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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
13-Feb-17CitigroupDowngradeBuyNeutral
20-Dec-16RBC Capital MktsUpgradeSector PerformOutperform
16-Dec-16BarclaysUpgradeEqual WeightOverweight
1-Dec-16Deutsche BankUpgradeHoldBuy
16-Nov-16KeyBanc Capital MktsDowngradeOverweightSector Weight
10-Nov-16FBR & Co.DowngradeMkt PerformUnderperform
9-Nov-16BofA/MerrillDowngradeNeutralUnderperform
4-Nov-16CLSADowngradeOutperformUnderperform
3-Nov-16Buckingham ResearchDowngradeBuyNeutral
1-Aug-16RBC Capital MktsDowngradeOutperformSector Perform
21-Jun-16BofA/MerrillDowngradeBuyNeutral
22-Mar-16NorthcoastInitiatedNeutral
8-Jun-15BarclaysDowngradeOverweightEqual Weight
19-Nov-14FBR CapitalInitiatedMkt Perform
3-Oct-12RBC Capital MktsUpgradeSector PerformOutperform
8-Dec-11Deutsche BankUpgradeHoldBuy
30-Nov-11RBC Capital MktsInitiatedSector Perform
6-Jul-11KeyBanc Capital MktsUpgradeHoldBuy
25-Mar-10Credit SuisseDowngradeOutperformNeutral
11-Sep-09Barclays CapitalUpgradeEqual WeightOverweight
19-Aug-09Credit SuisseUpgradeNeutralOutperform
21-Jan-09Deutsche SecuritiesUpgradeSellHold
12-Dec-08Deutsche SecuritiesDowngradeHoldSell
27-Aug-08Robert W. BairdDowngradeOutperformNeutral
28-Jul-08KeyBanc Capital MktsDowngradeBuyHold
23-Jul-08Deutsche SecuritiesDowngradeBuyHold
30-May-08Robert W. BairdUpgradeNeutralOutperform
29-May-08Deutsche SecuritiesUpgradeHoldBuy
27-May-08CitigroupUpgradeHoldBuy
11-Jan-08Robert W. BairdUpgradeUnderperformNeutral
3-Dec-07Lehman BrothersDowngradeOverweightEqual-weight
29-Oct-07KeyBanc Capital MktsUpgradeBuyAggressive Buy
13-Sep-07CitigroupInitiatedHold
27-Jul-07SoleilUpgradeSellHold
11-Apr-07Deutsche SecuritiesDowngradeBuyHold
21-Mar-07UBSUpgradeNeutralBuy
7-Mar-07JP MorganUpgradeNeutralOverweight
5-Feb-07Deutsche SecuritiesUpgradeHoldBuy
31-Jan-07Robert W. BairdDowngradeNeutralUnderperform
5-Jan-07Calyon SecuritiesDowngradeReduceSell
30-Oct-06UBSDowngradeBuyNeutral
5-Oct-06Credit SuisseDowngradeOutperformNeutral
2-Oct-06KeyBanc Capital Mkts / McDonaldUpgradeHoldBuy
21-Sep-06Calyon SecuritiesDowngradeNeutralReduce
18-Jul-06Calyon SecuritiesUpgradeReduceNeutral
1-May-06Calyon SecuritiesDowngradeNeutralReduce
12-Jan-06KeyBanc Capital Mkts / McDonaldDowngradeBuyHold
9-Jan-06Robert W. BairdUpgradeUnderperformNeutral
8-Dec-05PrudentialDowngradeOverweightNeutral
8-Dec-05CitigroupDowngradeBuyHold
5-Dec-05KeyBanc Capital Mkts / McDonaldInitiatedBuy
5-Dec-05Calyon SecuritiesDowngradeBuyNeutral
4-Nov-05CSFBUpgradeNeutralOutperform
12-Oct-05Deutsche SecuritiesUpgradeSellHold
11-Oct-05PrudentialUpgradeNeutralOverweight
7-Oct-05Calyon SecuritiesUpgradeAddBuy
6-Oct-05WachoviaUpgradeMkt PerformOutperform
8-Sep-05CitigroupUpgradeHoldBuy
6-Sep-05Deutsche SecuritiesDowngradeHoldSell
20-Jul-05Robert W. BairdDowngradeNeutralUnderperform
19-May-05Lehman BrothersDowngradeEqual-weightUnderweight
15-Apr-05PrudentialUpgradeUnderweightNeutral
3-Feb-05PrudentialDowngradeNeutralUnderweight
3-Jan-05Robert W. BairdDowngradeOutperformNeutral
2-Nov-04PrudentialInitiatedNeutral
17-Sep-04Smith Barney CitigroupDowngradeBuyHold
29-Jul-04Lehman BrothersDowngradeOverweightEqual-weight
7-May-04CSFBDowngradeOutperformNeutral
28-Apr-04Smith Barney CitigroupInitiatedBuy
7-Apr-04Credit Lyonnais SecUpgradeAddBuy
5-Apr-04Robert W. BairdUpgradeNeutralOutperform
8-Mar-04Robert W. BairdDowngradeOutperformNeutral
19-Dec-03OppenheimerUpgradeNeutralBuy
15-Dec-03UBSDowngradeBuyNeutral
31-Oct-03Credit Lyonnais SecUpgradeNeutralAdd
30-Sep-03Bear StearnsInitiatedOutperform
27-Jan-03UBS WarburgUpgradeNeutralBuy
20-Nov-02Banc of America SecDowngradeBuyMkt Perform
16-Apr-02Lehman BrothersUpgradeBuyStrong Buy
1-Apr-02Raymond JamesUpgradeMkt PerformBuy
12-Mar-02Credit Lyonnais SecUpgradeAddBuy
22-Feb-02Banc of America SecUpgradeMkt PerformBuy
25-Jan-02Credit Lyonnais SecUpgradeHoldAdd
8-Jan-02UBS WarburgInitiatedBuy
18-Dec-01Banc of America SecDowngradeBuyMkt Perform
19-Nov-01Credit Lyonnais SecDowngradeBuyHold
4-Oct-01Robert W. BairdInitiatedStrong Buy
10-Sep-01Raymond JamesDowngradeBuyMkt Perform
16-Jul-01Banc of America SecUpgradeMkt PerformBuy
29-Jun-01ABN AMROInitiatedBuy
13-Jun-01First Union SecInitiatedStrong Buy
12-Jun-01Merrill LynchUpgradeNT NeutralNT Accum
11-May-01Raymond JamesInitiatedBuy
11-May-01Raymond JamesInitiatedBuy
26-Jan-01Mrgn Stnly Dn WttrInitiatedOutperform
13-Dec-00Merrill LynchDowngradeNT AccumNT Neutral
7-Dec-00Lehman BrothersDowngradeBuyOutperform
27-Oct-00Banc of America SecInitiatedMarket Perform
12-Oct-00CSFBInitiatedBuy
28-Aug-00Credit Lyonnais SecInitiatedBuy
16-Aug-00PaineWebberInitiatedAttractive
11-Nov-99Salomon Smth BrnyInitiatedOutperform
20-Oct-99DLJDowngradeBuyMarket Perform
7-Oct-99Merrill LynchInitiatedNT Accum/LT Accum
16-Apr-99Lehman BrosInitiatedBuy
13-Apr-99Lehman BrosInitiatedBuy
9-Mar-99Mrgn Stnly Dn WttrInitiatedOutperform
2-Mar-99CS First BostonInitiatedBuy
23-Feb-99PaineWebberInitiatedBuy
22-Feb-99Merrill LynchInitiatedNT Buy/LT Accum
22-Feb-99Merrill LynchInitiatedNT Buy/LT Accum

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