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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    23-May-16Hilliard LyonsInitiatedNeutral
    6-Apr-16Societe GeneraleInitiatedSell
    22-Jan-16BerenbergUpgradeHoldBuy
    24-Aug-15Piper JaffrayUpgradeUnderweightNeutral
    17-Jun-15Piper JaffrayInitiatedUnderweight
    14-May-15BerenbergInitiatedHold
    21-Apr-15Morgan StanleyUpgradeEqual-WeightOverweight
    10-Jan-14BarclaysUpgradeEqual WeightOverweight
    31-Mar-11JefferiesDowngradeBuyHold
    31-Aug-10JefferiesUpgradeHoldBuy
    12-Mar-10Jefferies & CoInitiatedHold
    9-Oct-09Wells FargoInitiatedOutperform
    3-Apr-09BernsteinDowngradeOutperformMkt Perform
    10-Dec-08CitigroupUpgradeHoldBuy
    18-Jul-08CitigroupInitiatedHold
    25-Jun-08JP MorganInitiatedNeutral
    4-Jun-08Cowen & CoDowngradeOutperformNeutral
    1-Feb-08Cowen & CoUpgradeNeutralOutperform
    19-Nov-07Cowen & CoUpgradeUnderperformNeutral
    24-Oct-07BernsteinInitiatedMkt Perform
    25-Jun-07Bear StearnsUpgradePeer PerformOutperform
    13-Jun-07CitigroupUpgradeHoldBuy
    30-Apr-07Deutsche SecuritiesUpgradeHoldBuy
    27-Apr-07HSBC SecuritiesDowngradeNeutralUnderweight
    13-Apr-07BMO Capital MarketsInitiatedMarket Perform
    1-Mar-07UBSUpgradeNeutralBuy
    11-Sep-06PrudentialUpgradeUnderweightOverweight
    1-Sep-06AG EdwardsUpgradeSellHold
    8-Aug-06AG EdwardsDowngradeHoldSell
    28-Jul-06HSBC SecuritiesUpgradeUnderweightNeutral
    28-Jul-06JP MorganDowngradeOverweightNeutral
    22-Mar-06JP MorganUpgradeUnderweightOverweight
    22-Mar-06UBSUpgradeReduceNeutral
    22-Mar-06Morgan StanleyUpgradeUnderweightOverweight
    22-Mar-06CitigroupUpgradeSellHold
    2-Nov-05Friedman BillingsUpgradeMkt PerformOutperform
    29-Sep-05Banc of America SecInitiatedNeutral
    20-Sep-05BernsteinDowngradeOutperformMkt Perform
    7-Sep-05Bear StearnsInitiatedPeer Perform
    29-Mar-05Caris & CompanyInitiatedAverage
    13-Dec-04JP MorganInitiatedUnderweight
    10-Sep-04Goldman SachsUpgradeUnderperformIn-Line
    16-Jul-04UBSInitiatedReduce
    16-Jun-04Schwab SoundviewInitiatedNeutral
    8-Jun-04OppenheimerUpgradeSellNeutral
    18-May-04Friedman BillingsUpgradeUnderperformMkt Perform
    5-May-04BernsteinUpgradeMkt PerformOutperform
    15-Apr-04Harris Nesbitt GerardInitiatedNeutral
    4-Mar-04Caris & CompanyInitiatedAverage
    27-Feb-04SunTrust Rbsn HumphreyDowngradeOverweightEqual Weight
    13-Feb-04Friedman BillingsDowngradeMkt PerformUnderperform
    30-Jan-04First AlbanyDowngradeNeutralUnderperform
    12-Jan-04CSFBUpgradeUnderperformNeutral
    8-Oct-03FulcrumDowngradeBuyNeutral
    26-Aug-03BernsteinDowngradeOutperformMkt Perform
    24-Mar-03Gerard Klauer MattisonDowngradeBuyOutperform
    5-Mar-03First AlbanyInitiatedNeutral
    5-Dec-02BernsteinUpgradeMkt PerformOutperform
    6-Sep-02SunTrust Rbsn HumphreyInitiatedOutperform
    22-Aug-02Thomas WeiselInitiatedMkt Perform
    22-Jul-02Gruntal & CoDowngradeMkt PerformUnderperform
    23-May-02Morgan StanleyDowngradeEqual-weightUnderweight
    9-Apr-02FulcrumInitiatedBuy
    4-Apr-02SG CowenDowngradeBuyNeutral
    21-Mar-02BernsteinDowngradeOutperformMkt Perform
    20-Mar-02Morgan StanleyDowngradeOverweightEqual-weight
    20-Mar-02PrudentialDowngradeBuyHold
    20-Mar-02CSFBDowngradeBuyHold
    20-Mar-02Deutsche Bc Alex. BrDowngradeBuyMkt Perform
    20-Mar-02SG CowenDowngradeStrong BuyBuy
    20-Mar-02CIBC Wrld MktsDowngradeStrong BuyHold
    20-Mar-02Merrill LynchDowngradeNT Strong BuyNT Neutral
    18-Mar-02Deutsche Bc Alex. BrDowngradeStrong BuyBuy
    1-Mar-02Gruntal & CoUpgradeLT Mkt PerformerLT Mkt Outperformer
    28-Feb-02AG EdwardsDowngradeBuyHold
    25-Jan-02Raymond JamesDowngradeStrong BuyMkt Perform
    25-Jan-02Goldman SachsDowngradeTrading BuyMkt Perform
    14-Dec-01Goldman SachsUpgradeMkt OutperformTrading Buy
    14-Dec-01BernsteinUpgradeMkt PerformOutperform
    14-Dec-01PrudentialUpgradeHoldBuy
    14-Dec-01Raymond JamesUpgradeMkt PerformStrong Buy
    12-Dec-01ABN AMRODowngradeBuyAdd
    23-Nov-01Raymond JamesDowngradeStrong BuyMkt Perform
    17-Sep-01SG CowenUpgradeBuyStrong Buy
    13-Jun-01ABN AMROInitiatedBuy
    23-May-01PrudentialInitiatedHold
    23-Mar-01Banc of America SecUpgradeMkt PerformBuy
    14-Mar-01Gruntal & CoDowngradeLT OutperformerLT Mkt Performer
    2-Feb-01CSFBInitiatedBuy
    26-Jan-01CIBC Wrld MktsUpgradeBuyStrong Buy
    24-Jan-01Merrill LynchUpgradeNT AccumNT Buy
    5-Jan-01Mrgn Stnly Dn WttrUpgradeOutperformStrong Buy
    4-Jan-01Bear StearnsDowngradeBuyAttractive
    29-Nov-00Goldman SachsInitiatedMkt Outperform
    10-Aug-00ABN AMROUpgradeHoldBuy
    18-Jul-00ING BaringsInitiatedHold
    27-Apr-00Deutsche Bc Alex. BrUpgradeBuyStrong Buy
    20-Apr-00AG EdwardsUpgradeMaintain PositionAccumulate
    20-Apr-00CSFBDowngradeBuyHold
    20-Apr-00JP MorganDowngradeBuyLT Buy
    20-Apr-00Wasserstein PerellaDowngradeBuyHold
    19-Apr-00Salomon Smth BrnyDowngradeOutperformNeutral
    19-Apr-00PaineWebberDowngradeAttractiveNeutral
    19-Apr-00Mrgn Stnly Dn WttrDowngradeStrong BuyOutperform
    19-Apr-00Banc of America SecDowngradeStrong BuyMarket Perform
    5-Apr-00PaineWebberDowngradeBuyAttractive
    8-Mar-00PaineWebberUpgradeAttractiveBuy
    8-Mar-00Dain Rauscher WesselsUpgradeNeutralBuy
    6-Mar-00Salomon Smth BrnyDowngradeBuyOutperform
    2-Mar-00Gruntal & CoDowngradeNT OutperformerNT Mkt Performer
    2-Mar-00Deutsche Bc Alex. BrUpgradeMkt PerformBuy
    2-Mar-00Bear StearnsUpgradeAttractiveBuy
    27-Jan-00Bear StearnsUpgradeNeutralAttractive
    4-Jan-00DLJDowngradeBuyMarket Perform
    8-Dec-99Dain Rauscher WesselsInitiatedNeutral
    6-Dec-99SG CowenDowngradeStrong BuyBuy
    2-Dec-99Wasserstein PerellaInitiatedBuy
    20-Oct-99Merrill LynchDowngradeNT BuyNT Accum
    12-Oct-99Deutsche Bc Alex. BrInitiatedMkt Perform
    30-Sep-99Schroder & CoInitiatedOutperf. Signif.
    22-Sep-99Goldman SachsInitiatedMarket Perform
    14-Sep-99Banc of America SecDowngradeStrong BuyBuy
    6-Aug-99SG CowenUpgradeBuyStrong Buy
    25-Jun-99Banc of America SecUpgradeHoldBuy
    27-May-99ABN AMROUpgradeHoldBuy
    22-Apr-99Lehman BrosUpgradeNeutralOutperform
    13-Apr-99Mrgn Stnly Dn WttrInitiatedStrong Buy
    12-Apr-99PaineWebberUpgradeNeutralAttractive
    18-Mar-99Cowen & CoDowngradeStrong BuyBuy
    10-Dec-98PaineWebberDowngradeAttractiveNeutral
    24-Sep-98PrudentialUpgradeAccumulateStrong Buy
    12-May-98CS First BostonInitiatedBuy
    25-Feb-98ABN/AmroInitiatedHold

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