Canadian Research Monitor Research Highlights: Week of June 08 - June 12

Research evidence excerpt

Canadian Research Monitor Research Highlights: Week of June 08 - June 12

J P M O R G A N North America Equity Research

15 June 2026

Canadian Research Monitor

Research Highlights: Week of June 08 - June 12

Discover key market insights, highlighted stories, initiations, rating changes, our

Analyst Focus List and Catalyst Watch, all designed to guide your investment

decisions.

Hardware & Networking Head of North America Equity

Pre-Quiet Period Catch-Up Takeaways (AXON, CALX, CDW, CLS, GLW, FN, Research

FFIV, FLEX, GRMN, NSIT, LOGI, MSI, SANM, STX, TEL, TER, WDC, XRX) Ken Goldman AC

– Samik Chatterjee, CFA, 12-June-2026 (1-212) 622-0359

ken.goldman@jpmorgan.com

We hosted pre-quiet period catch-up calls with our coverage companies, including

Head of North America Equity

AXON, CALX, CDW, CLS, GLW, FN, FFIV, FLEX, GRMN, NSIT, LOGI, MSI,

Research Product Management

SANM, STX, TEL, TER, WDC and XRX.

William Funke

(1-212) 622-2597

Shopify william.c.funke@jpmorgan.com

Key Takeaways from Platinum Partner Call w/Zettler Digital; Focus on Meta, J.P. Morgan Securities LLC

Enterprise, Agentic Commerce, Campaigns, & Macro – Bryan M. Smilek, 09-

June-2026

Yesterday we hosted our inaugural Talking Shop with Smilek expert zoom with

Zettler Digital, a Shopify Platinum Partner that has helped 400+ e-commerce

brands scale their businesses & specializes in performance marketing, retention,

& website optimizations.

North American Railroads

10 More FAQs on UP/NS Merger Application Following Discussions with

Industry Experts – Brian P. Ossenbeck, CFA, 09-June-2026

We previously noted that the second UP/NS application was technically accepted

but effectively rejected (details here) and recently discussed key issues related to

the merger with a handful of industry experts, including former Surface