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The Research Analyst(s) who prepared this research report hereby certifies that the views expressed in the research report accurately reflect the analyst(s) personal views about the subject companies and their securities. The Research Analyst(s) also certifies that the Analyst(s) have not been, are not, and will not be receiving direct or indirect compensation for expressing the specific recommendation(s) or view(s) in this report.

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“BUY” means that Longbow Securities expects total return to exceed 20% over a 12-month period.
“NEUTRAL” means that Longbow Securities expects total return to be within a range of plus or minus 20% over a 12-month period.
“UNDERPERFORM” means that Longbow Securities expects total return to be negative by greater than 20% over a 12-month period.
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Longbow Securities LLC, a wholly owned subsidiary of Longbow Research LLC, is a primary research provider established in 2003 and headquartered at 6050 Oaktree Blvd., 3rd Floor, Independence, OH 44131 USA. The company provides research services to institutional investors, investment advisers, and professional money managers. MEMBER FINRA/SIPC. Copyright 2019. All rights reserved. Additional information supporting the statements in this report is available upon request.