March 29, 2016

Stocks Rated Overweight

Each analyst primarily responsible for the preparation of a portion or portions of this report certifies that (i) all views expressed by the analyst accurately reflect the analyst’s personal views about the subject companies and their securities, and (ii) no part of the analyst’s compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views expressed by the analyst in this report. This statistical summary provides selected information regarding covered companies. This report constitutes a compendium report (covers six or more subject companies). As such, Stephens Inc. chooses to provide specific disclosures for the companies mentioned by reference. To access current disclosures for the companies in this report, clients should refer to https://stephens2.bluematrix.com/sellside/Disclosures.action or contact your Stephens Inc. representative for additional information. Volatile 3/28/2016 Price Volatile 3/28/2016 Price Symbol Company (V) Price Target Symbol Company (V) Price Target DDD 3D Systems Corp. V $15.08 $17.00 CXO Concho Resources Inc. $101.85 $103.00 AAN Aaron's, Inc. $24.42 $30.00 CONN Conn's, Inc. $15.65 $29.00 ABMD Abiomed, Inc. V $90.48 $128.00 CPSS Consumer Portfolio Services V$4.20$7.00 AXAS Abraxas Petroleum Corp. V $0.98 $1.50 CLR Continental Resources, Inc. $28.45 $30.00 ACHC Acadia Healthcare Co. V $53.45 $78.00 CPRT Copart, Inc. V $40.42 $45.00 ACXM Acxiom Corporation V $20.92 $27.00 CLGX CoreLogic V $33.03 $45.00 ADUS Addus HomeCare Corp. $17.21 $25.00 CORE Core-Mark Holding Co. V $77.23 $85.00 ADPT Adeptus Health Inc. V $51.17 $70.00 COR CoreSite Realty Corp. $68.46 $68.00 AIRM Air Methods Corp. V $34.86 $51.00 CSGP CoStar Group, Inc. $183.96 $230.00 ALGN Align Technology, Inc. V $70.35 $74.00 CVTI Covenant Transportation $23.38 $26.00 ABTX Allegiance Bancshares, Inc. $17.82 $21.00 CREE Cree, Inc. V $29.15 $40.00 ADS Alliance Data Systems V $211.04 $275.00 CSX CSX Corp. $25.62 $29.00 ABCB Ameris Bancorp $28.77 $33.00 CONE CyrusOne, Inc. $43.76 $48.00 AMSG AMSURG Corporation V $71.39 $90.00 DF Dean Foods Co. $17.02 $22.00 ABG Asbury Automotive $59.34 $77.00 DFRG Del Frisco's Restaurant Group $15.96 $18.00 ASNA Ascena Retail Group V $10.27 $18.00 DAL Delta Air Lines $47.84 $65.00 ATW Atwood Oceanics, Inc. $8.71 $12.00 DENN Denny's Corp. $10.01 $12.00 AZO AutoZone, Inc. V $799.79 $910.00 DXCM DexCom, Inc. V $59.46 $110.00 AVGR Avinger, Inc. V $8.72 $23.00 DXPE DXP Enterprises, Inc. V $17.30 $21.00 BGS B & G Foods Inc. $33.76 $45.00 EXP Eagle Materials Inc. V $69.10 $82.00 BHI Baker Hughes Inc. $43.87 $59.00 ESTE Earthstone Energy, Inc. $12.61 $16.00 OZRK Bank of the Ozarks, Inc. $41.79 $44.00 ECHO Echo Global Logistics $26.42 $34.00 RATE Bankrate, Inc. $8.99 $14.00 ELLI Ellie Mae, Inc. V $84.61 $94.00 BBT BB&T Corporation $33.56 $38.00 ELGX Endologix, Inc. V $7.95 $17.00 BELFB Bel Fuse Inc. V $14.26 $30.00 EFX Equifax Inc. $111.95 $111.00 BIOS BioScrip, Inc. V $1.98 $3.25 EQBK Equity Bancshares, Inc. $21.31 $25.00 BJRI BJ's Restaurants $41.83 $58.00 ESE ESCO Technologies $38.24 $44.00 NILE Blue Nile V $25.10 $28.00 EXPD Expeditors International $48.73 $60.00 BKEP Blueknight Energy Partners $4.89 $7.00 EXPGY Experian plc V $17.29 $20.00 STCK BMC Stock Holdings V $16.10 $19.00 FARO FARO Technologies, Inc. V $30.90 $32.00 BNCN BNC Bancorp $20.71 $26.00 FDX FedEx Corp. $162.19 $195.00 BOJA Bojangles', Inc. $16.12 $20.00 FNF Fidelity National Financial $32.93 $40.00 BSX Boston Scientific Corp. $18.04 $21.00 FIS Fidelity National Information Services $62.42 $74.00 EPAY Bottomline Technologies V $29.09 $35.00 FRGI Fiesta Restaurant Group V $31.38 $55.00 BKD Brookdale Senior Living V $15.09 $20.00 FITB Fifth Third Bancorp $17.09 $20.00 BWLD Buffalo Wild Wings, Inc. V $147.55 $190.00 BUSE First Busey Corp. $20.22 $22.00 BLDR Builders FirstSource, Inc. V $10.29 $14.00 FRME First Merchants Corp. $22.94 $27.00 BG Bunge Ltd. $56.17 $75.00 FMBI First Midwest Bancorp. $17.88 $20.00 CHRW C.H. Robinson Worldwide $74.04 $76.00 FTK Flotek Industries, Inc. $7.17 $16.00 CVGW Calavo Growers, Inc. $56.00 $60.00 FNFV FNFV Group V $10.47 $12.50 CPE Callon Petroleum Co. V $8.34 $9.00 FTNT Fortinet, Inc. V $28.64 $43.00 CBM Cambrex Corp. V $42.11 $49.00 FTAI Fortress Transportation $9.80 $16.00 CSU Capital Senior Living Corp. V $17.98 $25.00 FWRD Forward Air Corp. $44.30 $50.00 CRZO Carrizo Oil & Gas, Inc. V $30.13 $30.00 FTR Frontier Communications $5.30 $8.00 TAST Carrols Restaurant Group $13.57 $16.50 GARS Garrison Capital Inc. $10.84 $16.00 CRI Carter's, Inc. V $103.38 $110.00 GWR Genesee & Wyoming Inc. $60.72 $68.00 CASY Casey’s General Stores $108.24 $142.00 GEN Genesis Healthcare, Inc. V$2.37$3.00 CGI Celadon Group, Inc. $10.60 $14.00 GIII G-III Apparel Group V $45.63 $58.00 CERS Cerus Corp. V $5.79 $9.00 GNC GNC Holdings, Inc. $30.52 $36.00 CHKP Check Point Software Tech. $83.14 $88.00 GTIM Good Times Restaurants V$3.94$8.00 CHUY Chuy's Holdings, Inc. $30.64 $38.00 GTN Gray Television, Inc. V $11.51 $19.00 MYCC ClubCorp Holdings, Inc. $13.31 $27.00 GLDD Great Lakes Dredge & Dock V$4.26$5.50 CMA Comerica Inc. $38.69 $42.00 GWB Great Western Bancorp $27.45 $31.00 CSAL Communications Sales & Leasing $21.65 $32.00 GPP Green Plains Partners LP $13.29 $22.00 ESXB Community Bankers Trust $5.04 $6.00 GTT GTT Communications, Inc. $15.65 $28.00

Source: Stephens Inc., FactSet Research Systems

© 2016 Stephens Inc. This report has been prepared solely for informative purposes as of its stated date and is not a solicitation, or an offer, to buy or sell any security. It does not purport to be a complete description of the securities, markets or developments referred to in the material. Information included in the report was obtained from internal and external sources which we consider reliable, but we have not independently verified such information and do not guarantee that it is accurate or complete. Such information is believed to be accurate on the date of issuance of the report, and all expressions of opinion apply on the date of issuance of the report. No subsequent publication or distribution of this report shall mean or imply that any such information or opinion remains current at any time after the stated date of the report. Prices, yields, and availability are subject to change with the market. Nothing in this report is intended, or should be construed, as legal, accounting, regulatory or tax advice. Any discussion of tax attributes is provided for informational purposes only, and each investor should consult his/her/its own tax advisors regarding any and all tax implications or tax consequences of any investment in securities discussed in this report. We do not undertake to advise you of any changes in any such information or opinion. Additional information available upon request.

111 Center Street Little Rock, AR 72201 501-377-2000 800-643-9691 stephens.com Member NYSE, SIPC Stocks Rated Overweight Volatile 3/28/2016 Price Volatile 3/28/2016 Price Symbol Company (V) Price Target Symbol Company (V) Price Target HABT Habit Restaurants, Inc. V $18.11 $30.00 PRLB Proto Labs, Inc. V $75.61 $72.00 HAL Halliburton Company $35.09 $36.00 QRVO Qorvo, Inc. V $49.10 $70.00 HTLD Heartland Express $18.55 $21.00 PWR Quanta Services, Inc. V $22.29 $26.00 HLX Helix Energy Solutions Group $5.57 $7.00 QVCA QVC Group V $24.77 $35.00 HIBB Hibbett Sports, Inc. $35.80 $48.00 RL Ralph Lauren Corp. V $96.43 $110.00 HTH Hilltop Holdings Inc. $18.37 $21.00 RRC Range Resources Corp. $31.84 $48.00 HOMB Home BancShares, Inc. $40.78 $42.00 RMAX RE/MAX Holdings Inc. V $33.99 $41.00 HBNC Horizon Bancorp $24.78 $29.00 RHT Red Hat, Inc. V $73.49 $90.00 HRL Hormel Foods Corp. $43.80 $50.00 RRGB Red Robin Gourmet Burgers $59.77 $75.00 IBKC IBERIABANK Corp. $50.78 $53.00 RF Regions Financial Corp. $8.05 $9.50 IMPV Imperva, Inc. V $47.47 $62.00 RGEN Repligen Corp. V $24.72 $36.00 BLOX Infoblox Inc. V $16.48 $20.00 RICE Rice Energy Inc. V $12.89 $15.00 INGR Ingredion Inc. $105.88 $105.00 RUBI Rubicon Project, Inc. V $17.58 $27.00 IBP Installed Building Products V $25.48 $28.00 RUSHA Rush Enterprises, Inc. $17.76 $22.00 IDTI Integrated Device Technology V $19.84 $32.00 R Ryder System, Inc. $64.00 $75.00 SNOW Intrawest Resorts Holdings V $7.90 $16.00 SAFM Sanderson Farms, Inc. $88.28 $108.00 JAX J. Alexander's Holdings $9.65 $14.00 SC Santander Consumer USA $8.88 $15.00 JBHT J.B. Hunt Transport Services, Inc. $84.15 $82.00 SLB Schlumberger Ltd. $72.80 $78.00 JPEP JP Energy Partners LP $5.76 $8.00 SMTC Semtech Corporation V $21.85 $32.00 KSU Kansas City Southern $83.93 $95.00 SHOR ShoreTel, Inc. $7.13 $12.00 KAR KAR Auction Services, Inc. $37.45 $47.00 SIG Signet Jewelers Limited V $122.75 $155.00 KATE Kate Spade & Company V $24.52 $27.00 SFNC Simmons First National $44.59 $51.00 KEY KeyCorp. $11.18 $13.00 SWKS Skyworks Solutions, Inc. V $76.92 $90.00 KEX Kirby Corporation $59.00 $64.00 SONC Sonic Corporation $32.62 $35.00 KNX Knight Transportation, Inc. $25.44 $30.00 LUV Southwest Airlines Group $44.06 $60.00 KN Knowles Corp. V $12.68 $17.00 OKSB Southwest Bancorp, Inc. $15.54 $17.00 KKD Krispy Kreme Doughnuts V $15.05 $20.00 SPLK Splunk, Inc. V $46.95 $52.00 LKFN Lakeland Financial Corp. $45.48 $46.00 STAA STAAR Surgical Co. V $7.07 $10.00 LDRH LDR Holding Corp. V $20.53 $37.00 STBZ State Bank Financial Corp. $19.70 $22.00 TREE LendingTree, Inc. V $94.33 $140.00 STE STERIS plc $70.18 $89.00 LVLT Level 3 Communications $51.65 $63.00 STC Stewart Information Services V $34.60 $44.00 LAD Lithia Motors, Inc. $87.37 $132.00 SUM Summit Materials LLC $19.01 $25.00 LKQ LKQ Corp. V $30.61 $37.00 SUN Sunoco LP $32.41 $42.00 LOGM LogMeIn, Inc. V $49.36 $50.00 SPN Superior Energy Services $12.74 $13.00 MTSI M/A-COM Technology Solutions V $41.99 $50.00 SIVB SVB Financial Group $99.74 $125.00 MSFG MainSource Financial Group $20.75 $25.00 SWFT Swift Transportation Co. $17.56 $22.00 MRTN Marten Transport, Ltd. $17.90 $21.00 SNV Synovus Financial Corp. $29.07 $32.00 MLM Martin Marietta Materials $153.89 $179.00 TMH Team Health Holdings, Inc. V $40.48 $48.00 MMLP Martin Midstream Partners $19.85 $25.00 TISI Team, Inc. V $29.54 $34.00 DOOR Masonite International $62.79 $72.00 TEAR TearLab Corp. V $0.65 $5.00 MTZ MasTec, Inc. V $19.86 $23.00 TTGT TechTarget, Inc. V $7.01 $10.00 MTDR Matador Resources Co. V $18.46 $21.00 TGNA TEGNA Inc. V $23.50 $30.00 MTRX Matrix Service Co. V $17.33 $23.00 TFX Teleflex Inc. $155.11 $165.00 MATX Matson, Inc. $38.30 $58.00 TEST Test Company VNA$14.50 MCD McDonald's Corp. $123.17 $135.00 TXRH Texas Roadhouse, Inc. $41.95 $42.00 MRD Memorial Resource Development $9.56 $14.00 CAKE The Cheesecake Factory $51.72 $58.00 MSCC Microsemi Corp. V $38.28 $45.00 ENSG The Ensign Group V $22.30 $24.00 MITL Mitel Networks Corp. $7.45 $12.00 TFM The Fresh Market, Inc. V $28.51 $33.00 MNRO Monro Muffler Brake, Inc. $70.79 $80.00 SJM The J.M. Smucker Co. $129.60 $130.00 MRCC Monroe Capital Corp. $13.91 $17.00 MIK The Michaels Companies $27.18 $35.00 MRC MRC Global Inc. V $13.16 NE WEN The Wendy's Co. $10.61 $13.00 MUSA Murphy USA Inc. V $61.96 $69.00 BLD TopBuild Corp. V $29.14 $37.00 MYGN Myriad Genetics, Inc. V $35.80 $47.00 TSQ Townsquare Media $10.71 $13.00 NATI National Instruments Corp. V $29.39 $34.00 TSCO Tractor Supply Co. V $89.33 $99.00 NGVC Natural Grocers by Vitamin Cottage V $21.33 $27.00 TA TravelCenters of America V $6.61 $10.00 NCS NCI Building Systems, Inc. V $13.52 $14.00 THS TreeHouse Foods, Inc. $84.51 $105.00 NEO Neogenomics Inc. V $6.24 $9.00 TCAP Triangle Capital Corp. $19.78 $25.00 NXST Nexstar Broadcasting Group V $43.67 $60.00 TRIB Trinity Biotech plc V $10.82 $22.00 HLTH Nobilis Health Corp. V $2.94 $8.00 TSC TriState Capital Holdings $12.47 $15.00 NSC Norfolk Southern Corp. $81.75 $87.00 TUBE TubeMogul, Inc. V $11.69 $20.00 NXTM NxStage Medical, Inc. $14.09 $24.00 TSN Tyson Foods $67.48 $75.00 OAS Oasis Petroleum Inc. V $6.88 $8.00 USCR U.S. Concrete, Inc. $62.35 $69.00 ODFL Old Dominion Freight Line $67.78 $72.00 UBSH Union Bankshares Corp. $24.19 $27.00 ONB Old National Bancorp. $11.87 $14.00 UNP Union Pacific Corp. $78.81 $91.00 OMF OneMain Holdings, Inc. $26.02 $50.00 UNFI United Natural Foods, Inc. V $40.45 $41.00 ORLY O'Reilly Automotive, Inc. V $273.36 $305.00 MTN Vail Resorts, Inc. $128.67 $149.00 ORN Orion Marine Group, Inc. V $5.12 $6.50 VRNS Varonis Systems, Inc. V $17.56 $20.00 OXM Oxford Industries Inc. V $67.60 $84.00 VCYT Veracyte, Inc. V $5.20 $14.00 PACB Pacific Biosciences of California V $7.97 $12.00 VBTX Veritex Holdings Inc. $13.89 $16.00 PANW Palo Alto Networks, Inc. V $156.19 $163.00 VSI Vitamin Shoppe, Inc. $29.98 $40.00 FRSH Papa Murphy's Holdings $10.81 $14.00 VJET Voxeljet AG V $5.30 $6.00 PE Parsley Energy, Inc. $21.90 $24.00 VMC Vulcan Materials Company $105.59 $119.00 PRTY Party City Holdco Inc. $14.26 $20.00 WBC WABCO Holdings Inc. $104.72 $107.00 PAG Penske Automotive Group $38.12 $50.00 WAB Wabtec Corp. $77.76 $83.00 PPC Pilgrim's Pride Corp. V $24.38 $25.00 WSO Watsco, Inc. $132.72 $136.00 PNFP Pinnacle Financial Partners $47.08 $57.00 WWAV WhiteWave Foods Co. $39.30 $55.00 PF Pinnacle Foods, Inc. $44.74 $52.00 WTFC Wintrust Financial Corp. $43.50 $50.00 PXD Pioneer Natural Resources $137.46 $150.00 WPT World Point Terminals LP $13.64 $18.00 PAA Plains All American Pipeline $20.81 $35.00 YDKN Yadkin Financial Corp. $23.02 $26.00 PAGP Plains GP Holdings, L.P. $8.08 $13.00 YCB Your Community Bankshares $32.04 $37.00 PGEM Ply Gem Holdings, Inc. V $13.40 $15.00 ZAYO Zayo Group Holdings $23.69 $29.00 PFPT Proofpoint, Inc. V $51.29 $68.00 ZG Zillow, Inc. V $24.13 $26.00

Source: Stephens Inc., FactSet Research Systems Stephens Inc. 2