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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    14-Nov-16Morgan StanleyUpgradeUnderweightEqual-Weight
    10-Jun-16MacquarieUpgradeNeutralOutperform
    31-May-16JP MorganUpgradeNeutralOverweight
    11-Mar-16Credit SuisseInitiatedUnderperform
    8-Jan-16MacquarieDowngradeOutperformNeutral
    18-Sep-15FBR CapitalInitiatedMkt Perform
    20-Nov-14Deutsche BankDowngradeBuyHold
    29-Oct-14Brean CapitalDowngradeHoldSell
    14-Jan-14Deutsche BankUpgradeHoldBuy
    13-Jan-14Brean CapitalInitiatedHold
    17-Oct-13CowenUpgradeUnderperformMarket Perform
    12-Sep-13FBR CapitalDowngradeOutperformMkt Perform
    10-Jul-13BB&T Capital MktsUpgradeHoldBuy
    6-May-13FBR CapitalUpgradeMkt PerformOutperform
    5-Mar-13BMO Capital MarketsDowngradeOutperformMarket Perform
    13-Feb-13Deutsche BankDowngradeBuyHold
    15-Jan-13Dahlman RoseDowngradeHoldSell
    5-Dec-12RBC Capital MktsDowngradeOutperformSector Perform
    26-Oct-12Dahlman RoseDowngradeBuyHold
    6-Sep-12UBSDowngradeBuyNeutral
    6-Sep-12LongbowDowngradeBuyNeutral
    26-Jul-12FBR CapitalDowngradeOutperformMkt Perform
    18-Jul-12Global Hunter SecuritiesInitiatedNeutral
    6-Jan-12RBC Capital MktsInitiatedOutperform
    26-Oct-11BB&T Capital MktsDowngradeBuyHold
    13-Jun-11UBSInitiatedBuy
    13-Apr-11BB&T Capital MktsInitiatedBuy
    22-Sep-10Dahlman RoseInitiatedBuy
    11-May-10Stifel NicolausInitiatedHold
    30-Jul-09BMO Capital MarketsUpgradeMarket PerformOutperform
    12-Jun-09MerrimanInitiatedBuy
    13-May-09BMO Capital MarketsDowngradeOutperformMarket Perform
    24-Mar-09FBR Capital MarketsUpgradeMkt PerformOutperform
    27-Feb-09KeyBanc Capital MktsDowngradeBuyHold
    15-Jan-09CitigroupInitiatedBuy
    17-Dec-08DavenportInitiatedNeutral
    21-Nov-08Matrix ResearchUpgradeBuyStrong Buy
    7-Nov-08Friedman BillingsDowngradeOutperformMkt Perform
    13-Aug-08Friedman BillingsInitiatedOutperform
    16-Jul-08KeyBanc Capital MktsInitiatedBuy
    3-Mar-08Deutsche SecuritiesInitiatedBuy
    13-Dec-07BMO Capital MarketsInitiatedOutperform
    4-Dec-07JP MorganInitiatedOverweight
    2-Aug-07LongbowUpgradeNeutralBuy
    9-Mar-05LongbowDowngradeBuyNeutral
    6-Jan-05Morgan StanleyInitiatedOverweight
    27-Jul-98PaineWebberDowngradeBuyNeutral

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