Research

Stephens equity research reports are compiled by our research analysts – independent industry experts who consider the perspective of an investor as well as an intermediary.

Report Filtering Options
Date range:
to

Report Title PDF Companies Publish Date
3Q20 Cloud Communications Preview - Bullish VG/Cautious EVBG PDF 10/23/2020
3Q20 EPS Almost Tops Full-Year 2018; Getting Hard to Ignore, U/G to OW/V PDF STC 10/23/2020
3Q20 Industry Railcar Data: Backlog Falls 6% Sequentially PDF 10/23/2020
Afternoon Research Summary PDF 10/23/2020
BJ's Lays Out Its Expectation for a Mid-2021 Recovery: Our F3Q Earnings Rev... PDF BJRI 10/23/2020
CIT At The Top Of Low Deposit Rates With This Week's Cut: Deposit Rate Trac... PDF 10/23/2020
Credit and Dividend Appear to Be on Solid Ground - Updating Est. and Remain... PDF PBCT 10/23/2020
Downgrading CXO + PE to EW; Naming PXD Best Idea PDF 10/23/2020
First Look at 3Q20 Results: Revenue/PPNR Beat PDF FFIN 10/23/2020
First Look at Fiscal 4Q20 Adj. EPS Miss; Guidance Remains Withdrawn PDF GBX 10/23/2020
First Look: FFBC 3Q20 Results PDF FFBC 10/23/2020
First Look: Misses Across The Board Except Credit, All Due To Lower Spendin... PDF AXP 10/23/2020
First Look: Mixed Bag as Headline EPS Beats But PPNR Misses PDF BMTC 10/23/2020
First Look: UBSI 3Q Results PDF UBSI 10/23/2020
First Look: WSFS 3Q Results PDF WSFS 10/23/2020
Fiscal 4Q20 Adj. EPS Miss; Guidance Still Withdrawn; Remain EW PDF GBX 10/23/2020
Fundamentals Are Strong; But Investigation Acts as a Lingering Overhang PDF FAF 10/23/2020
GPC Reports 3Q20; U.S. Auto Recovering Slower; Margins Strong; Maintain EW PDF GPC 10/23/2020
Headline Beat on Strong N. Am. Quarter; Outlook Steady - Remain OW PDF BOOM 10/23/2020
HHS Issues Updated Guidance for CARES Provider Relief Funds Accounting PDF 10/23/2020
Lowering Revenue Expectations On Slower Recovery Versus Peer Cards, Staying... PDF AXP 10/23/2020
Making the Most of the Favorable Backdrop; Shedding Reseller Biz a Positive... PDF CLGX 10/23/2020
Mid-Day Research Summary PDF 10/23/2020
Miss Will Frustrate, But We Continue To See Meaningful EPS Power Over 4-6 Q... PDF USX 10/23/2020
Morning Research Summary PDF 10/23/2020
Positive PPNR & Profitability Trends; Continuing to Monitor Several Por... PDF FFBC 10/23/2020
Profitability Bounces Back in 3Q20; Consumer Lending Platforms Support Grow... PDF HBAN 10/23/2020
SBA Gains Push Fees Higher; Maintain OW PDF BY 10/23/2020
Solid 3Q20 PPNR Beat; Strategic Actions Taking Shape PDF ASB 10/23/2020
Starting in 1 Hour | Cloud Communications 3Q Preview | TODAY | 1:00pm ET/12... PDF 10/23/2020
Stephens Weekly Rail Update (Ended 10/17/20) PDF 10/23/2020
STL Delivers on 3Q20 and Outlook Remains Strong - Adj. Est. and Remain OW PDF STL 10/23/2020
Strategic Actions Impact 3Q20 EPS With Benefits Expected in 2021; Remain EW... PDF MSBI 10/23/2020
Strategic Actions Position FITB for Relative Outperformance in 2021 PDF FITB 10/23/2020
TSCO Reports 3Q20; LT Guide Overshadows Results; We Remain Buyers PDF TSCO 10/23/2020
Updating Our Model for 3Q20 Earnings PDF GWW 10/23/2020
Updating Our Model Post-3Q20 Earnings PDF WSO 10/23/2020
Weekly Fuel Report (10/23/20) PDF 10/23/2020
WST 3Q20 Wrap: Pos. Outlook WIth Healthy Base Business + C-19 Activity Buil... PDF WST 10/23/2020
1st Look: $49 bil. Asset FHN Rolls Out NCR D3 Digital Banking; Key Client W... PDF NCR 10/22/2020
1st Look: FISV Wins ADS Credit Card Issuing; FISV Catalyst; Too-Cheap Stock... PDF FISV 10/22/2020
3Q EPS Doubles, Beats Ests; Driveway.com Launches; Reiterate OW and $306 ... PDF LAD 10/22/2020
3Q EPS Doubles, Tops Consensus By 74%; Margins, SG&A Standout; OW PDF PAG 10/22/2020
3Q20 Adj. EPS Beat & New Buyback; Muted by Lower Rail Group Margins PDF TRN 10/22/2020
3Q20 Credit Trends Provide a Boost of Confidence; Raising PT to $22 PDF EQBK 10/22/2020
3Q20 EPS Miss & COO Transition Overshadow Improving Freight Fundamental... PDF UNP 10/22/2020
A.M. Update: 3Q EPS Doubles, Tops Consensus By 74%; Margins, SG&A Stand... PDF PAG 10/22/2020
Afternoon Research Summary PDF 10/22/2020
Big 3Q20 Beat From Positive Cyclical Inflection & Successful Cost Initi... PDF RUSHA 10/22/2020
Comps Find a Stable Footing, While Margin Headwinds Come Into Focus PDF CMG 10/22/2020
EFX Call: '21 Mortgage Outlook/EWS Positives Should Mean Stronger Stock Tod... PDF EFX 10/22/2020
EXP Earnings Preview. WB Inflection Ahead. Cement Vol Growth Less Certain... PDF EXP 10/22/2020
First Look at 3Q20 EPS Miss; Improved 2020 Guidance PDF UNP 10/22/2020
First Look at 3Q20 Results: EPS/Rev Beat Driven by Mortgage and BD PDF HTH 10/22/2020
First Look at 3Q20 Results: Lower LLP Expense Drives EPS Beat; Credit Stabl... PDF OZK 10/22/2020
First Look at 3Q20: Solid Results All Around; New Stock Repo. Plan Announce... PDF BFST 10/22/2020
First Look at BJRI F3Q20 Earnings PDF BJRI 10/22/2020
First Look at GWW 3Q20 Results PDF GWW 10/22/2020
First Look at PTEN 3Q20 Results PDF PTEN 10/22/2020
First Look at Resumption of Stock Repurchase Program PDF SFNC 10/22/2020
First Look at WSO 3Q20 Results PDF WSO 10/22/2020
First Look: 3Q20 Results PDF CLGX 10/22/2020
First Look: ABCB 3Q Results PDF ABCB 10/22/2020
First Look: AMNB 3Q Results PDF AMNB 10/22/2020
First Look: AUB 3Q Results PDF AUB 10/22/2020
First Look: Big Beat On Credit, Looks Like WRLD Is Going Upmarket In Credit... PDF WRLD 10/22/2020
First Look: BY 3Q20 Results PDF BY 10/22/2020
First Look: EGBN 3Q Results PDF EGBN 10/22/2020
First Look: FITB 3Q20 Results PDF FITB 10/22/2020
First Look: GPC Reports Mixed 3Q20; Org. Growth Light; Margins Drive EPS Be... PDF GPC 10/22/2020
First Look: HBAN 3Q20 Results PDF HBAN 10/22/2020
First Look: Reports 3Q Adj. EPS Miss PDF USX 10/22/2020
First Look: Reports Strong 3Q20 Beat PDF TFII-CA 10/22/2020
First Look: SASR 3Q Results PDF SASR 10/22/2020
First Look: September EHS >20% YOY; Volume +36% YOY PDF 10/22/2020
First Look: Solid Beat on Record Title Margin; P&C Sale a + PDF FAF 10/22/2020
First Look: Strong WST 3Q20 Results PDF WST 10/22/2020
First Look: TSCO Reports 3Q20 Beat & Long-term Targets PDF TSCO 10/22/2020
First Look: WSBC 3Q Results PDF WSBC 10/22/2020
First Look: WTFC 3Q20 Results PDF WTFC 10/22/2020
Getting More Positive; 17% Above 2021E Consensus; Surprises on NIM And Expe... PDF DFS 10/22/2020
Increasing Price Target: A Disruptive Women's Health Franchise With Momentu... PDF ESTA 10/22/2020
Increasing Price Target: Record 3Q Implies Resurgence In Clear Aligner Adop... PDF ALGN 10/22/2020
Industry Update: Cloud Contact Center Running Full Speed Into 3Q20 PDF 10/22/2020
LSTR's Unique & Underappreciated Model Is Thriving In This Freight Mark... PDF LSTR 10/22/2020
Mid-Day Research Summary PDF 10/22/2020
More Positive Outlook On 2021 Efficiency And Credit; Helpful Mgmt Focus On ... PDF SLM 10/22/2020
Morning Research Summary PDF 10/22/2020
Near-Term Profitably Or Growth? Tough To See EPS Beats Continue While Shrin... PDF WRLD 10/22/2020
New Long-Term Win Announced PDF OMCL 10/22/2020
PPNR and Outlook Disappoints, Limited Downside But Struggle to See a Cataly... PDF KEY 10/22/2020
PXD/PE Combination Enhances FCF Story; Increasing Target + Reiterate OW Rat... PDF PXD 10/22/2020
Record Results, Again; "In Total" Shares Remain Undervalued PDF WTFC 10/22/2020
Reiterate O/V Rating Ahead of 3Q Print Despite Recent Strength PDF SDC 10/22/2020
September '20 Contract Awards: LTM Highway Awards Show Growth Again PDF 10/22/2020
Transitioning 2020 Med Tech Best Idea To Cash PDF STAA 10/22/2020
Updating Our Model Post 3Q20 Earnings PDF BKR 10/22/2020
Updating Our Model Post-3Q20 Earnings PDF PTEN 10/22/2020
Upgrading to Overweight: That Didn't Take Long PDF SNV 10/22/2020
3Q EPS Doubles, Margins Drive Upside; AutoNation USA Targets 100 Stores; EW... PDF AN 10/21/2020
3Q20 Adj. EPS Miss; Guidance Still Withdrawn, But More Optimistic Tone PDF CNI 10/21/2020
3Q20 Adj. EPS Slightly Misses Street; Positive 2021 Commentary PDF CP 10/21/2020
3Q20 Beat From Strong Sequential Operating Leverage; Announces $5 Bil. Buyb... PDF CSX 10/21/2020
3Q20 Readthroughs From Sartorius/TMO PDF 10/21/2020
3Q20 Wrap: Operational Focus Leaning into Patient Acuity Shifts Post COVID PDF THC 10/21/2020
A.M. Update: Elevated Margins Drive Beat; Plans for 100 AutoNation USA Stor... PDF AN 10/21/2020
A.M. Update: EPS Doubles, Beats Ests; Margins Top Forecast; Reiterate OW PDF LAD 10/21/2020
AAN SOTP Points To $83 Bull Case, Own Ahead Of Earnings And Split: RTO Prev... PDF 10/21/2020
Afternoon Research Summary PDF 10/21/2020
Cloud Communications 3Q Preview | FRIDAY | October 23 | 1:00pm ET/12:00pm C... PDF 10/21/2020
Core Trends Inflect Higher; PT now $46; Downgrading to EW Based on Valuatio... PDF TBK 10/21/2020
Credit Progress; CEO Succession Forthcoming; Increasing PT to $43 PDF TCBI 10/21/2020
Credit Trends Take Nice Step Forward; Increasing PT to $15; Maintain OW PDF CADE 10/21/2020
EFX 1st Look: Beat Across Board/Growth Accel In USIS/EWS; Expect Guide On C... PDF EFX 10/21/2020
First Look 3Q20 Results: PPNR In Line; Credit Shows Signs of Stabilization PDF CADE 10/21/2020
First Look at 3Q20 Adj. EPS Beat PDF RUSHA 10/21/2020
First Look at 3Q20 Adj. EPS Beat; Tailwind from Lower Lease Fleet Eliminati... PDF TRN 10/21/2020
First Look at 3Q20 Results: In-Line Revenue; EPS Miss on Elevated Op Ex. PDF TSC 10/21/2020
First Look at BKR 3Q20 Results PDF BKR 10/21/2020
First Look at CMG 3Q20 Results PDF CMG 10/21/2020
First Look: 3Q20 Results; Record Title Margins, Positive Read for Others PDF STC 10/21/2020
First Look: A Material Beat, ALGN Reports Record Quarterly Revenue PDF ALGN 10/21/2020
First Look: Beats Its Own Raised Outlook, 4Q Guide Above Cons Ex Charge PDF LSTR 10/21/2020
First Look: Big Beat On Expenses A Nice Surprise; Credit And NII Slight Bea... PDF DFS 10/21/2020
First Look: ESTA Pre-Announces Above Consensus Growth + Positive Safety Dat... PDF ESTA 10/21/2020
First Look: FCCO 3Q Results PDF FCCO 10/21/2020
First Look: FMBI 3Q20 Results PDF FMBI 10/21/2020
First Look: KEY 3Q20 Results PDF KEY 10/21/2020
First Look: PPNR In-Line And Results On Track Other Than Big Reserve Releas... PDF SLM 10/21/2020
First Look: Pre-Announces Strong 3Q20 Results PDF FWRD 10/21/2020
First Look: Reports Strong 3Q Beat, Guides Above for 4Q & 2021 PDF KNX 10/21/2020
First Look: Results Inline With Expectations, Would Like To See Acceleratio... PDF FCFS 10/21/2020
First Look: Solid 3Q20 w/NIM Expansion, Reduced Deferrals/Top-Line Rev. Gro... PDF STL 10/21/2020
First Look: Strong Margins Drive 3Q20 Adj. EPS Beat; Authorizes $5 Bil. Buy... PDF CSX 10/21/2020
Home Care M&A Expected to Potentially Reach Record Levels in 4Q20/1Q21 PDF 10/21/2020
Lower Volumes, Better Retail Margins And Slowly Improving Pawn Keep Ests. U... PDF FCFS 10/21/2020
Mid-Day Research Summary PDF 10/21/2020
Morning Research Summary PDF 10/21/2020
NIM Pressure Slows 3Q20 Results; Cost Controls Now in Focus; Maintain EW Ra... PDF CFB 10/21/2020
Plenty of Tools in the Toolkit; Upgrading to Overweight; PT to $28 PDF BXS 10/21/2020
PPNR and Lower Credit Costs Push 3Q20 Above Estimate; Raising PT to $14 PDF RF 10/21/2020
Profitability Returns as LLP Expense Moderates; NII Headwinds Likely in NT PDF HWC 10/21/2020
Reducing Estimates/P/T Following 3Q Results; Remain Overweight PDF FNB 10/21/2020
Reiterating Buy Post-3Q Earnings; 3Q Beat And Our 2021/2022 Outlook Unchang... PDF NAVI 10/21/2020
Resuming PFBC Equal-Weight; Solid Quarter But Relative Valuation Is Fair PDF PFBC 10/21/2020
Revenue Upside Behind the Solid EPS Beat PDF NCBS 10/21/2020
Several Internal Initiatives Push PPNR Outlook Higher; Remain OW PDF FMBI 10/21/2020
Solid 3Q20 Results; Signs of N.A. Railcar Leasing Market Stabilizing; Remai... PDF GATX 10/21/2020
Solid Fundamentals but NYC Malaise Continues - Increasing Est. but Lowering... PDF SBNY 10/21/2020
Solid Trends; Increasing PT to $16; Maintain EW Rating PDF STXB 10/21/2020
Strong Results/Outlook Greeted With A Yawn, Reit. OW On Compelling Risk/Rew... PDF KNX 10/21/2020
3Q20 Ad Tech Preview – Rich Getting Richer; RAMP New Best Idea PDF 10/20/2020
3Q20 Industry Wallboard Volumes Up 1.1% YoY; EXP Markets Show Strength PDF 10/20/2020
3Q20 Initial: Higher Acuity Drove Stronger Pricing; Hospital Vols Remained ... PDF THC 10/20/2020
3Q20 Title Insurance Preview; FNF at <8x Fwd. EPS is the Play PDF 10/20/2020
ACIW 1st Look: Starboard Value Discloses/Increases Ownership Stake to 9% PDF ACIW 10/20/2020
Afternoon Research Summary PDF 10/20/2020
Beat & Raise Driven By TAS Outperformance; COVID Resurgence Risk Keeps ... PDF IQV 10/20/2020
Beat-And-Raise Quarter Amid Residential Cycle Uncertainty; Reiterate EW PDF LII 10/20/2020
BXS 3Q20 First Look: PPNR Beat Driven by Cost Controls PDF BXS 10/20/2020
Commercial Driver Schools, The Capacity Bottleneck No One Is Talking About PDF 10/20/2020
Credit Trends Show Surprising Improvement; Increasing EPS Forecast and PT PDF GNTY 10/20/2020
First Look - 3Q20 Headline Miss But Growth Remains Robust PDF SBNY 10/20/2020
First Look at 3Q Beat & Raise PDF IQV 10/20/2020
First Look at 3Q20 Results: Solid Core Trends Driven by Fees PDF STXB 10/20/2020
First Look at 3Q20: Adj. EPS Miss and a "Cautiously Optimistic" Outlook PDF CNI 10/20/2020
First Look at 3Q20: Slight Adj. EPS Miss PDF CP 10/20/2020
First Look at 3Q20: Solid Operationally, N.A. Lease Rates Stabilize Seq. PDF GATX 10/20/2020
First Look: CMA 3Q20 Results PDF CMA 10/20/2020
First Look: Encouraged on NIM; Miss On RSA, Expenses and Credit Reserves PDF SYF 10/20/2020
First Look: EQBK 3Q20 Results PDF EQBK 10/20/2020
First Look: FNB 3Q Results PDF FNB 10/20/2020
First Look: Nice Win To Keep Sam's Club Card Relationship, #4 To Synchrony PDF SYF 10/20/2020
First Look: RF 3Q20 Results PDF RF 10/20/2020
First Look: SNV 3Q Results PDF SNV 10/20/2020
First Look: Top-line Beats Across All Three Segments; Positive SLM Read-Thr... PDF NAVI 10/20/2020
First Look: UCBI 3Q Results PDF UCBI 10/20/2020
GPK 3Q20 First Look PDF GPK 10/20/2020
GPK 3Q20: Just the Outlook PDF GPK 10/20/2020
HIX Gross Margin "Normalization" Could Persist in 2021; Premiums to Decline... PDF 10/20/2020
Lower Credit Costs and Modest PPNR Beat Helps Sentiment; Remain EW PDF CMA 10/20/2020
Lower Credit Costs Pushes 3Q20 Op. EPS Above Forecast; Remain EW PDF ZION 10/20/2020
Mid-Day Research Summary PDF 10/20/2020
More Positive Into 2021 On Mgmt Commentary + Account Wins; 2020 Hit Just Ti... PDF SYF 10/20/2020
Morning Research Summary PDF 10/20/2020
New Data Points on Recent Hospital Volumes, Expenses, and Payer Mix Trends PDF 10/20/2020
PPNR Headwinds Evident in 3Q20 Results; Maintain EW Rating / $20 PT PDF SFNC 10/20/2020
Resuming Equal-Weight: Attractive Growth Profile But Profitability Enhancem... PDF PFHD 10/20/2020
Resuming Equal-Weight: High Quality Carolina Franchise That Checks a Number... PDF FBNC 10/20/2020
Resuming Equal-Weight: Profitability Needs Work, But Capital/Credit Trends ... PDF BKU 10/20/2020
Resuming Overweight: High Quality Southeast Franchise With Long-Term Tailwi... PDF SSB 10/20/2020
TCT Wrap-Up PDF ABMD 10/20/2020
Updating 3Q20 Estimates; Stronger Realized Pricing Increases CFPS Forecast PDF MUR 10/20/2020
Weekly Commodity Monitor (10/20/20) PDF 10/20/2020
3Q20 Likely Great Quarter For Subprime Lenders, Buy OneMain Into Earnings P... PDF 10/19/2020
Afternoon Research Summary PDF 10/19/2020
Analyst Day Takeaways PDF SAFM 10/19/2020
Cell/Gene Therapy Takeaways from Meeting on the Mesa PDF 10/19/2020
Comfortable With Our 33% Above Consensus 3Q20E EPS Following September Data... PDF OMF 10/19/2020
E&P 3Q20 Preview: Updated Thoughts, Ratings, and Target Prices PDF 10/19/2020
Filing Points to Strong Results from PTS; Raising Ests, TP to $70; OW PDF PAG 10/19/2020
First Look at 3Q20: Bringing the “A” Game PDF TBK 10/19/2020
First Look at HAL 3Q20 Results PDF HAL 10/19/2020
First Look at LII 3Q20 Results PDF LII 10/19/2020
First Look: Bullish Fundamentals Update as New CFO Named for Planned Transi... PDF CARR 10/19/2020
First Look: COP Acquiring CXO in All-Stock Transaction PDF CXO 10/19/2020
First Look: HAL 3Q20 Conference Call Takeaways PDF HAL 10/19/2020
First Look: ONB 3Q20 Results PDF ONB 10/19/2020
First Look: Solid Quarter on the Way; Pre-Release a Positive PDF QNST 10/19/2020
Grand Rounds: Weekly Medical Device & Hospital Supply Review PDF 10/19/2020
Hertz Sales Pace Continues To Trickle But Dealer Pricing Spreads Tighten PDF 10/19/2020
Is MSFT Teams the Final Boss in the Cloud Communications Endgame? PDF 10/19/2020
Leaner and Meaner - UVSP Announces Branch Optimization Plan PDF UVSP 10/19/2020
Mid-Day Research Summary PDF 10/19/2020
Morning Research Summary PDF 10/19/2020
ONB Way Moving From Expense to Revenue Story PDF ONB 10/19/2020
Production Segment Rebound Bolsters Margins; Recovery Still Early - Remain ... PDF SLB 10/19/2020
Restaurant Weekly: 10/19 PDF 10/19/2020
Resuming Equal-Weight: Near-Term Positives Are Present, But Profitability I... PDF SNV 10/19/2020
Resuming Equal-Weight: Near-Term Profitability Outlook Should Keep a Govern... PDF FCCO 10/19/2020
Resuming Overweight: A Lion on the Florida/Georgia Line Generating Top Tier... PDF ABCB 10/19/2020
Resuming Overweight: Primed for Growth and Solid Profitability PDF UCBI 10/19/2020
September Headcount Data for the U.S. Rails PDF 10/19/2020
Stephens Monthly Medicare Enrollment Tracker - October 2020 Update PDF 10/19/2020
Takeaways From Initial Transport 3Q Reports PDF 10/19/2020
TCT Takeaways: Reiterate O/V Rating and $350 12-Month Price Target PDF ABMD 10/19/2020
Updating Our Model Post-3Q20 Earnings PDF HAL 10/19/2020
Weekly Reader: BLFS, CTLT, CYRX, RGEN, TECH, WST PDF 10/19/2020
3Q Recap & Model Update: Adj. Estimates To Reflect Rates Vs. Cost Infla... PDF HTLD 10/16/2020
3Q20 Miss Driven by Intermodal Margins; Set-Up Into 2021 Remains Attractive... PDF JBHT 10/16/2020
Afternoon Research Summary PDF 10/16/2020
Containerboard & Boxes - September 2020 PDF 10/16/2020
First Look at 3Q20 Adjusted EPS Beat PDF KSU 10/16/2020
First Look at SLB 3Q20 Results PDF SLB 10/16/2020
First Look: Beating Our High EPS By 30%, Beating Consensus By 81% PDF ALLY 10/16/2020
First Look: CFG 3Q20 Results PDF CFG 10/16/2020
First Look: Reports In-Line 3Q20 Results PDF HTLD 10/16/2020
Increasing 2021E EPS 11% After 300bps NIM Guide; 39% Above Street EPS PDF ALLY 10/16/2020
Initial Take of JBHT 3Q20 Adj. EPS Miss PDF JBHT 10/16/2020
LBM 3Q20 Preview: Adjusting Estimates For Revised Demand & Lumber Assum... PDF 10/16/2020
Mid-Day Research Summary PDF 10/16/2020
Mixed 3Q20 Results, Maintain OW at 84% of TBV PDF CFG 10/16/2020
Morning Research Summary PDF 10/16/2020
Outpatient Visits Tracking in Line to Above Pre-COVID Baseline in Sept / Oc... PDF 10/16/2020
Paperboard - September 2020 PDF 10/16/2020
Resuming Equal-Weight; Compelling Valuation But NT Trends Keep us Sidelined... PDF PACW 10/16/2020
Pages: 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64

For Retail Investors: Form CRS

(800) 643-9691 | Member NYSE, SIPC

© 2020 Stephens Inc. All rights reserved.