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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    11-Jan-17UBSInitiatedNeutral
    9-Jan-17Piper JaffrayUpgradeUnderweightNeutral
    14-Nov-16Morgan StanleyDowngradeEqual-WeightUnderweight
    20-Oct-16MacquarieDowngradeNeutralUnderperform
    11-Oct-16FBR & Co.DowngradeOutperformMkt Perform
    11-Jul-16Robert W. BairdDowngradeOutperformNeutral
    29-Jun-16Sandler O'NeillDowngradeBuyHold
    16-May-16Sun Trust Rbsn HumphreyUpgradeNeutralBuy
    9-May-16Raymond JamesDowngradeOutperformMkt Perform
    7-Apr-16Raymond JamesDowngradeStrong BuyOutperform
    28-Mar-16Piper JaffrayDowngradeNeutralUnderweight
    24-Nov-15Piper JaffrayInitiatedNeutral
    16-Oct-15Hilliard LyonsDowngradeLong-term BuyNeutral
    2-Sep-15Robert W. BairdUpgradeNeutralOutperform
    26-May-15GuggenheimUpgradeNeutralBuy
    24-Apr-15Compass PointDowngradeBuyNeutral
    23-Apr-15Portales PartnersDowngradeSector PerformUnderperform
    8-Apr-15ArgusInitiatedBuy
    27-Mar-15FBR CapitalUpgradeMkt PerformOutperform
    1-Oct-13OppenheimerUpgradePerformOutperform
    9-Apr-13Compass PointUpgradeNeutralBuy
    22-Oct-12Sterne AgeeDowngradeBuyNeutral
    3-Feb-12Barclays CapitalUpgradeUnderweightEqual Weight
    31-Jan-12WunderlichInitiatedBuy
    18-Jan-12Compass PointDowngradeBuyNeutral
    16-Dec-11UBSInitiatedBuy
    25-Apr-11OppenheimerDowngradeOutperformPerform
    16-Mar-11Deutsche BankUpgradeHoldBuy
    6-Jan-11OppenheimerUpgradePerformOutperform
    11-Nov-10JefferiesInitiatedHold
    7-Oct-10OppenheimerInitiatedPerform
    9-Sep-10Rodman & RenshawInitiatedMkt Outperform
    18-May-10Deutsche BankDowngradeBuyHold
    4-Mar-10BernsteinUpgradeMkt PerformOutperform
    14-Jan-10BMO Capital MarketsInitiatedMarket Perform
    11-Dec-09Janney Mntgmy ScottInitiatedNeutral
    2-Dec-09Credit SuisseUpgradeUnderperformNeutral
    1-Dec-09CitigroupUpgradeHoldBuy
    2-Nov-09Stifel NicolausUpgradeSellHold
    2-Nov-09Sterne AgeeUpgradeNeutralBuy
    5-Oct-09Morgan KeeganUpgradeMkt PerformOutperform
    2-Oct-09Keefe BruyetteUpgradeMkt PerformOutperform
    30-Sep-09RBC Capital MktsInitiatedSector Perform
    23-Sep-09Collins StewartInitiatedHold
    23-Sep-09Wells FargoInitiatedMarket Perform
    10-Jul-09FBR CapitalUpgradeUnderperformMkt Perform
    21-May-09Credit SuisseInitiatedUnderperform
    12-May-09Sterne AgeeUpgradeSellNeutral
    12-May-09Morgan KeeganInitiatedMkt Perform
    28-Apr-09Deutsche SecuritiesInitiatedHold
    9-Apr-09Keefe BruyetteDowngradeMkt PerformUnderperform
    8-Apr-09SoleilInitiatedHold
    30-Mar-09Stifel NicolausDowngradeHoldSell
    23-Feb-09Stifel NicolausUpgradeSellHold
    5-Feb-09CitigroupDowngradeBuyHold
    23-Jan-09Keefe BruyetteUpgradeUnderperformMkt Perform
    20-Nov-08Sterne AgeeUpgradeSellHold
    24-Sep-08Friedman BillingsDowngradeMkt PerformUnderperform
    17-Sep-08CitigroupDowngradeBuyHold
    10-Sep-08Keefe BruyetteDowngradeMkt PerformUnderperform
    9-Sep-08Stifel NicolausDowngradeHoldSell
    25-Aug-08CitigroupUpgradeHoldBuy
    18-Apr-08Fox PittUpgradeUnderperformIn Line
    16-Apr-08Sterne AgeeInitiatedSell
    18-Jan-08Keefe BruyetteUpgradeUnderperformMkt Perform
    16-Jan-08CitigroupInitiatedHold
    8-Jan-08Robert W. BairdInitiatedNeutral
    20-Dec-07Fox PittDowngradeIn LineUnderperform
    11-Dec-07Keefe BruyetteDowngradeMkt PerformUnderperform
    27-Nov-07Punk, Ziegel & CoUpgradeMkt PerformBuy
    21-Nov-07OppenheimerUpgradeSellNeutral
    12-Sep-07Credit SuisseInitiatedOutperform
    30-Aug-07Sun Trust Rbsn HumphreyUpgradeNeutralBuy
    8-Jun-07JP MorganInitiatedNeutral
    12-Apr-07Deutsche SecuritiesInitiatedSell
    1-Mar-07Stifel NicolausInitiatedHold
    4-Jan-07Credit SuisseDowngradeNeutralUnderperform
    13-Dec-06CitigroupDowngradeHoldSell
    14-Nov-06UBSInitiatedBuy
    5-Oct-06Friedman BillingsDowngradeOutperformMkt Perform
    10-Apr-06CIBC Wrld MktsUpgradeSector UnderperformSector Perform
    3-Feb-06Ryan, Beck & CoUpgradeUnderperformMkt Perform
    13-Jan-06Sandler O'NeillUpgradeSellHold
    11-Jan-06CSFBDowngradeNeutralUnderperform
    29-Nov-05Hillard LyonsDowngradeBuyNeutral
    28-Nov-05Ryan, Beck & CoDowngradeMkt PerformUnderperform
    23-Nov-05Sandler O'NeillDowngradeHoldSell
    17-Oct-05Friedman BillingsUpgradeMkt PerformOutperform
    2-Jun-05CIBC Wrld MktsInitiatedSector Underperform
    22-Dec-04Ryan, Beck & CoInitiatedMkt Perform
    18-Oct-04Punk, Ziegel & CoInitiatedMkt Perform
    30-Aug-04PrudentialUpgradeUnderweightNeutral
    27-May-04Bear StearnsDowngradeOutperformUnderperform
    30-Apr-04Banc of America SecInitiatedNeutral
    20-Jan-04Morgan StanleyDowngradeEqual-weightUnderweight
    13-Jan-04PrudentialDowngradeNeutralUnderweight
    15-Dec-03CSFBDowngradeNeutralUnderperform
    7-May-03Bear StearnsInitiatedOutperform
    4-Apr-03Morgan KeeganInitiatedMkt Perform
    14-Jan-03AG EdwardsDowngradeBuyHold
    14-Jan-03Keefe BruyetteDowngradeOutperformMkt Perform
    13-Jan-03Keefe BruyetteDowngradeOutperformMkt Perform
    13-Dec-02Morgan StanleyInitiatedEqual-weight
    5-Nov-02CSFBInitiatedNeutral
    5-Nov-02UBS WarburgDowngradeBuyHold
    29-May-02Williams CapitalInitiatedStrong Buy
    12-Apr-02Salomon Smth BrnyDowngradeOutperformNeutral
    12-Apr-02Lehman BrothersDowngradeBuyMkt Perform
    8-Feb-02CSFBUpgradeHoldBuy
    14-Jan-02Friedman BillingsDowngradeBuyAccumulate
    8-Jan-02Merrill LynchDowngradeNT Buy/LT Strong BuyNT Neutral/LT Buy
    24-Sep-01AG EdwardsUpgradeAccumulateBuy
    20-Sep-01JP MorganUpgradeMkt PerformBuy
    20-Jul-01Raymond JamesInitiatedStrong Buy
    27-Jun-01Robinson HumphreyDowngradeOutperformNeutral
    29-May-01CSFBDowngradeBuyHold
    9-Apr-01Merrill LynchUpgradeNT NeutralNT Accum
    8-Mar-01PrudentialInitiatedHold
    16-Jan-01Friedman BillingsUpgradeAccumulateBuy
    16-Jan-01Salomon Smth BrnyDowngradeBuyOutperform
    18-Dec-00McDonald InvstInitiatedHold
    6-Dec-00Friedman BillingsDowngradeBuyAccumulate
    5-Dec-00Legg MasonDowngradeStrong BuyBuy
    11-Oct-00CSFBInitiatedBuy
    5-Oct-00Salomon Smth BrnyInitiatedBuy
    15-Sep-00Banc of America SecInitiatedStrong Buy
    11-Jul-00PaineWebberInitiatedBuy
    19-Jun-00Friedman BillingsUpgradeAccumulateBuy
    27-Apr-00DLJInitiatedBuy
    25-Apr-00Warburg Dillon ReadInitiatedBuy
    6-Apr-00PrudentialInitiatedHold
    31-Mar-00USB Piper JaffrayInitiatedBuy
    8-Feb-00JC BradfordDowngradeBuyNeutral
    13-Jan-00Legg MasonInitiatedBuy
    13-Jan-00CIBC Wrld MktsUpgradeHoldBuy
    12-Jan-00Friedman BillingsInitiatedAccumulate
    6-Jan-00AG EdwardsUpgradeAccumulateBuy
    12-Oct-99Friedman BillingsDowngradeAccumulateMarket Perform
    19-Aug-99Schroder & CoInitiatedPerform-In-Line
    15-Jun-99JP MorganInitiatedMkt Perform
    12-Apr-99First Union Cap MktsUpgradeOutperformBuy
    1-Apr-99Goldman SachsDowngradeRecomm. ListMkt Outperform
    11-Jan-99Interstate/JohnsonDowngradeLT BuyNeutral

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