Upgrades Eq-Weight Overweight X

AAN The Aaron’s Company

Stephens

Initiated Equal-Weight X

ABCB Ameris Bancorp

Stephens

$41

Initiated Equal-Weight X

ABG Asbury Automotive

Stephens

$216

Downgrades Overweight Eq-Weight X

ABTX Allegiance Bancshares

Stephens

Upgrades Eq-Weight Overweight X

ACA Arcosa

Stephens

$96

Downgrades Overweight Eq-Weight X

ACA Arcosa

Stephens

$75 $65

Initiated Overweight X

ACCD Accolade

Stephens

$18

Downgrades Overweight Eq-Weight X

ACIW ACI Worldwide

Stephens

Initiated Overweight X

ACIW ACI Worldwide

Stephens

$31

Upgrades Eq-Weight Overweight X

ACIW ACI Worldwide

Stephens

$30 $38

Downgrades Overweight Eq-Weight X

ACIW ACI Worldwide

Stephens

Initiated Equal-Weight X

ACVA ACV Auctions

Stephens

$20.50

Upgrades Eq-Weight Overweight X

ADBE Adobe Systems

Stephens

$288 $327

Initiated Overweight X

ADCT ADC Therapeutics

Stephens

$6

Initiated Overweight X

ADEA Adeia Inc.

Stephens

$17

Resumed Equal-Weight X

ADM Archer-Daniels

Stephens

$55

Upgrades Underweight Eq-Weight X

ADS Alliance Data

Stephens

$160

Downgrades Overweight Eq-Weight X

ADS Alliance Data

Stephens

Upgrades Eq-Weight Overweight X

AER AerCap

Stephens

$58 $88

Downgrades Overweight Eq-Weight X

AER AerCap

Stephens

Downgrades Eq-Weight Underweight X

AFRM Affirm

Stephens

$51 $17

Reiterated Equal-Weight X

AFRM Affirm

Stephens

$72 $51

Upgrades Underweight Eq-Weight X

AFRM Affirm

Stephens

$72

Initiated Underweight X

AFRM Affirm

Stephens

$55

Initiated Overweight X

AGCO AGCO Corp

Stephens

Initiated Equal-Weight X

AIN Albany Intl

Stephens

Initiated Overweight X

AKYA Akoya Biosciences

Stephens

$16

Upgrades Eq-Weight Overweight X

ALC Alcon

Stephens

$86 $92

Downgrades Overweight Eq-Weight X

ALC Alcon

Stephens

$90 $86

Upgrades Eq-Weight Overweight X

ALGN Align Tech

Stephens

$600 $700

Initiated Equal-Weight X

ALHC Alignment Healthcare

Stephens

$9

Upgrades Eq-Weight Overweight X

ALKT Alkami Technology

Stephens

$40

Downgrades Overweight Eq-Weight X

ALKT Alkami Technology

Stephens

$22 $24

Initiated Overweight X

ALKT Alkami Technology

Stephens

$18

Downgrades Overweight Eq-Weight X

ALLY Ally Financial

Stephens

$67

Upgrades Underweight Eq-Weight X

ALLY Ally Financial

Stephens

Initiated Overweight X

AME Ametek

Stephens

$87

Upgrades Eq-Weight Overweight X

AMNB Am Natl Bankshares

Stephens

$36.50 $39.50

Upgrades Eq-Weight Overweight X

AMTB Amerant Bancorp

Stephens

Initiated Equal-Weight X

AMTB Mercantil Bank

Stephens

$25.50

Initiated Equal-Weight X

AMTB Mercantil Bank

Stephens

Downgrades Overweight Eq-Weight X

AN AutoNation

Stephens

$200 $192

Initiated Overweight X

AN AutoNation

Stephens

$210

Upgrades Eq-Weight Overweight X

ANDE Andersons

Stephens

$36 $48

Upgrades Eq-Weight Overweight X

ANDE Andersons

Stephens

Resumed Equal-Weight X

ANIK Anika Therapeutics

Stephens

$26

Downgrades Overweight Eq-Weight X

ANIK Anika Therapeutics

Stephens

$35

Initiated Overweight X

ANIK Anika Therapeutics

Stephens

$55

Reiterated Overweight X

ANTM Anthem

Stephens

$310 $350

Initiated Overweight X

ANTM Anthem

Stephens

$310

Initiated Equal-Weight X

AOS A.O. Smith

Stephens

$50

Upgrades Eq-Weight Overweight X

APPF AppFolio

Stephens

$184 $212

Upgrades Underweight Eq-Weight X

APPF AppFolio

Stephens

$105 $107

Initiated Underweight X

APPF AppFolio

Stephens

$115

Initiated Overweight X

APYX Apyx Medical

Stephens

$8

Upgrades Eq-Weight Overweight X

ARCB ArcBest

Stephens

$38 $60

Initiated Overweight X

ARVN Arvinas

Stephens

$55

Initiated Overweight X

ASUR Asure Software

Stephens

$13

Initiated Overweight X

ATLC Atlanticus

Stephens

$54

Initiated Overweight X

ATNM Actinum Pharma

Stephens

$25

Initiated Overweight X

ATVI Activision Blizzard

Stephens

$65

Initiated Overweight X

AUB Atlantic Union Bankshares

Stephens

$36

Downgrades Overweight Eq-Weight X

AVAH Aveanna

Stephens

$5.50 $3.50

Initiated Overweight X

AVLR Avalara

Stephens

Initiated Equal-Weight X

AXAS Abraxas Petroleum

Stephens

$3

Upgrades Underweight Eq-Weight X

AXP American Express

Stephens

$148 $193

Downgrades Eq-Weight Underweight X

AXP American Express

Stephens

$134

Reiterated Equal-Weight X

AXP American Express

Stephens

$190 $197

Upgrades Eq-Weight Overweight X

AXP American Express

Stephens

Upgrades Underweight Eq-Weight X

AYR Aircastle

Stephens

Reiterated Overweight X

AZO AutoZone

Stephens

$1850 $2210

Upgrades Eq-Weight Overweight X

AZO AutoZone

Stephens

Downgrades Overweight Eq-Weight X

AZTA Azenta

Stephens

$65 $60

Initiated Equal-Weight X

BANC Banc of California

Stephens

$19

Upgrades Eq-Weight Overweight X

BANR Banner

Stephens

Upgrades Eq-Weight Overweight X

BCPC Balchem

Stephens

Initiated Equal-Weight X

BCYC Bicycle Therapeutics

Stephens

$25

Upgrades Eq-Weight Overweight X

BECN Beacon Roofing Supply

Stephens

Upgrades Eq-Weight Overweight X

BFH Bread Financial

Stephens

$64

Downgrades Overweight Eq-Weight X

BFST Business First Bancshares

Stephens

$27

Upgrades Eq-Weight Overweight X

BG Bunge

Stephens

Initiated Equal-Weight X

BGS B&G Foods

Stephens

$27

Downgrades Overweight Eq-Weight X

BIOS Bioscrip

Stephens

Initiated Equal-Weight X

BJRI BJ Restaurants

Stephens

$27

Upgrades Eq-Weight Overweight X

BJRI BJ Restaurants

Stephens

$27 $46

Downgrades Overweight Eq-Weight X

BKI Black Knight

Stephens

$72 $75

Reiterated Overweight X

BKR Baker Hughes

Stephens

$30 $35

Downgrades Overweight Eq-Weight X

BLD TopBuild

Stephens

Downgrades Overweight Eq-Weight X

BLDR Builders Firstsource

Stephens

Downgrades Overweight Eq-Weight X

BLKB Blackbaud

Stephens

$86

Downgrades Overweight Eq-Weight X

BMCH BMC Stock Holdings

Stephens

Upgrades Eq-Weight Overweight X

BMRC Bank of Marin

Stephens

Initiated Equal-Weight X

BMRC Bank of Marin

Stephens

$40

Upgrades Eq-Weight Overweight X

BMTC Bryn Mawr Bank

Stephens

$40

Initiated Overweight X

BOH Bank of Hawaii

Stephens

$90

Downgrades Overweight Eq-Weight X

BOKF BOK Financial

Stephens

$87 $88

Initiated Overweight X

BOOM DMC Global

Stephens

$50

Initiated Overweight X

BPMC Blueprint Medicines

Stephens

$140

Downgrades Overweight Eq-Weight X

BRBR BellRing Brands

Stephens

$45 $47

Resumed Overweight X

BRBR BellRing Brands

Stephens

$30

Initiated Overweight X

BRBR BellRing Brands

Stephens

$30

Downgrades Overweight Eq-Weight X

BUSE First Busey Corp

Stephens

Downgrades Overweight Eq-Weight X

BUSE First Busey Corp

Stephens

$30 $29

Initiated Overweight X

BYND Beyond Meat

Stephens

$190

Initiated Equal-Weight X

CABO Cable ONE

Stephens

$1200

Downgrades Overweight Eq-Weight X

CAC Camden National Corp.

Stephens

$48

Initiated Overweight X

CAC Camden National Corp.

Stephens

$54

Initiated Equal-Weight X

CACC Credit Acceptance Corp.

Stephens

$452

Upgrades Underweight Eq-Weight X

CACC Credit Acceptance Corp.

Stephens

Downgrades Overweight Eq-Weight X

CADE Cadence Bancorp

Stephens

$23

Reiterated Overweight X

CAKE Cheesecake Factory

Stephens

$44 $50

Resumed Overweight X

CAKE Cheesecake Factory

Stephens

$44

Initiated Overweight X

CAKE Cheesecake Factory

Stephens

$38

Upgrades Eq-Weight Overweight X

CAKE Cheesecake Factory

Stephens

$53 $47

Upgrades Underweight Eq-Weight X

CAKE Cheesecake Factory

Stephens

$25 $36

Resumed Equal-Weight X

CALM Cal-Maine Foods

Stephens

$82

Downgrades Overweight Eq-Weight X

CALM Cal-Maine Foods

Stephens

$67 $60

Initiated Equal-Weight X

CALM Cal-Maine Foods

Stephens

Downgrades Overweight Eq-Weight X

CALM Cal-Maine Foods

Stephens

Downgrades Overweight Eq-Weight X

CARR Carrier Global

Stephens

$75 $85

Reiterated Overweight X

CARR Carrier Global

Stephens

$55 $65

Initiated Underweight X

CAT Caterpillar

Stephens

Upgrades Eq-Weight Overweight X

CATY Cathay Bancorp

Stephens

Initiated Equal-Weight X

CATY Cathay Bancorp

Stephens

$45

Upgrades Eq-Weight Overweight X

CBNK Capital Bancorp

Stephens

$25 $28

Resumed Equal-Weight X

CBNK Capital Bancorp

Stephens

$19

Upgrades Eq-Weight Overweight X

CBS CBS

Stephens

Downgrades Overweight Eq-Weight X

CBTX CBTX

Stephens

$29

Initiated Equal-Weight X

CBU Community Bank

Stephens

Initiated Overweight X

CCB Coastal Financial

Stephens

$36

Initiated Equal-Weight X

CCCC C4 Therapeutics

Stephens

$4

Initiated Equal-Weight X

CDEV Centennial Resource Development

Stephens

$23

Upgrades Eq-Weight Overweight X

CDNA CareDx

Stephens

$10

Downgrades Overweight Eq-Weight X

CDNA CareDx

Stephens

$19 $9

Initiated Overweight X

CDNA CareDx

Stephens

$50

Initiated Overweight X

CDXS Codexis

Stephens

$16

Initiated Overweight X

CELH Celsius

Stephens

$180

Downgrades Overweight Eq-Weight X

CERS Cerus

Stephens

$3.75

Initiated Overweight X

CERT Certara

Stephens

$28

Upgrades Eq-Weight Overweight X

CF CF Industries

Stephens

Upgrades Eq-Weight Overweight X

CFB CrossFirst Bankshares

Stephens

$16 $18

Upgrades Eq-Weight Overweight X

CGNX Cognex

Stephens

$45 $55

Downgrades Overweight Eq-Weight X

CGNX Cognex

Stephens

$80 $45

Initiated Equal-Weight X

CHCO City Holding Co

Stephens

$89

Initiated Equal-Weight X

CHK Chesapeake Energy

Stephens

$91

Downgrades Overweight Eq-Weight X

CHRW C.H. Robinson

Stephens

Resumed Overweight X

CHUY Chuy’s

Stephens

$40

Initiated Overweight X

CHUY Chuy’s

Stephens

$27

Downgrades Overweight Eq-Weight X

CHUY Chuy’s

Stephens

$44

Downgrades Overweight Eq-Weight X

CHUY Chuy’s

Stephens

Initiated Overweight X

CI CIGNA

Stephens

$251

Downgrades Overweight Eq-Weight X

CIT CIT Group

Stephens

Downgrades Overweight Eq-Weight X

CLGX CoreLogic

Stephens

Initiated Overweight X

CLR Continental Resources

Stephens

$88

Resumed Equal-Weight X

CMG Chipotle Mexican Grill

Stephens

$3010

Reiterated Overweight X

CMG Chipotle Mexican Grill

Stephens

$1970 $2000

Initiated Overweight X

CMG Chipotle Mexican Grill

Stephens

$1900

Upgrades Eq-Weight Overweight X

CMG Chipotle Mexican Grill

Stephens

$1600 $1700

Initiated Overweight X

CMP Compass Minerals

Stephens

Downgrades Overweight Eq-Weight X

CNC Centene

Stephens

$92 $85

Upgrades Eq-Weight Overweight X

CNC Centene

Stephens

$71 $87

Initiated Overweight X

CNC Centene

Stephens

$147

Initiated Equal-Weight X

CNHI CNH Industrial

Stephens

Upgrades Eq-Weight Overweight X

CNI Canadian Nat’l Rail

Stephens

Upgrades Eq-Weight Overweight X

CNOB ConnectOne Bancorp

Stephens

$27

Initiated Equal-Weight X

CNOB ConnectOne Bancorp

Stephens

Initiated Equal-Weight X

CNX CNX Resources

Stephens

$17

Downgrades Overweight Eq-Weight X

COCO The Vita Coco Company

Stephens

$36

Upgrades Eq-Weight Overweight X

COCO The Vita Coco Company

Stephens

$31

Initiated Equal-Weight X

COCO The Vita Coco Company

Stephens

$30

Downgrades Eq-Weight Underweight X

COF Capital One

Stephens

$79

Reiterated Equal-Weight X

COF Capital One

Stephens

$170 $210

Reiterated Equal-Weight X

COF Capital One

Stephens

$152 $170

Downgrades Overweight Eq-Weight X

COLB Columbia Banking

Stephens

$31 $24

Initiated Equal-Weight X

COLB Columbia Banking

Stephens

$39

Upgrades Eq-Weight Overweight X

COO Cooper

Stephens

$305

Upgrades Eq-Weight Overweight X

CORE Core-Mark

Stephens

Upgrades Eq-Weight Overweight X

CP Canadian Pacific Kansas City Ltd.

Stephens

$88

Initiated Overweight X

CPE Callon Petroleum

Stephens

$14

Upgrades Eq-Weight Overweight X

CPRT Copart

Stephens

$122 $140

Downgrades Overweight Eq-Weight X

CPRT Copart

Stephens

Upgrades Eq-Weight Overweight X

CPRT Copart

Stephens

Initiated Overweight X

CPRX Catalyst Pharma

Stephens

$35

Initiated Equal-Weight X

CPSI Computer Programs

Stephens

$30

Initiated Overweight X

CRC California Resources Corp

Stephens

$73

Initiated Overweight X

CRGY Crescent Energy Company

Stephens

$17

Initiated Overweight X

CRH CRH Plc.

Stephens

$95

Initiated Overweight X

CRL Charles River

Stephens

$377

Initiated Equal-Weight X

CRMT America’s Car-Mart

Stephens

$50

Downgrades Overweight Eq-Weight X

CRMT America’s Car-Mart

Stephens

Upgrades Eq-Weight Overweight X

CRMT America’s Car-Mart

Stephens

$70 $135

Downgrades Overweight Eq-Weight X

CRMT America’s Car-Mart

Stephens

$113 $83

Initiated Overweight X

CRWD CrowdStrike

Stephens

$232

Initiated Equal-Weight X

CRZO Carrizo Oil & Gas

Stephens

$15

Upgrades Eq-Weight Overweight X

CSFL Centerstate Banks of Florida

Stephens

Resumed Overweight X

CSGP CoStar Group

Stephens

$109

Upgrades Underweight Eq-Weight X

CSTR CapStar Financial

Stephens

Reiterated Overweight X

CSX CSX

Stephens

$34 $36

Reiterated Overweight X

CSX CSX

Stephens

$43 $41

Downgrades Overweight Eq-Weight X

CSX CSX

Stephens

$86 $79

Initiated Overweight X

CTKB Cytek Biosciences

Stephens

$9

Downgrades Overweight Eq-Weight X

CTLT Catalent

Stephens

Initiated Overweight X

CTRA Coterra Energy

Stephens

$32

Initiated Equal-Weight X

CUBI Customers Bancorp

Stephens

$62.50

Resumed Overweight X

CUTR Cutera

Stephens

$78

Initiated Overweight X

CUTR Cutera

Stephens

Initiated Equal-Weight X

CVBF CVB Financial

Stephens

$21

Downgrades Overweight Eq-Weight X

CVLG Covenant Logistics

Stephens

$30 $25

Initiated Overweight X

CVLY Codorus Valley Bancorp

Stephens

$22

Initiated Overweight X

CVNA Carvana

Stephens

$190

Reiterated Overweight X

CWH Camping World

Stephens

$26 $28

Upgrades Eq-Weight Overweight X

CXO Concho Resources

Stephens

Initiated Equal-Weight X

CXO Concho Resources

Stephens

$185

Initiated Overweight X

CYBR CyberArk

Stephens

$170

Downgrades Overweight Eq-Weight X

CYRX Cryoport

Stephens

$15

Downgrades Overweight Eq-Weight X

DAR Darling Ingredients

Stephens

$90 $75

Upgrades Eq-Weight Overweight X

DCOM Dime Community

Stephens

$39

Downgrades Overweight Eq-Weight X

DCOM Dime Community

Stephens

$36 $34.50

Upgrades Eq-Weight Overweight X

DCOM Dime Community

Stephens

$35 $38.50

Initiated Overweight X

DCTH Delcath

Stephens

$25

Initiated Equal-Weight X

DE Deere

Stephens

Upgrades Eq-Weight Overweight X

DENN Denny’s

Stephens

$19 $24

Upgrades Eq-Weight Overweight X

DENN Denny’s

Stephens

Downgrades Overweight Eq-Weight X

DENN Denny’s

Stephens

Upgrades Underweight Eq-Weight X

DFS Discover Financial Services

Stephens

Initiated Overweight X

DGII Digi Intl

Stephens

$36

Initiated Equal-Weight X

DH Definitive Healthcare

Stephens

$5

Initiated Overweight X

DHR Danaher

Stephens

$315

Upgrades Underweight Eq-Weight X

DKS Dick’s Sporting Goods

Stephens

$74 $95

Initiated Overweight X

DMTK DermTech

Stephens

$26

Reiterated Equal-Weight X

DNKN Dunkin Brands

Stephens

$54 $66

Upgrades Eq-Weight Overweight X

DNOW Now

Stephens

$12

Initiated Equal-Weight X

DNR Denbury Resources

Stephens

$4

Initiated Equal-Weight X

DOCS Doximity

Stephens

$55

Downgrades Overweight Eq-Weight X

DOOR Masonite International

Stephens

$130 $93

Initiated Equal-Weight X

DPZ Domino’s Pizza

Stephens

$368

Downgrades Eq-Weight Underweight X

DPZ Domino’s Pizza

Stephens

$500

Downgrades Overweight Eq-Weight X

DPZ Domino’s Pizza

Stephens

$440 $360

Resumed Equal-Weight X

DRI Darden Restaurants

Stephens

$170

Resumed Overweight X

DRI Darden Restaurants

Stephens

$140

Downgrades Overweight Eq-Weight X

DRI Darden Restaurants

Stephens

Upgrades Eq-Weight Overweight X

DRI Darden Restaurants

Stephens

Initiated Equal-Weight X

DSGX Descartes

Stephens

Initiated Overweight X

DV DoubleVerify

Stephens

$47

Initiated Overweight X

DVN Devon Energy

Stephens

$50

Initiated Overweight X

EA Electronic Arts

Stephens

$125

Upgrades Eq-Weight Overweight X

EAT Brinker

Stephens

$45

Downgrades Overweight Eq-Weight X

ECHO Echo Global Logistics

Stephens

Initiated Overweight X

EE Excelerate Energy

Stephens

$21

Initiated Overweight X

EE Excelerate Energy

Stephens

$36

Initiated Equal-Weight X

EEFT Euronet

Stephens

$95

Initiated Overweight X

EGHT 8×8

Stephens

Initiated Overweight X

ELEV Elevation Oncology

Stephens

$8

Downgrades Overweight Eq-Weight X

ELV Elevance Health

Stephens

$520 $440

Upgrades Eq-Weight Overweight X

ELY Callaway Golf

Stephens

$18 $21.50

Initiated Equal-Weight X

ELY Callaway Golf

Stephens

Downgrades Overweight Eq-Weight X

EMR Emerson

Stephens

$135 $120

Initiated Overweight X

EMR Emerson

Stephens

Initiated Overweight X

ENOV Enovis Corporation

Stephens

$72

Initiated Overweight X

ENPH Enphase Energy

Stephens

$280

Initiated Overweight X

ENPH Enphase Energy

Stephens

$215

Initiated Overweight X

ENVA Enova International

Stephens

$108

Downgrades Overweight Eq-Weight X

ENVA Enova International

Stephens

$32 $44

Upgrades Eq-Weight Overweight X

EQBK Equity Bancshares

Stephens

$46

Downgrades Overweight Eq-Weight X

EQBK Equity Bancshares

Stephens

$30

Upgrades Eq-Weight Overweight X

EQBK Equity Bancshares

Stephens

Initiated Equal-Weight X

EQT EQT Corp.

Stephens

$36

Initiated Equal-Weight X

ESE Esco Tech

Stephens

Resumed Overweight X

ESTA Establishment Labs

Stephens

$90

Initiated Overweight X

ESTA Establishment Labs

Stephens

$37

Initiated Overweight X

ESTE Earthstone Energy

Stephens

$18

Initiated Equal-Weight X

ESTE Earthstone Energy

Stephens

$15

Initiated Overweight X

ESTE Earthstone Energy

Stephens

$11

Downgrades Overweight Eq-Weight X

ESXB Community Bankers Trust

Stephens

$8

Upgrades Eq-Weight Overweight X

ETE Energy Transfer Equity

Stephens

Initiated Overweight X

ETN Eaton

Stephens

Downgrades Overweight Eq-Weight X

EVBG Everbridge

Stephens

$41 $34

Resumed Overweight X

EVBG Everbridge

Stephens

$165

Initiated Overweight X

EVBG Everbridge

Stephens

Downgrades Overweight Eq-Weight X

EVH Evolent Health

Stephens

$38 $16

Initiated Overweight X

EVH Evolent Health

Stephens

$40

Downgrades Overweight Eq-Weight X

EWBC East West Banc

Stephens

Initiated Overweight X

EWBC East West Banc

Stephens

$79

Initiated Equal-Weight X

EZPW EZCORP

Stephens

$13

Upgrades Eq-Weight Overweight X

FAF First American Financial

Stephens

$65 $72

Initiated Overweight X

FANG Diamondback Energy

Stephens

$177

Downgrades Overweight Eq-Weight X

FAST Fastenal

Stephens

$60

Downgrades Overweight Eq-Weight X

FATE Fate Therapeutics

Stephens

Upgrades Eq-Weight Overweight X

FBK FB Financial

Stephens

$39 $45

Downgrades Overweight Eq-Weight X

FBK FB Financial

Stephens

$46 $42

Upgrades Eq-Weight Overweight X

FBK FB Financial

Stephens

$42

Downgrades Overweight Eq-Weight X

FBK FB Financial

Stephens

Downgrades Overweight Eq-Weight X

FBMS First Bancshares

Stephens

$34

Upgrades Eq-Weight Overweight X

FCF First Commonwealth

Stephens

$14

Downgrades Overweight Eq-Weight X

FCF First Commonwealth

Stephens

$15.50

Initiated Overweight X

FCF First Commonwealth

Stephens

$16.50

Initiated Overweight X

FCFS FirstCash

Stephens

$137

Upgrades Eq-Weight Overweight X

FCFS FirstCash

Stephens

Reiterated Overweight X

FDX FedEx

Stephens

$330 $345

Upgrades Eq-Weight Overweight X

FFBC First Financial Bancorp

Stephens

Downgrades Overweight Eq-Weight X

FFWM First Foundation

Stephens

Initiated Overweight X

FFWM First Foundation

Stephens

$32

Initiated Equal-Weight X

FG F&G Annuities & Life

Stephens

$22

Initiated Equal-Weight X

FHB First Hawaiian

Stephens

$30

Resumed Overweight X

FHN First Horizon

Stephens

$19

Upgrades Eq-Weight Overweight X

FIBK First Interstate Bancsystem

Stephens

$44 $43

Downgrades Overweight Eq-Weight X

FIBK First Interstate Bancsystem

Stephens

Resumed Overweight X

FIBK First Interstate Bancsystem

Stephens

$50

Upgrades Eq-Weight Overweight X

FIS Fidelity Nat’l Info

Stephens

$70 $75

Initiated Equal-Weight X

FISI Financial Inst.

Stephens

$20

Downgrades Overweight Eq-Weight X

FITB Fifth Third

Stephens

$41

Upgrades Eq-Weight Overweight X

FITB Fifth Third

Stephens

Initiated Equal-Weight X

FIVN Five9

Stephens

Initiated Overweight X

FLMN Falcon Minerals

Stephens

Resumed Equal-Weight X

FLO Flowers Foods

Stephens

$25

Initiated Equal-Weight X

FLO Flowers Foods

Stephens

$25

Downgrades Overweight Eq-Weight X

FLYW Flywire

Stephens

$26 $15

Initiated Overweight X

FLYW Flywire

Stephens

$24

Downgrades Overweight Eq-Weight X

FMBH First Mid-Illinois Bancshares

Stephens

Downgrades Overweight Eq-Weight X

FMBI First Midwest Banc

Stephens

$19

Downgrades Overweight Eq-Weight X

FMBI First Midwest Banc

Stephens

Upgrades Eq-Weight Overweight X

FMC FMC Corp

Stephens

Initiated Overweight X

FNA Paragon 28

Stephens

$23

Initiated Overweight X

FNB F.N.B. Corp

Stephens

$15

Initiated Equal-Weight X

FND Floor & Decor

Stephens

$56

Upgrades Eq-Weight Overweight X

FOUR Shift4 Payments

Stephens

$80

Initiated Equal-Weight X

FOUR Shift4 Payments

Stephens

$80

Upgrades Eq-Weight Overweight X

FRC First Republic Bank

Stephens

Initiated Overweight X

FRGI Fiesta Restaurant

Stephens

$17

Upgrades Eq-Weight Overweight X

FRGI Fiesta Restaurant

Stephens

Downgrades Overweight Eq-Weight X

FRME First Merchants

Stephens

$45 $38

Upgrades Eq-Weight Overweight X

FRME First Merchants

Stephens

$44

Downgrades Overweight Eq-Weight X

FRME First Merchants

Stephens

Resumed Overweight X

FRPT Freshpet

Stephens

$192

Initiated Overweight X

FRPT Freshpet

Stephens

$180

Initiated Overweight X

FRST Primis Financial

Stephens

$13

Upgrades Eq-Weight Overweight X

FSB Franklin Financial Network

Stephens

$34

Initiated Overweight X

FSBC Five Star Bancorp

Stephens

$29

Initiated Overweight X

FSCT ForeScout Technologies

Stephens

Initiated Overweight X

FSLR First Solar

Stephens

$102

Initiated Overweight X

FTHM Fathom Holdings

Stephens

$14

Initiated Equal-Weight X

FUBO fuboTV

Stephens

$6

Upgrades Eq-Weight Overweight X

FULT Fulton Fincl

Stephens

Downgrades Overweight Eq-Weight X

FULT Fulton Fincl

Stephens

$14 $16

Upgrades Eq-Weight Overweight X

FULT Fulton Fincl

Stephens

$20.50

Upgrades Eq-Weight Overweight X

FWRD Forward Air

Stephens

$115 $165

Downgrades Overweight Eq-Weight X

FWRD Forward Air

Stephens

Initiated Overweight X

FWRG First Watch Restaurant Group

Stephens

$20

Initiated Overweight X

GABC German American Bancorp

Stephens

$45

Upgrades Eq-Weight Overweight X

GBCI Glacier Bancorp

Stephens

Upgrades Eq-Weight Overweight X

GBX Greenbrier

Stephens

$41 $56

Initiated Overweight X

GDRX GoodRx

Stephens

$45

Initiated Overweight X

GH Guardant Health

Stephens

$99

Resumed Overweight X

GKOS Glaukos

Stephens

$69

Upgrades Eq-Weight Overweight X

GKOS Glaukos

Stephens

$68

Downgrades Overweight Eq-Weight X

GKOS Glaukos

Stephens

$70

Initiated Overweight X

GLUU Glu Mobile

Stephens

$10.50

Reiterated Overweight X

GNRC Generac

Stephens

$260 $330

Upgrades Eq-Weight Overweight X

GNTY Guaranty Bancshares

Stephens

Initiated Equal-Weight X

GOLF Acushnet

Stephens

Initiated Overweight X

GPC Genuine Parts

Stephens

Initiated Equal-Weight X

GPI Group 1 Auto

Stephens

$394

Upgrades Eq-Weight Overweight X

GPI Group 1 Auto

Stephens

Downgrades Overweight Eq-Weight X

GPN Global Payments

Stephens

$120

Downgrades Overweight Eq-Weight X

GPRE Green Plains

Stephens

$40 $37

Upgrades Eq-Weight Overweight X

GPRE Green Plains

Stephens

$30 $39

Downgrades Overweight Eq-Weight X

GPRE Green Plains

Stephens

Downgrades Overweight Eq-Weight X

GWR Genesee & Wyoming

Stephens

Upgrades Eq-Weight Overweight X

GWW Grainger

Stephens

$1000 $1250

Initiated Overweight X

HAIN Hain Celestial

Stephens

$17

Downgrades Overweight Eq-Weight X

HAL Halliburton

Stephens

$37 $40

Upgrades Eq-Weight Overweight X

HAL Halliburton

Stephens

$14 $25

Initiated Overweight X

HAL Halliburton

Stephens

Downgrades Overweight Eq-Weight X

HBAN Huntington Banc

Stephens

$15 $16

Upgrades Eq-Weight Overweight X

HBAN Huntington Banc

Stephens

$16 $17

Upgrades Eq-Weight Overweight X

HBMD Howard Bank

Stephens

$17.50 $19.50

Downgrades Overweight Eq-Weight X

HBMD Howard Bank

Stephens

$15

Initiated Overweight X

HCA HCA

Stephens

$143

Initiated Equal-Weight X

HCAT Health Catalyst

Stephens

$13

Downgrades Overweight Eq-Weight X

HCLP Hi-Crush Partners

Stephens

Initiated Overweight X

HCLP Hi-Crush Partners

Stephens

Downgrades Overweight Eq-Weight X

HES Hess

Stephens

Initiated Overweight X

HES Hess

Stephens

$75

Resumed Equal-Weight X

HFWA Heritage Financial Corp.

Stephens

$28

Initiated Equal-Weight X

HFWA Heritage Financial Corp.

Stephens

Downgrades Overweight Eq-Weight X

HNVR Hanover Bancorp

Stephens

Initiated Overweight X

HNVR Hanover Bancorp

Stephens

$25.50

Initiated Overweight X

HOLX Hologic

Stephens

$87

Upgrades Eq-Weight Overweight X

HP Helmerich & Payne

Stephens

Initiated Overweight X

HQY HealthEquity

Stephens

$100

Resumed Equal-Weight X

HRL Hormel Foods

Stephens

$31

Initiated Equal-Weight X

HRL Hormel Foods

Stephens

Downgrades Overweight Eq-Weight X

HRL Hormel Foods

Stephens

Upgrades Eq-Weight Overweight X

HTBK Heritage Commerce Corp.

Stephens

Downgrades Overweight Eq-Weight X

HTBK Heritage Commerce Corp.

Stephens

$10

Initiated Overweight X

HTBK Heritage Commerce Corp.

Stephens

$13.50

Downgrades Overweight Eq-Weight X

HTH Hilltop Holdings

Stephens

$37

Downgrades Overweight Eq-Weight X

HTH Hilltop Holdings

Stephens

Upgrades Eq-Weight Overweight X

HTLF Heartland Financial

Stephens

$55 $60

Initiated Equal-Weight X

HTLF Heartland Financial

Stephens

Initiated Overweight X

HUBB Hubbell

Stephens

$140

Downgrades Overweight Eq-Weight X

HUBG Hub Group

Stephens

$97 $93

Reiterated Overweight X

HUBG Hub Group

Stephens

$95 $97

Downgrades Overweight Eq-Weight X

HUM Humana

Stephens

$400 $250

Initiated Overweight X

HUM Humana

Stephens

$336

Upgrades Eq-Weight Overweight X

HWC Hancock Whitney

Stephens

Downgrades Overweight Eq-Weight X

HWC Hancock Whitney

Stephens

$42

Upgrades Eq-Weight Overweight X

HWC Hancock Whitney

Stephens

Initiated Overweight X

IAA IAA

Stephens

Upgrades Eq-Weight Overweight X

IBKC IberiaBank

Stephens

Downgrades Overweight Eq-Weight X

IBP Installed Building Products

Stephens

Upgrades Eq-Weight Overweight X

ICBK County Bancorp

Stephens

$26

Initiated Overweight X

ICL Israel Chemicals

Stephens

Initiated Overweight X

IDYA IDEAYA Biosciences

Stephens

$51

Initiated Overweight X

IIIV i3 Verticals

Stephens

$30

Initiated Overweight X

ILMN Illumina

Stephens

$170

Upgrades Eq-Weight Overweight X

INGR Ingredion

Stephens

$100 $120

Downgrades Overweight Eq-Weight X

INGR Ingredion

Stephens

$100

Downgrades Overweight Eq-Weight X

INGR Ingredion

Stephens

Initiated Overweight X

INO Inovio Pharma

Stephens

$20

Initiated Overweight X

INR Infinity Natural Resources

Stephens

$30

Upgrades Eq-Weight Overweight X

IP Int’l Paper

Stephens

$58 $80

Downgrades Overweight Eq-Weight X

IP Int’l Paper

Stephens

Upgrades Eq-Weight Overweight X

IP Int’l Paper

Stephens

Upgrades Eq-Weight Overweight X

IPI Intrepid Potash

Stephens

Initiated Overweight X

IQV IQVIA

Stephens

$250

Upgrades Eq-Weight Overweight X

IQV IQVIA

Stephens

$180 $250

Initiated Overweight X

IR Ingersoll-Rand

Stephens

Downgrades Overweight Eq-Weight X

ISBC Investors Bancorp

Stephens

$15.50

Downgrades Overweight Eq-Weight X

ITRI Itron

Stephens

$65 $55

Initiated Equal-Weight X

ITRI Itron

Stephens

Initiated Equal-Weight X

JKHY Jack Henry

Stephens

$165

Upgrades Eq-Weight Overweight X

KAR OPENLANE

Stephens

$20 $26

Initiated Equal-Weight X

KAR OPENLANE

Stephens

$20

Downgrades Overweight Eq-Weight X

KAR KAR Auction Services

Stephens

$23 $16

Upgrades Eq-Weight Overweight X

KEX Kirby

Stephens

$93 $96

Initiated Equal-Weight X

KMX CarMax

Stephens

$86

Downgrades Overweight Eq-Weight X

KMX CarMax

Stephens

$105 $64

Upgrades Eq-Weight Overweight X

KMX CarMax

Stephens

$83 $93

Initiated Overweight X

KNBE KnowBe4

Stephens

$25

Initiated Overweight X

KNF Knife River Corp.

Stephens

$85

Initiated Equal-Weight X

KPLT Katapult Group

Stephens

$9

Initiated Overweight X

KRP Kimbell Royalty Partners

Stephens

$22

Initiated Overweight X

KRP Kimbell Royalty Partners

Stephens

Initiated Overweight X

KRUS Kura Sushi

Stephens

$85

Initiated Overweight X

KYMR Kymera Therapeutics

Stephens

$65

Initiated Overweight X

LAD Lithia Motors

Stephens

$360

Upgrades Eq-Weight Overweight X

LAD Lithia Motors

Stephens

Downgrades Overweight Eq-Weight X

LAD Lithia Motors

Stephens

Downgrades Overweight Eq-Weight X

LANC Lancaster Colony

Stephens

$205 $218

Downgrades Overweight Eq-Weight X

LFCR Lifecore Biomedical

Stephens

$11 $2

Resumed Overweight X

LGND Ligand Pharma

Stephens

$200

Upgrades Eq-Weight Overweight X

LII Lennox Int’l

Stephens

$415 $550

Initiated Equal-Weight X

LII Lennox Int’l

Stephens

Upgrades Eq-Weight Overweight X

LION Fidelity Southern

Stephens

Initiated Overweight X

LIQT LiqTech International

Stephens

Initiated Equal-Weight X

LLEX Lilis Energy

Stephens

$2

Upgrades Eq-Weight Overweight X

LMNR Limoneira

Stephens

$17 $20

Downgrades Overweight Eq-Weight X

LMNR Limoneira

Stephens

$25 $18

Initiated Overweight X

LMNR Limoneira

Stephens

$30

Initiated Overweight X

LNDC Landec

Stephens

$13

Downgrades Overweight Eq-Weight X

LNKB LINKBANCORP

Stephens

$8.50

Initiated Overweight X

LOGM LogMeIn

Stephens

Downgrades Overweight Eq-Weight X

LPRO Open Lending

Stephens

$22 $13

Upgrades Underweight Eq-Weight X

LPX Louisiana-Pacific

Stephens

Upgrades Eq-Weight Overweight X

LPX Louisiana-Pacific

Stephens

Downgrades Overweight Eq-Weight X

LSTR Landstar System

Stephens

Upgrades Eq-Weight Overweight X

LTXB LegacyTexas Group

Stephens

Initiated Overweight X

MASS 908 Devices

Stephens

$14

Downgrades Overweight Eq-Weight X

MATX Matson

Stephens

$70

Upgrades Eq-Weight Overweight X

MATX Matson

Stephens

$40 $44

Initiated Overweight X

MCD McDonald’s

Stephens

$280

Upgrades Eq-Weight Overweight X

MCD McDonald’s

Stephens

$180 $200

Downgrades Overweight Eq-Weight X

MCD McDonald’s

Stephens

Initiated Overweight X

MCF Contango Oil & Gas

Stephens

$5

Initiated Equal-Weight X

MCW Mister Car Wash

Stephens

$8

Initiated Overweight X

MDLA Medallia

Stephens

Initiated Equal-Weight X

MDRX Veradigm

Stephens

$13

Downgrades Overweight Eq-Weight X

MGLN Magellan Health

Stephens

Initiated Equal-Weight X

MGLN Magellan Health

Stephens

$68

Initiated Overweight X

MIME Mimecast

Stephens

$57

Upgrades Eq-Weight Overweight X

MLM Martin Marietta

Stephens

Upgrades Eq-Weight Overweight X

MLM Martin Marietta

Stephens

Initiated Overweight X

MNR Mach Natural Resources

Stephens

$24

Initiated Equal-Weight X

MNRO Monro Muffler

Stephens

$31

Downgrades Overweight Eq-Weight X

MNSB MainStreet Bancshares

Stephens

$24

Downgrades Overweight Eq-Weight X

MODG Topgolf Callaway Brands

Stephens

$13

Initiated Overweight X

MODV ModivCare

Stephens

$145

Initiated Equal-Weight X

MOH Molina Healthcare

Stephens

$144

Initiated Overweight X

MOS Mosaic

Stephens

Initiated Overweight X

MPB Mid Penn Bancorp

Stephens

$30

Downgrades Overweight Eq-Weight X

MRTN Marten Transport

Stephens

Downgrades Overweight Eq-Weight X

MSBI Midland States Bancorp

Stephens

$30 $28

Upgrades Eq-Weight Overweight X

MSBI Midland States Bancorp

Stephens

$28

Downgrades Overweight Eq-Weight X

MSM MSC Industrial

Stephens

$85

Downgrades Overweight Eq-Weight X

MSM MSC Industrial

Stephens

Initiated Overweight X

MTDR Matador Resources

Stephens

$83

Upgrades Eq-Weight Overweight X

MTDR Matador Resources

Stephens

$22 $24

Initiated Equal-Weight X

MTDR Matador Resources

Stephens

$29

Initiated Equal-Weight X

MUR Murphy Oil

Stephens

$38

Initiated Equal-Weight X

MYGN Myriad Genetics

Stephens

$22

Downgrades Eq-Weight Underweight X

NAVI Navient

Stephens

$16

Downgrades Overweight Eq-Weight X

NAVI Navient

Stephens

$22

Initiated Overweight X

NBL Noble Energy

Stephens

$40

Upgrades Eq-Weight Overweight X

NBTB NBT Bancorp

Stephens

$53

Downgrades Overweight Eq-Weight X

NBTB NBT Bancorp

Stephens

$42 $49

Upgrades Eq-Weight Overweight X

NCBS Nicolet Bankshares

Stephens

$88

Downgrades Overweight Eq-Weight X

NCNO nCino

Stephens

$34

Initiated Overweight X

NCNO nCino

Stephens

$80

Initiated Overweight X

NCR NCR Corp

Stephens

$55

Downgrades Overweight Eq-Weight X

NDLS Noodles & Co

Stephens

$7 $5

Initiated Overweight X

NDLS Noodles & Co

Stephens

$7

Initiated Overweight X

NDLS Noodles & Co

Stephens

$18

Upgrades Eq-Weight Overweight X

NEO NeoGenomics

Stephens

$18

Downgrades Overweight Eq-Weight X

NEO NeoGenomics

Stephens

$34 $16

Resumed Overweight X

NEO NeoGenomics

Stephens

$40

Downgrades Overweight Eq-Weight X

NIC Nicolet Bankshares

Stephens

$81

Downgrades Overweight Eq-Weight X

NIC Nicolet Bankshares

Stephens

$84

Initiated Overweight X

NOVA Sunnova Energy

Stephens

$56

Initiated Overweight X

NOV Natl Oilwell Varco

Stephens

$35

Downgrades Overweight Eq-Weight X

NSC Norfolk Southern

Stephens

$325 $310

Initiated Overweight X

NTRA Natera

Stephens

$54

Initiated Overweight X

NXGN NextGen Healthcare

Stephens

$24

Upgrades Underweight Eq-Weight X

NYCB New York Community

Stephens

$8.50

Downgrades Eq-Weight Underweight X

NYCB New York Community

Stephens

$12 $9

Initiated Equal-Weight X

OAS Oasis Petroleum

Stephens

$11

Initiated Overweight X

OBNK Origin Bancorp

Stephens

$43

Downgrades Overweight Eq-Weight X

OCFC OceanFirst Finl

Stephens

$24

Downgrades Overweight Eq-Weight X

OCX OncoCyte

Stephens

Initiated Overweight X

OCX OncoCyte

Stephens

$3.10

Reiterated Overweight X

ODFL Old Dominion

Stephens

$340 $425

Downgrades Overweight Eq-Weight X

OKTA Okta

Stephens

$145 $80

Initiated Overweight X

OKTA Okta

Stephens

$145

Reiterated Overweight X

OLLI Ollie’s Bargain Outlet

Stephens

$79 $100

Initiated Overweight X

OMF OneMain Holdings

Stephens

$62

Upgrades Eq-Weight Overweight X

ONB Old National Bancorp

Stephens

$19

Initiated Equal-Weight X

ONDK On Deck Capital

Stephens

Initiated Equal-Weight X

OPRX OptimizeRx

Stephens

$5.50

Initiated Overweight X

OSBC Old Second Bancorp Inc.

Stephens

$18

Downgrades Overweight Eq-Weight X

OSUR OraSure

Stephens

Initiated Overweight X

OXY Occidental Petro

Stephens

$72

Initiated Overweight X

PACB Pacific Biosciences

Stephens

$11

Downgrades Overweight Eq-Weight X

PACB Pacific Biosciences

Stephens

$4.50 $8

Upgrades Eq-Weight Overweight X

PACW PacWest Bancorp

Stephens

Initiated Equal-Weight X

PAG Penske Auto

Stephens

$161

Downgrades Overweight Eq-Weight X

PAG Penske Auto

Stephens

$156 $185

Upgrades Eq-Weight Overweight X

PAR PAR Technology

Stephens

$46 $60

Initiated Overweight X

PDCE PDC Energy

Stephens

$72

Upgrades Eq-Weight Overweight X

PE Parsley Energy

Stephens

Initiated Equal-Weight X

PE Parsley Energy

Stephens

$31

Initiated Equal-Weight X

PEBO Peoples Bancorp

Stephens

$33

Downgrades Overweight Eq-Weight X

PFBC Preferred Bank

Stephens

Upgrades Eq-Weight Overweight X

PFBC Preferred Bank

Stephens

$74 $79

Downgrades Overweight Eq-Weight X

PFBC Preferred Bank

Stephens

Initiated Overweight X

PFGC Performance Food Group

Stephens

$60

Upgrades Eq-Weight Overweight X

PFHD Professional Holding Corp

Stephens

$17.50 $18.50

Upgrades Eq-Weight Overweight X

PFIS Peoples Financial Services

Stephens

Downgrades Overweight Eq-Weight X

PFIS Peoples Financial Services

Stephens

$56

Initiated Overweight X

PFIS Peoples Financial Services

Stephens

$57

Initiated Overweight X

PFPT Proofpoint

Stephens

$165

Initiated Overweight X

PHR Phreesia

Stephens

$37

Initiated Overweight X

PING Ping Identity

Stephens

$40

Downgrades Overweight Eq-Weight X

PKG Packaging Corp

Stephens

$100

Initiated Overweight X

PLBC Plumas Bancorp

Stephens

$60

Initiated Overweight X

PLSE Pulse Biosciences

Stephens

$28

Downgrades Overweight Eq-Weight X

PNFP Pinnacle Finl

Stephens

$62

Upgrades Eq-Weight Overweight X

PNFP Pinnacle Finl

Stephens

Upgrades Eq-Weight Overweight X

PNTG Pennant Group

Stephens

$14 $18

Downgrades Overweight Eq-Weight X

PNTG Pennant Group

Stephens

$23 $17

Upgrades Eq-Weight Overweight X

POOL Pool

Stephens

$415 $420

Downgrades Overweight Eq-Weight X

PPBI Pacific Premier

Stephens

$50 $45

Resumed Equal-Weight X

PPC Pilgrim’s Pride

Stephens

$43

Upgrades Eq-Weight Overweight X

PPC Pilgrim’s Pride

Stephens

$20 $25

Initiated Overweight X

PPC Pilgrim’s Pride

Stephens

Initiated Overweight X

PRCH Porch Group

Stephens

$27

Initiated Overweight X

PRG PROG Holdings

Stephens

$60

Upgrades Eq-Weight Overweight X

PRG PROG Holdings

Stephens

Downgrades Overweight Eq-Weight X

PROG Progenity

Stephens

$59 $57

Initiated Overweight X

PRVA Privia Health

Stephens

$33

Downgrades Overweight Eq-Weight X

PTLO Portillo’s

Stephens

$13

Resumed Overweight X

PTLO Portillo’s

Stephens

$20

Initiated Overweight X

PTLO Portillo’s

Stephens

$20

Downgrades Overweight Eq-Weight X

PVBC Provident Bancorp

Stephens

$18 $12

Initiated Overweight X

PVBC Provident Bancorp

Stephens

$20

Initiated Overweight X

PX P10, Inc.

Stephens

$17

Initiated Overweight X

PXD Pioneer Natural Resources

Stephens

$270

Initiated Overweight X

PYCR Paycor

Stephens

$18

Resumed Overweight X

PZZA Papa John’s

Stephens

$75

Initiated Overweight X

PZZA Papa John’s

Stephens

$100

Initiated Equal-Weight X

QEP QEP Resources

Stephens

$12

Initiated Overweight X

QES Quintana Energy Services

Stephens

$14

Initiated Equal-Weight X

QLYS Qualys

Stephens

$145

Reiterated Equal-Weight X

QSR Restaurant Brands Int’l

Stephens

$61 $63

Initiated Equal-Weight X

QSR Restaurant Brands Int’l

Stephens

$61

Reiterated Equal-Weight X

QSR Restaurant Brands Int’l

Stephens

$74 $65

Upgrades Eq-Weight Overweight X

QSR Restaurant Brands Int’l

Stephens

$55 $73

Upgrades Eq-Weight Overweight X

QTWO Q2 Holdings

Stephens

$36 $46

Downgrades Overweight Eq-Weight X

QTWO Q2 Holdings

Stephens

$65 $50

Initiated Overweight X

QTWO Q2 Holdings

Stephens

$100

Downgrades Overweight Eq-Weight X

QTWO Q2 Holdings

Stephens

$76 $73

Upgrades Eq-Weight Overweight X

QTWO Q2 Holdings

Stephens

Initiated Equal-Weight X

QTWO Q2 Holdings

Stephens

$70

Resumed Overweight X

RBNC Reliant Bancorp

Stephens

$29

Downgrades Overweight Eq-Weight X

RCII Rent-A-Center

Stephens

$42

Upgrades Underweight Eq-Weight X

RCII Rent-A-Center

Stephens

Downgrades Eq-Weight Underweight X

RCII Rent-A-Center

Stephens

Upgrades Underweight Eq-Weight X

RCII Rent-A-Center

Stephens

Downgrades Overweight Eq-Weight X

RCM R1 RCM

Stephens

Initiated Overweight X

RCM R1 RCM

Stephens

$18

Upgrades Eq-Weight Overweight X

RDFN Redfin

Stephens

$8 $9

Upgrades Eq-Weight Overweight X

RDFN Redfin

Stephens

$71

Upgrades Underweight Overweight X

RDFN Redfin

Stephens

$18 $23

Upgrades Eq-Weight Overweight X

RF Regions Fincl

Stephens

$26

Upgrades Eq-Weight Overweight X

RF Regions Fincl

Stephens

Downgrades Overweight Eq-Weight X

RLGY Realogy

Stephens

$16 $8

Initiated Overweight X

RM Regional Mgmt

Stephens

$38

Downgrades Overweight Eq-Weight X

RMAX RE/MAX Holdings

Stephens

$28 $21

Initiated Equal-Weight X

RNG RingCentral

Stephens

Upgrades Eq-Weight Overweight X

RNST Renasant

Stephens

$34 $41

Upgrades Eq-Weight Overweight X

ROK Rockwell Automation

Stephens

$275 $350

Initiated Overweight X

ROK Rockwell Automation

Stephens

Upgrades Eq-Weight Overweight X

ROKU Roku

Stephens

$84 $120

Downgrades Overweight Eq-Weight X

ROKU Roku

Stephens

Initiated Overweight X

ROKU Roku

Stephens

$84

Initiated Overweight X

ROP Roper

Stephens

Initiated Overweight X

RPAY Repay Holdings

Stephens

$9

Initiated Overweight X

RRC Range Resources

Stephens

$34

Initiated Equal-Weight X

RRC Range Resources

Stephens

$21

Initiated Overweight X

RUN Sunrun

Stephens

$82

Upgrades Eq-Weight Overweight X

RUSHA Rush Enterprises

Stephens

Initiated Overweight X

RUTH Ruth’s Hospitality Group

Stephens

$22

Initiated Equal-Weight X

RUTH Ruth’s Hospitality Group

Stephens

Downgrades Overweight Eq-Weight X

S SentinelOne

Stephens

$22 $15

Initiated Overweight X

S SentinelOne

Stephens

$22

Downgrades Overweight Eq-Weight X

SAFM Sanderson Farms

Stephens

$190

Upgrades Eq-Weight Overweight X

SAFM Sanderson Farms

Stephens

$135 $170

Upgrades Eq-Weight Overweight X

SAFM Sanderson Farms

Stephens

Initiated Equal-Weight X

SAH Sonic Automotive

Stephens

$64

Upgrades Eq-Weight Overweight X

SAH Sonic Automotive

Stephens

$19 $30

Upgrades Eq-Weight Overweight X

SAIA Saia

Stephens

$230 $295

Upgrades Eq-Weight Overweight X

SAIA Saia

Stephens

$75 $96

Initiated Equal-Weight X

SASR Sandy Spring Banc

Stephens

$28

Upgrades Eq-Weight Overweight X

SASR Sandy Spring Banc

Stephens

Initiated Equal-Weight X

SBCF Seacoast Banking

Stephens

$23

Downgrades Overweight Eq-Weight X

SBNY Signature Bank

Stephens

$145

Initiated Equal-Weight X

SBSI Southside Banc

Stephens

$45

Initiated Equal-Weight X

SBUX Starbucks

Stephens

$91

Reiterated Overweight X

SBUX Starbucks

Stephens

$135 $125

Upgrades Eq-Weight Overweight X

SBUX Starbucks

Stephens

$118 $130

Initiated Overweight X

SCPL SciPlay

Stephens

Initiated Overweight X

SEDG SolarEdge Technologies

Stephens

$490

Initiated Overweight X

SEDG SolarEdge Technologies

Stephens

$336

Upgrades Eq-Weight Overweight X

SFNC Simmons First National

Stephens

$27 $28

Upgrades Eq-Weight Overweight X

SHSP SharpSpring

Stephens

$11 $13

Initiated Equal-Weight X

SHSP SharpSpring

Stephens

Initiated Equal-Weight X

SLB Schlumberger

Stephens

Initiated Equal-Weight X

SLCA U.S. Silica

Stephens

Downgrades Overweight Eq-Weight X

SLM Sallie Mae

Stephens

$24 $19

Initiated Overweight X

SLM Sallie Mae

Stephens

Initiated Overweight X

SLP Simulations Plus

Stephens

$39

Initiated Overweight X

SM SM Energy

Stephens

$63

Resumed Overweight X

SM SM Energy

Stephens

$26 $20

Initiated Overweight X

SM SM Energy

Stephens

$27

Initiated Overweight X

SMAR Smartsheet

Stephens

Initiated Overweight X

SMBC Southern Missouri Bancorp

Stephens

$60

Downgrades Overweight Eq-Weight X

SMBK SmartFinancial

Stephens

Initiated Equal-Weight X

SMBK SmartFinancial

Stephens

$27

Upgrades Eq-Weight Overweight X

SMPL Simply Good Foods

Stephens

$44 $45

Resumed Equal-Weight X

SMPL Simply Good Foods

Stephens

$41

Initiated Equal-Weight X

SMPL Simply Good Foods

Stephens

$29

Downgrades Overweight Eq-Weight X

SNDR Schneider National

Stephens

$28

Reiterated Equal-Weight X

SNDR Schneider National

Stephens

$38 $28

Reiterated Equal-Weight X

SNDR Schneider National

Stephens

$29 $30

Downgrades Overweight Eq-Weight X

SNDR Schneider National

Stephens

Upgrades Eq-Weight Overweight X

SNDR Schneider National

Stephens

Initiated Overweight X

SNSE Sensei Biotherapeutics

Stephens

$5

Initiated Equal-Weight X

SNV Synovus

Stephens

$40

Upgrades Eq-Weight Overweight X

SNV Synovus

Stephens

Downgrades Overweight Eq-Weight X

SNV Synovus

Stephens

Initiated Equal-Weight X

SOFI SoFi Technologies

Stephens

$7

Downgrades Overweight Eq-Weight X

SONC Sonic

Stephens

$43.50

Initiated Overweight X

SOVO Sovos Brands

Stephens

$23

Initiated Overweight X

SPT Sprout Social

Stephens

$78

Reiterated Overweight X

SQ Block

Stephens

$90 $80

Downgrades Overweight Eq-Weight X

SQ Square

Stephens

Upgrades Eq-Weight Overweight X

SRI Stoneridge

Stephens

Upgrades Eq-Weight Overweight X

SSB South State

Stephens

Initiated Equal-Weight X

SSB South State

Stephens

$78

Downgrades Eq-Weight Underweight X

SSB South State

Stephens

Resumed Overweight X

STAA STAAR Surgical

Stephens

$91

Downgrades Overweight Eq-Weight X

STEL Stellar Bank

Stephens

Upgrades Eq-Weight Overweight X

STEL Stellar Bancorp

Stephens

$43

Downgrades Overweight Eq-Weight X

STGW Stagwell

Stephens

$11 $8

Initiated Overweight X

STGW Stagwell

Stephens

$10

Downgrades Overweight Eq-Weight X

STI SunTrust Banks

Stephens

Initiated Overweight X

STKL SunOpta

Stephens

$10

Resumed Overweight X

STKS The ONE Group

Stephens

$9

Initiated Overweight X

STKS The ONE Group

Stephens

$15

Initiated Overweight X

STR Sitio Royalties Corp.

Stephens

$32

Initiated Overweight X

STVN Stevanato Group S.p.A.

Stephens

$33

Upgrades Eq-Weight Overweight X

STXB Spirit of Texas Bancshares

Stephens

$25 $26

Upgrades Eq-Weight Overweight X

SUM Summit Materials

Stephens

Initiated Overweight X

SVMK SurveyMonkey

Stephens

Downgrades Overweight Eq-Weight X

SYBT Stock Yards Bancorp

Stephens

$70 $76

Downgrades Overweight Eq-Weight X

SYF Synchrony Financial

Stephens

Upgrades Underweight Eq-Weight X

SYF Synchrony Financial

Stephens

Initiated Overweight X

SYY Sysco

Stephens

$90

Initiated Overweight X

TALO Talos Energy

Stephens

$21

Initiated Overweight X

TALO Talos Energy

Stephens

$28

Initiated Overweight X

TALO Talos Energy

Stephens

$38

Initiated Overweight X

TAST Carrols Restaurant Group

Stephens

$4

Downgrades Overweight Eq-Weight X

TAST Carrol’s Restaurant Group

Stephens

$6 $3

Downgrades Overweight Eq-Weight X

TBK Triumph Bancorp

Stephens

$30

Upgrades Eq-Weight Overweight X

TCBI Texas Capital

Stephens

$73 $77

Upgrades Eq-Weight Overweight X

TCBK TriCo Bancshares

Stephens

$46 $48

Downgrades Overweight Eq-Weight X

TCBK TriCo Bancshares

Stephens

$40

Initiated Overweight X

TCBK TriCo Bancshares

Stephens

$43

Upgrades Underweight Eq-Weight X

TDG Transdigm Group

Stephens

Initiated Equal-Weight X

TDOC Teladoc

Stephens

$25

Initiated Overweight X

TDOC Teladoc

Stephens

$75

Upgrades Eq-Weight Overweight X

TECH Bio-Techne

Stephens

$380 $425

Upgrades Eq-Weight Overweight X

TECH Bio-Techne

Stephens

Initiated Overweight X

TENB Tenable

Stephens

$60

Upgrades Eq-Weight Overweight X

TFC Truist

Stephens

$41 $43

Downgrades Overweight Eq-Weight X

TFC Truist

Stephens

$53

Downgrades Overweight Eq-Weight X

TFII TFI International

Stephens

$176 $149

Resumed Overweight X

TFX Teleflex

Stephens

$305

Upgrades Eq-Weight Overweight X

TGNA TEGNA

Stephens

Initiated Equal-Weight X

THC Tenet Healthcare

Stephens

$23

Upgrades Eq-Weight Overweight X

TITN Titan Machinery

Stephens

$26 $40

Initiated Equal-Weight X

TMCI Treace Medical Concepts

Stephens

$26

Initiated Overweight X

TMDX TransMedics Group

Stephens

$151

Initiated Overweight X

TMO Thermo Fisher

Stephens

$680

Initiated Equal-Weight X

TOST Toast

Stephens

$18

Initiated Equal-Weight X

TOWN Towne Bank

Stephens

$23

Downgrades Overweight Eq-Weight X

TRCO Tribune Media

Stephens

Upgrades Eq-Weight Overweight X

TRCO Tribune Media

Stephens

Downgrades Overweight Eq-Weight X

TREX Trex

Stephens

$115 $72

Upgrades Eq-Weight Overweight X

TREX Trex

Stephens

$111 $120

Downgrades Overweight Eq-Weight X

TSCO Tractor Supply

Stephens

$226 $240

Upgrades Eq-Weight Overweight X

TSCO Tractor Supply

Stephens

Resumed Equal-Weight X

TSN Tyson Foods

Stephens

$57

Reiterated Overweight X

TSN Tyson Foods

Stephens

$110 $115

Reiterated Overweight X

TSN Tyson Foods

Stephens

$95 $100

Upgrades Eq-Weight Overweight X

TSN Tyson Foods

Stephens

$64 $80

Initiated Overweight X

TSN Tyson Foods

Stephens

Upgrades Eq-Weight Overweight X

TTD The Trade Desk

Stephens

$85

Reiterated Overweight X

TTWO Take-Two

Stephens

$120 $140

Initiated Overweight X

TTWO Take-Two

Stephens

$138

Downgrades Overweight Eq-Weight X

TUSK Mammoth Energy Services

Stephens

$25 $7

Initiated Equal-Weight X

TWLO Twilio

Stephens

Resumed Overweight X

TWNK Hostess Brands

Stephens

$18

Initiated Overweight X

TWNK Hostess Brands

Stephens

$18

Initiated Overweight X

TXG 10x Genomics

Stephens

$65

Resumed Equal-Weight X

TXRH Texas Roadhouse

Stephens

$150

Initiated Equal-Weight X

TXRH Texas Roadhouse

Stephens

$90

Upgrades Eq-Weight Overweight X

TXRH Texas Roadhouse

Stephens

$70

Downgrades Overweight Eq-Weight X

TXRH Texas Roadhouse

Stephens

Upgrades Eq-Weight Overweight X

UAL United Continental

Stephens

Initiated Equal-Weight X

UBSI United Bankshares

Stephens

$32

Initiated Overweight X

UCBI United Comm Banks

Stephens

$34

Upgrades Eq-Weight Overweight X

UFS Domtar

Stephens

Initiated Equal-Weight X

UHS Universal Health

Stephens

$134

Upgrades Eq-Weight Overweight X

UMBF UMB Financial Corporation

Stephens

Downgrades Overweight Eq-Weight X

UMPQ Umpqua Holdings

Stephens

$23 $19

Initiated Overweight X

UNH UnitedHealth

Stephens

$287

Initiated Equal-Weight X

UNT Unit

Stephens

$25

Reiterated Equal-Weight X

UPS UPS

Stephens

$240 $220

Reiterated Equal-Weight X

UPS UPS

Stephens

$230 $240

Downgrades Eq-Weight Underweight X

UPST Upstart

Stephens

$124 $28

Initiated Equal-Weight X

UPST Upstart

Stephens

$124

Upgrades Eq-Weight Overweight X

USAK USA Truck

Stephens

Downgrades Overweight Eq-Weight X

USX U.S. Xpress

Stephens

$13

Downgrades Overweight Eq-Weight X

USX U.S. Xpress

Stephens

Downgrades Overweight Eq-Weight X

USX U.S. Xpress

Stephens