EFTA01446940.pdf

Gilead (GILD) - trades avg 10mm shs/day Biotech was beat-up today. There is a lot of market chatter on stretched valuations, especially on upcoming IP0s. understand that you have a bullish outlook on the group. ADD to your Gilead (GILD). After today's trade, you're long 8.1k shares at 478.90. DB price target 5132 (65% implied upside). Chart below, report from this week defending vs a voluntary recall (392k bottles only) attached. GILD lyr Price History (Embedded image moved to file: pic04865.gif) (see attached file: GILD - defend 3.6.14.pdf) HCA Holdings (HCA) - Trades avg 3mm shs/day "Best in breed" hospital co; strong operating follow-through in 4Q after a positive preannouncement. DB Price target: 558 (17% implied upside). HCA lyr Price History (Embedded image moved to file: pic01360.gif) (See attached file: HCA 2.4.14.pdf) Comcast (CMCSA) - trades avg 12mm shs/day Finalization of Timewarner Cable acquisition pending. DB price target of $64 (23% implied upside). O'CSA lyr Price History (Embedded image moved to file: pic13794.gif) FS Networks (FFIv) - Trades -1.8mm shs/day Growth in Telco and Next-Gen Security. F5 provides solutions for internet traffic management to the big Telcos. Fundamental tailwinds in demand, and following a 2yr MO investment. DB just raised price target to 5130 (14% implied upside). Believe momentum in shares continues, reports Q2 on 4/23. FFIV lyr Price History (Embedded image moved to file: pic28894.gif) (See attached file: FFIV LTE 3.2.14.pdf) Exxon(x0m) - Trades 12.7mm shares per day Like on higher oil and momentum up through 5100 near-term. Note: DB does not cover. X0M lyr Price History (Document link: Tazia smith)(Embedded image moved to file: pic28739.gif) (Embedded image moved to file: pic23997.gif) Tazia Smith Director I Key Client Partners - US Deutsche Bank Securities Inc Deutsche Asset & wealth Management 345 Park Avenue, 26th Floor New York. NY 10154 Tel. Fax Mobi CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0101391 CONFIDENTIAL SDNY_GM_00247575 EFTA01446940