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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    21-Jan-16JP MorganDowngradeOverweightNeutral
    21-Jan-16Morgan StanleyDowngradeOverweightUnderweight
    1-Sep-15Morgan StanleyUpgradeUnderweightOverweight
    9-Jun-15GuggenheimInitiatedNeutral
    21-May-15BarclaysInitiatedOverweight
    10-Apr-14MizuhoUpgradeNeutralBuy
    5-Dec-13UBSDowngradeBuyNeutral
    30-Oct-13FBR CapitalInitiatedMkt Perform
    24-May-13MKM PartnersDowngradeNeutralSell
    18-Apr-13MizuhoDowngradeBuyNeutral
    23-Jan-13MKM PartnersDowngradeBuyNeutral
    16-Nov-12MizuhoInitiatedBuy
    25-Jan-12MKM PartnersUpgradeNeutralBuy
    21-Jun-11MKM PartnersInitiatedBuy
    20-Oct-10Caris & CompanyDowngradeAbove AverageAverage
    30-Sep-10UBSInitiatedBuy
    14-Jul-10Caris & CompanyInitiatedAbove Average
    19-May-10Jesup & LamontInitiatedBuy
    5-Feb-10Jefferies & CoUpgradeHoldBuy
    17-Nov-09Leerink SwannUpgradeMkt PerformOutperform
    27-Aug-09Jefferies & CoDowngradeBuyHold
    13-Apr-09BMO Capital MarketsUpgradeUnderperformMarket Perform
    7-Apr-09Leerink SwannDowngradeOutperformMkt Perform
    3-Apr-09Roth CapitalDowngradeBuyHold
    26-Mar-09Wedbush MorganInitiatedHold
    3-Mar-09Leerink SwannInitiatedOutperform
    19-Dec-08Jefferies & CoUpgradeHoldBuy
    17-Sep-08Roth CapitalUpgradeHoldBuy
    1-Aug-08Roth CapitalDowngradeBuyHold
    23-May-08Robert W. BairdDowngradeOutperformNeutral
    22-Apr-08Roth CapitalInitiatedBuy
    18-Dec-07Banc of America SecInitiatedBuy
    9-Nov-07JP MorganInitiatedOverweight
    30-May-07WR HambrechtDowngradeBuyHold
    17-Aug-06Piper JaffrayDowngradeOutperformMarket Perform
    11-Jul-06BMO Nesbitt BurnsInitiatedUnderperform
    10-Jul-06Merriman Curhan FordInitiatedBuy
    25-May-06Pacific Growth EquitiesUpgradeNeutralBuy
    10-Jan-06OppenheimerInitiatedNeutral
    5-Jan-06Susquehanna FinancialInitiatedPositive
    7-Dec-05Morgan StanleyInitiatedOverweight
    2-Dec-05Robert W. BairdInitiatedOutperform
    21-Sep-05Jefferies & CoDowngradeBuyHold
    26-May-05Lazard FreresInitiatedBuy
    12-May-05WR HambrechtInitiatedBuy
    5-Oct-04AdvestInitiatedBuy
    14-Sep-04Pacific Growth EquitiesInitiatedOver Weight
    14-May-04Piper JaffrayUpgradeMarket PerformOutperform
    12-Apr-04Piper JaffrayDowngradeOutperformMarket Perform
    23-Jan-04WR HambrechtInitiatedBuy
    6-Nov-03Caris & CompanyDowngradeBuyAverage
    9-Oct-03Merrill LynchUpgradeNeutralBuy
    8-Oct-03Thomas WeiselUpgradeUnderperformPeer Perform
    14-Jul-03Jefferies & CoUpgradeHoldBuy
    20-May-03CIBC Wrld MktsUpgradeSector PerformSector Outperform
    29-Apr-03SG CowenDowngradeStrong BuyOutperform
    11-Nov-02Thomas WeiselDowngradeBuyMkt Perform
    9-Aug-02Merrill LynchUpgradeNT Reduce/SellNT Neutral
    1-Jul-02Merrill LynchDowngradeNT NeutralNT Reduce/Sell
    4-Oct-01Friedman BillingsInitiatedBuy
    24-Sep-01Dain Rauscher WesselsUpgradeNeutralBuy
    5-Sep-01Dain Rauscher WesselsInitiatedNeutral
    29-Jun-01Thomas WeiselInitiatedBuy
    19-Jun-01CIBC Wrld MktsInitiatedBuy
    4-Oct-00Needham & CoInitiatedStrong Buy
    14-Jun-00Adams HarknessDowngradeStrong BuyAccumulate
    12-Jun-00PaineWebberDowngradeBuyAttractive
    24-Feb-00PrudentialInitiatedAccumulate
    1-Sep-99Merrill LynchDowngradeNT AccumNT Neutral
    8-Jul-99USB Piper JaffrayInitiatedStrong Buy
    20-Jan-99JP MorganUpgradeMkt PerformBuy
    11-Jan-99Adams HarknessInitiatedStrong Buy
    21-Dec-98JP MorganInitiatedMkt Perform
    23-Oct-98CS First BostonUpgradeHoldBuy
    29-Sep-98ING Barings Fm SelzInitiatedBuy
    17-Mar-98CS First BostonDowngradeHoldBuy

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