Analyst Ratings Published by Standpoint Research

6/5/19	Initiated	Buy	X
AAL American Airlines Standpoint Research
12/26/18	Initiated	Buy	X
ABBV AbbVie Standpoint Research
8/14/18	Downgrades	Buy Hold	X
BBBY Bed Bath & Beyond Standpoint Research
6/5/19	Upgrades	Hold Buy	X
BIIB Biogen Standpoint Research
12/26/18	Upgrades	Hold Buy	X
C Citigroup Standpoint Research
6/5/19	Upgrades	Hold Buy	X
CAT Caterpillar Standpoint Research
12/26/18	Upgrades	Sell Accumulate	X
CAT Caterpillar Standpoint Research
12/26/18	Initiated	Accumulate	X
CCL Carnival Standpoint Research
6/18/18	Upgrades	Hold Buy	X
CELG Celgene Standpoint Research
3/7/18	Upgrades	Hold Accumulate	X
CIB Bancolombia S.A. Standpoint Research
7/16/19	Downgrades	Buy Hold	X
CMI Cummins Standpoint Research
6/18/18	Upgrades	Hold Buy	X
CMI Cummins Standpoint Research
6/5/19	Upgrades	Hold Buy	X
CVS CVS Health Standpoint Research
2/27/18	Downgrades	Buy Hold	X
DIN Dine Brands Standpoint Research
5/21/18	Downgrades	Buy Hold	X
DSW DSW Standpoint Research
5/3/19	Downgrades	Buy Hold	X
ELP Paranaense de Energia Standpoint Research
12/26/18	Upgrades	Hold Buy	X
EMN Eastman Chemical Standpoint Research
7/25/19	Downgrades	Buy Hold	X
ESLT Elbit Systems Standpoint Research
8/14/18	Upgrades	Hold Buy	X
ESLT Elbit Systems Standpoint Research
10/12/18	Upgrades	Hold Buy	X
EXP Eagle Materials Standpoint Research
10/12/18	Upgrades	Hold Buy	X
FFIV F5 Networks Standpoint Research
6/18/18	Downgrades	Buy Hold	X
FFIV F5 Networks Standpoint Research
6/18/18	Upgrades	Hold Buy	X
FLEX Flex Standpoint Research
2/21/19	Downgrades	Buy Hold	X
GIS General Mills Standpoint Research
12/26/18	Initiated	Buy	X
GIS General Mills Standpoint Research
10/19/18	Upgrades	Hold Buy	X
GPS Gap Standpoint Research
$32
10/23/18	Initiated	Buy	X
HBI Hanesbrands Standpoint Research
12/26/18	Initiated	Buy	X
HPQ HP Standpoint Research
2/27/18	Upgrades	Hold Buy	X
JBL Jabil Standpoint Research
2/27/18	Upgrades	Hold Buy	X
JNPR Juniper Networks Standpoint Research
10/12/18	Upgrades	Hold Buy	X
KEY KeyCorp Standpoint Research
12/26/18	Initiated	Buy	X
KHC Kraft Heinz Standpoint Research
10/12/18	Upgrades	Hold Buy	X
LYB LyondellBasell Standpoint Research
5/21/18	Downgrades	Buy Hold	X
LYB LyondellBasell Standpoint Research
8/10/18	Downgrades	Buy Hold	X
M Macy’s Standpoint Research
7/31/18	Upgrades	Hold Buy	X
MOMO Momo Standpoint Research
6/18/18	Downgrades	Buy Hold	X
MOMO Momo Standpoint Research
6/5/19	Upgrades	Hold Buy	X
MOS Mosaic Standpoint Research
8/10/18	Downgrades	Buy Hold	X
MOS Mosaic Standpoint Research
12/26/18	Initiated	Accumulate	X
MPC Marathon Petroleum Standpoint Research
8/9/18	Downgrades	Buy Hold	X
NUAN Nuance Communications Standpoint Research
8/28/18	Initiated	Buy	X
OLN Olin Standpoint Research
$20
12/26/18	Upgrades	Hold Buy	X
ORCL Oracle Standpoint Research
7/20/18	Upgrades	Hold Buy	X
SKX Skechers USA Standpoint Research
10/12/18	Upgrades	Hold Buy	X
SPR Spirit Aerosystems Standpoint Research
2/27/18	Upgrades	Hold Buy	X
SWKS Skyworks Standpoint Research
10/23/18	Initiated	Buy	X
TAP Molson Coors Brewing Standpoint Research
7/24/18	Downgrades	Buy Hold	X
TDC Teradata Standpoint Research
12/26/18	Upgrades	Hold Buy	X
TGT Target Standpoint Research
5/9/19	Upgrades	Hold Buy	X
TPR Tapestry Standpoint Research
8/28/18	Upgrades	Hold Buy	X
TSEM Tower Semi Standpoint Research
10/23/18	Initiated	Buy	X
TSN Tyson Foods Standpoint Research
8/28/18	Upgrades	Hold Buy	X
UCTT Ultra Clean Holdings Standpoint Research
12/26/18	Initiated	Buy	X
UPS UPS Standpoint Research
10/23/18	Initiated	Buy	X
URI United Rentals Standpoint Research
10/12/18	Upgrades	Hold Buy	X
UTHR United Therapeutics Standpoint Research
7/25/19	Downgrades	Buy Hold	X
VIV Telefonica Brasil Standpoint Research
2/21/19	Downgrades	Buy Hold	X
VLO Valero Energy Standpoint Research
10/12/18	Upgrades	Hold Buy	X
VLO Valero Energy Standpoint Research
9/11/18	Upgrades	Reduce Buy	X
VOD Vodafone PLC Standpoint Research
10/12/18	Upgrades	Hold Buy	X
WCC Wesco Standpoint Research
1/31/18	Downgrades	Buy Hold	X
XRX Xerox Standpoint Research
7/16/19	Downgrades	Buy Hold	X
Z Zillow C Standpoint Research
11/26/18	Initiated	Buy	X
Z Zillow C Standpoint Research
$48