAtADkANQBFADYALQBDADIANQA5ADQAOAAzADMANAA3ADIAMwAuAHAAZABmAA==0Maintaining BUY and lowering target to $32 8065683AmerisourceBergen CorpABC /Default.aspx?mode=anote&action=redirect&id=6568312018-11-15T13:55:00.703aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwAzADUALwA2ADEALQAyADYAMQA5AEYARAA4ADEALQBGAEMAOQAyAC0ANAAwAEMAQwAtAEEAMAAzADkALQAyADkAMgBCADEANgBCAEMANQBFAEIAMwAuAHAAZABmAA==0Reaffirming BUY with $115 target 8165682Advance Auto Parts IncAAP /Default.aspx?mode=anote&action=redirect&id=6568212018-11-15T13:55:00.703aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwAzADUALwA1ADkALQBFADQAMQBBADAARgBCADEALQAxADgAOABDAC0ANAA0AEMAQwAtADgANwBFAEQALQA2AEUANABEADAAMQBBADMARAA1ADAAQwAuAHAAZABmAA==0Reaffirming BUY and raising target to $207 8265671Tyson Foods IncTSN /Default.aspx?mode=anote&action=redirect&id=6567122018-11-15T07:14:31.270aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwAzADUALwA0ADAALQBCADUANgBFADAAQgBFADAALQBFADQAMQA3AC0ANAA2ADMANAAtADgANwBDADMALQAzADYARgBGAEYANgAzAEMAMQBDADUANwAuAHAAZABmAA==0Maintaining HOLD on 4Q18 mixed results 8365670ORANGE SAORAN /Default.aspx?mode=anote&action=redirect&id=6567012018-11-15T07:14:31.270aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwAzADUALwA0ADEALQA3AEYAQgA0AEQAOQA3ADIALQAzADMAMABBAC0ANAAwADUAQQAtADkARAAxAEMALQA3AEYANQBBADUANgA3ADIARgBEAEUARgAuAHAAZABmAA==0High yield attractive in low-rate environment 8465669Ethan Allen Interiors IncETH /Default.aspx?mode=anote&action=redirect&id=6566922018-11-15T07:14:31.270aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwAzADUALwA0ADQALQA1ADQAQQAwADcAQwAwADIALQA1ADMANAA2AC0ANAAxAEEARgAtAEEAMwAwADcALQA4AEUAMAAyADYARgAxADUAMQAxAEUANwAuAHAAZABmAA==0Sluggish sales outlook; reiterating HOLD 8565668Vodafone Group PLCVOD /Default.aspx?mode=anote&action=redirect&id=6566812018-11-15T07:14:31.270aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwAzADUALwA0ADIALQBEAEQAQgAzADYANQAyAEEALQAwADkANQBEAC0ANAAxADIAQQAtADgAOAAxADgALQAwADgAMAA0ADUAQwAwADQAQgBCADQANgAuAHAAZABmAA==0Recent weakness represents a favorable entry point 8665667Mylan N.V.MYL /Default.aspx?mode=anote&action=redirect&id=6566712018-11-15T07:14:31.270aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwAzADUALwA0ADMALQA1AEMAMABBADcAMwBDAEMALQAyAEMAMAA3AC0ANAAwADMARgAtADkANwAwAEEALQA2ADEANQAzAEMANgA5AEQARQBDADMAQgAuAHAAZABmAA==1Upgrading to BUY with $42 target 8764041Sysco CorpSYY /Default.aspx?mode=anote&action=redirect&id=6404112018-11-14T13:24:06.573aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwAzADUALwAxADAALQA5ADgAMAA3ADMAQwBEAEIALQA5ADYAMQA4AC0ANAA1AEQAMwAtADgANABDADcALQA0AEEAOQAzADEAMgBEADIAMgBFADkANQAuAHAAZABmAA==0Selloff represents a buying opportunity 8864040Marathon Oil CorpMRO /Default.aspx?mode=anote&action=redirect&id=6404012018-11-14T13:24:06.573aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwAzADUALwAxADEALQAwAEUARQBCADYANQBGADEALQA5ADUAOABBAC0ANAA1ADgAMAAtADgANQBCAEIALQA5AEIAMABEAEYAOQAyADQAOQBBAEMAOQAuAHAAZABmAA==0Reaffirming BUY and $25 target 8964039Regency Centers CorpREG /Default.aspx?mode=anote&action=redirect&id=6403912018-11-14T13:24:06.573aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwAzADUALwAxADQALQBDADUARQBFAEIARABFAEIALQBBAEQARQA2AC0ANAAzADMANAAtADgANABDAEIALQA1ADMAQQA5AEUAQQA5ADkAQQAyADQAMgAuAHAAZABmAA==0Maintaining $70 target on improving NOI 9064038Athenahealth IncATHN /Default.aspx?mode=anote&action=redirect&id=6403822018-11-14T13:24:06.573aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwAzADUALwAwADkALQA0AEUANwA5ADkAMgA1ADYALQAwAEEAMgBBAC0ANAA4ADkAMwAtAEEAQwA5ADkALQA1ADcAMgBFADMAMgAzAEEANQAyADAAMQAuAHAAZABmAA==0Going private at $135 per share 9164037Activision Blizzard IncATVI /Default.aspx?mode=anote&action=redirect&id=6403712018-11-14T13:24:06.573aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwAzADUALwAxADIALQAyAEYAMgA1ADUARgA1ADYALQAwAEYANgA4AC0ANAAwADkARgAtADgAMAAzADMALQBBAEQAQQA3AEEAMgA1AEMAQwA0ADIANQAuAHAAZABmAA==0Disappointing 3Q18; lowering price target 9264036Johnson Controls Intl plJCI /Default.aspx?mode=anote&action=redirect&id=6403612018-11-14T13:24:06.573aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwAzADUALwAxADMALQBCAEYAMwBGAEEANwA3ADUALQBCADUANAA1AC0ANAA5AEMARQAtADkAMAAzADkALQA4ADEANAAyADEAOQA5AEUAOQBFAEYAMQAuAHAAZABmAA==0Power Solutions sale announced; reiterating BUY 9364024Eversource EnergyES /Default.aspx?mode=anote&action=redirect&id=6402412018-11-14T07:16:34.733aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwAzADQALwA4ADkALQAzADEAMQA1ADMAMgA4ADAALQA2ADQAMQA4AC0ANABCADIANgAtADkAMgAwADYALQBBAEEAMwBGADEARQBBAEEAQgBGADUAQwAuAHAAZABmAA==0Reiterating BUY on strong fundamentals 9464023TEGNA IncTGNA /Default.aspx?mode=anote&action=redirect&id=6402312018-11-14T07:16:34.733aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwAzADQALwA5ADAALQAxADgAOQAzADgAOQBDAEMALQBFAEUAQQA1AC0ANAA3ADgAQQAtADgANgAxAEQALQBDAEMAQgBGAEYAMwA1AEMAMgBFAEIANQAuAHAAZABmAA==0Maintaining BUY and $15 target 9564022Home Depot IncHD /Default.aspx?mode=anote&action=redirect&id=6402212018-11-14T07:16:34.733aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwAzADQALwA5ADEALQA0AEUAMABEADEARQA0ADAALQA3ADQAMABEAC0ANAA3AEEAOAAtAEIAMwAxADYALQA0ADAARQA5AEEAOQA4ADcANgBEAEUAMgAuAHAAZABmAA==0Maintaining target following strong 3Q 9664021BCE IncBCE /Default.aspx?mode=anote&action=redirect&id=6402122018-11-14T07:16:34.733aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwAzADQALwA5ADIALQBGADQAOQA0ADkAOQAyADUALQA4ADEANgAyAC0ANABCADIAMgAtADgAMAAwADcALQA4AEMAMgA5ADYANABCAEUANgBCADMAQgAuAHAAZABmAA==0Looking for an upgrade opportunity 9764020NutriSystem IncNTRI /Default.aspx?mode=anote&action=redirect&id=6402022018-11-14T07:16:34.733aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwAzADQALwA5ADMALQA4ADIAQgA4AEEAOABGAEYALQAyAEIAMQBFAC0ANABCAEEANQAtAEEAQgAxAEMALQBBAEIAMgBFAEMAMgA3AEQAMgAxADIARgAuAHAAZABmAA==0Maintaining HOLD on challenging outlook 9864019Kimco Realty CorpKIM /Default.aspx?mode=anote&action=redirect&id=6401922018-11-14T07:16:34.733aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwAzADQALwA5ADUALQBDADcAMwBCAEYAOABDAEUALQA2ADkARgA3AC0ANAAyAEUARAAtADkAQQBDAEYALQA4ADEAMgAyADAAQgA4ADAANABBADYANwAuAHAAZABmAA==0Maintaining HOLD amid asset sales 9964018International Business MachineIBM /Default.aspx?mode=anote&action=redirect&id=6401822018-11-14T07:16:34.733aAB0AHQAcAA6AC8ALwByAGUAcwBvAHUAcgBjAGUAcwAuAGEAcgBnAHUAcwByAGUAcwBlAGEAcgBjAGgALgBjAG8AbQAvAHIAZQBwAG8AcgB0AHMALwAwADAALwAwADAALwAyADkALwAzADQALwA5ADQALQBFAEMAOAAwAEMARAA2ADIALQA3ADYAQgAyAC0ANABDAEIAMQAtAEIARgBDAEIALQBFADUANQBEADkARgA2ADEAQQAwADAAMAAuAHAAZABmAA==0Red Hat a path to hybrid cloud; reiterating HOLD 100

227012018-12-10T07:42:46.957Shift in Asset Allocation72479190Daily Spotlight2018-12-10T07:27:36.563NYSE

November was another volatile month. The S&P 500 Index (ETF symbol SPY) had steadied and was up 3.2% YTD through November; the primary fixed-income index, the Barclays U.S. Aggregate Bond Index (AGG), was down 4.1% as interest rates have risen. Global stocks (EFA) (last year's leaders) have declined 11.4% through November. From an asset-allocation standpoint, we continue to favor stocks over bonds and U.S. stocks over international. We have three strategic Asset Allocation models, based on risk-tolerance: Conservative, Moderate and Aggressive. Within these, we make tactical calls for asset classes. We are starting to shade a bit more toward cash/bonds and away from stocks, though our equity recommendations remain above the midpoint of target ranges. For Conservative accounts, we recommend a 35%-40% weighting in stocks (within a range of 10%-45%), 55%-60% in bonds and cash (range of 45%-65%), 3% in commodities (0%-5%) and 2% in real estate (0%-5%). We have tweaked our Portfolio Strategy to 60% Equity (down from 65%) and 10% cash (up from 5%).

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Argus Fundamental
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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

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Daily Spotlight

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55 -1 home 12/10/2018 6:51:37 PM

Daily Spotlight

Market Watch 2018-12-10T07:27:46.957

Shift in Asset Allocation

November was another volatile month. The S&P 500 Index (ETF symbol SPY) had steadied and was up 3.2% YTD through November; the primary fixed-income index, the Barclays U.S. Aggregate Bond Index (AGG), was down 4.1% as interest rates have risen. Global stocks (EFA) (last year's leaders) have declined 11.4% through November. From an asset-allocation standpoint, we continue to favor stocks over bonds and U.S. stocks over international. We have three strategic Asset Allocation models, based on risk-tolerance: Conservative, Moderate and Aggressive. Within these, we make tactical calls for asset classes. We are starting to shade a bit more toward cash/bonds and away from stocks, though our equity recommendations... remain above the midpoint of target ranges. For Conservative accounts, we recommend a 35%-40% weighting in stocks (within a range of 10%-45%), 55%-60% in bonds and cash (range of 45%-65%), 3% in commodities (0%-5%) and 2% in real estate (0%-5%). We have tweaked our Portfolio Strategy to 60% Equity (down from 65%) and 10% cash (up from 5%). more

Weekly Market Podcast

John Eade

11/26/2018

more | 4m 57s

Argus President John Eade discusses the market pullback and oil prices

2018 Investment Theme Podcast Series

In this series of podcasts, Argus President John Eade details 10 Argus Investment Themes for 2018. ... more

Introduction

3m 7s

Dividend Growth

2m 8s

Tax Cuts & The Domestic Economy

2m 40s

Confident Consumer

1m 28s

Rising Rates & Late-Cycle Stocks

2m 3s

Emerging Market Recovery & Commodities

3m 7s

Deep Learning & Artificial Intelligence

3m 39s

Med-Tech

1m 42s

The Millennials

1m 54s

Sustainable Impact Investing

2m 12s

Innovation

1m 40s

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Argus Fundamental
Universe Of Coverage

Detail View

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Symbol - Company

Report Date

Industry

Previous Close

MMM - 3M CO

10/24/2018

Industrials

$198.24

ABT - ABBOTT LABORATORIES

10/19/2018

Healthcare

$69.95

ABBV - ABBVIE INC

11/06/2018

Healthcare

$86.96

ANF - ABERCROMBIE & FITCH CO

11/30/2018

Consumer Discretionary

$18.76

ACN - ACCENTURE PLC

09/28/2018

Technology

$157.45

ATVI - ACTIVISION BLIZZARD INC

11/14/2018

Communication Services

$47.23

ADBE - ADOBE SYSTEMS INC

10/09/2018

Technology

$238.00

ADTN - ADTRAN INC

10/18/2018

Technology

$12.00

AAP - ADVANCE AUTO PARTS INC

11/15/2018

Consumer Discretionary

$167.59

AMD - ADVANCED MICRO DEVICES INC.

10/25/2018

Technology

$19.46

Analyst
Quick Notes

Weekly Stock List: Infrastructure Stocks (Part 2)

John Eade

12/10/2018

View quick note: Weekly Stock List: Infrastructure Stocks (Part 2) 12/10/2018

Weekly Stock List: Infrastructure Stocks (Part 1)

John Eade

12/3/2018

View quick note: Weekly Stock List: Infrastructure Stocks (Part 1) 12/3/2018

Technical & Strategic Indicators Support Market Recovery

Peter Canelo

12/3/2018

View quick note: Technical & Strategic Indicators Support Market Recovery 12/3/2018

Investment Strategy Outlook

Peter Canelo

11/26/2018

View quick note: Investment Strategy Outlook 11/26/2018

Weekly Stock List: Update on the Falling FAANGS

John Eade

11/26/2018

View quick note: Weekly Stock List: Update on the Falling FAANGS 11/26/2018

more...

News & Media

Conference Call Announcement
Thurs. 12/6/2018, 11am EST
Conference Call Announcement 12/5/2018 Argus will host a conference call - Argus Analysts’ Top Picks for 2019

Slides associated with the call are available here

Argus in the News 11/21/2018

Stephen Biggar discusses "How to Choose an ETF" with U.S. News & World Report USNews.com

Conference Call - Outlook for the Holiday Season 11/7/2018

Slides associated with the call are available here

Argus in the News 10/29/2018

John Eade discusses defense stocks TheStreet.com

Argus in the News 10/24/2018]

John Eade discusses Industrial earnings with Becky Quick of CNBC CNBC.com

John Staszak discusses McDonald’s (MCD) with Morning Trade Live TDAmeritradeNetwork.com

Argus in the News 10/15/2018

David Toung discusses Pharmaceutical Stocks with Morning Trade Live TDAmeritradeNetwork.com

Argus Updates Sponsored Research Coverage 10/11/2018
Argus Sponsored Research Reports Ashford, Inc. (NYSE: AINC)

Argus in the News 10/8/2018

Argus President John Eade discusses the outlook for the Transport sector CNBC.com

Conference Call - The Communication Services Sector 10/3/2018

Slides associated with the call are available here

Argus in the News 9/20/2018

Jim Kelleher: Is Apple Still a Buy? Forbes.com

Argus in the News 9/18/2018

Joe Bonner discusses Oracle with Morning Trade Live TDAmeritradeNetwork.com

Conference Call 9/5/2018

Slides associated with the call are available here

Argus in the News 8/23/2018

Stephen Biggar Discussion on Outlook for Financials with Morning Trade Live TDAmeritradeNetwork.com

Argus in the News 8/22/2018

Joseph Bonner discusses Media Companies with Morning Trade Live TDAmeritradeNetwork.com

Argus in the News 8/20/2018

Chris Graja discusses retailers setting up for Holiday sales on Morning Trade Live TDAmeritradeNetwork.com

Conference Call 8/1/2018

Slides associated with the call are available here

Argus in the News 7/31/2018

John Eade discusses trade winners/losers TheStreet.com

Argus in the News 7/23/2018

Argus President John Eade discusses early 2Q earnings season results with Scott Gamm theStreet.com

Argus Performance Review July 2018
Argus Performance Review, July 2018

Conference Call 7/11/2018

Slides associated with the call are available here

Argus Institutional Industry Report 06/27/2017
Argus Sponsored Research Reports Bio/Pharma Outsourced Services

New Min Vol Portfolio Released

Argus Research has released its latest Min Vol portfolio, which can be found under the Portfolio Strategy/Theme Portfolios tab on the Argus website. more

What is Min Vol? In simple terms, Min Vol is defined as an investing strategy seeking to deliver market-like exposure and returns with less-than-market risk. Min Vol is designed to provide asset protection in a steady-to-rising market. Investors really count on Min Vol to provide protection in a falling market, by capturing less of the downside while continuing to deliver above-market income.

Ideal inclusion candidates for a Min Vol portfolio often have some or all of the following characteristics:

An established and stable business model
Participation in steady or slow-growth industries
Market-level or above-market dividend yield

Argus has developed a sophisticated approach to Min Vol investing built around our proprietary quality and safety screens. These screens examine a range of factors, including multiple measures of financial strength, operating performance and margin trends, relative performance and valuation. Stocks selected for inclusion in the Argus Min Vol strategy exhibit high scores for the combined quality and safety index.

Using quality and safety as a screening criteria has the collateral benefit of reducing concerns about allocation risk. By identifying best-of-breed companies with low betas across every industry, the Argus Min Vol strategy is able to include companies in nine of 11 GICS sectors. Finally, by prioritizing quality and safety for all holdings, Argus Min Vol can salt in several higher-beta names to spice up growth while maintaining low-weighted beta for the asset as a whole (the portfolio). Each stock in the Min Vol portfolio has at least a five-year BUY rating.

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Market View

Geopolitical landscape keeps market trembling

Major indices continue to decline at mid-day Monday, taking the major indices to dangerously low levels of technical support to kick off the trading week. The smoking gun's continue to be escalated trade tension following the arrest of Huawei Techniques CFO, and British Parliament set to vote on the EU divorce deal Tuesday. ... more

At present, the S&P 500 is down 1.65%, the DJIA is down 1.90%, and the NASDAQ is down 1.04%.

Industries doing well today include Diversified Consumer Services and Semiconductors & Semiconductor Equipment. Industries showing weakness include Air Freight & Logistics, Energy Equipment & Services, and Oil, Gas & Consumable Fuels. The VIX is up 2.13 to 25.36 after the previous close of 23.23. The most heavily traded options this morning are for Ford Motor Company (F), with 49,808 Jan 18 8 puts on the board. The total put/call ratio as of 10:00 AM was 1.37 (437,280/320,071). The advancers/decliners ratio for NYSE stocks is 510/2,447 while the advancers/decliners ratio for NASDAQ stocks is 864/2,162.

Latest Research

Argus Fundamental
Universe Of Coverage

Daily Spotlight

Market Watch {date:this.formatDateShort}

{title}

Daily Spotlight

Market Watch 2018-12-10T07:27:46.957

Shift in Asset Allocation

Weekly Market Podcast

John Eade

11/26/2018

Argus President John Eade discusses the market pullback and oil prices

2018 Investment Theme Podcast Series

Argus Fundamental
Universe Of Coverage

Analyst
Quick Notes

News & Media

New Min Vol Portfolio Released

Market View

Geopolitical landscape keeps market trembling

Weekly Economic Commentary

Jim Kelleher, Director of Research

12/10/2018

Argus Analysts’ Top Picks for 2019

Latest Research

Argus FundamentalUniverse Of Coverage

Daily Spotlight

Market Watch {date:this.formatDateShort}

{title}

Daily Spotlight

Market Watch 2018-12-10T07:27:46.957

Shift in Asset Allocation

Weekly Market Podcast

John Eade

11/26/2018

Argus President John Eade discusses the market pullback and oil prices

2018 Investment Theme Podcast Series

Argus FundamentalUniverse Of Coverage

Analyst Quick Notes

News & Media

New Min Vol Portfolio Released

Market View

Geopolitical landscape keeps market trembling

Weekly Economic Commentary

Jim Kelleher, Director of Research

12/10/2018

Argus Analysts’ Top Picks for 2019

Argus Fundamental
Universe Of Coverage

Argus Fundamental
Universe Of Coverage

Analyst
Quick Notes