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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
9-Jan-17BarclaysUpgradeUnderweightEqual Weight
16-Dec-16Morgan StanleyUpgradeUnderweightEqual-Weight
14-Jun-16Atlantic EquitiesInitiatedNeutral
26-Feb-16Sterne Agee CRTDowngradeBuyNeutral
21-Jul-15Sterne Agee CRTInitiatedBuy
23-Sep-14B. Riley & Co.DowngradeNeutralSell
4-Mar-14UBSInitiatedSell
26-Nov-13RBC Capital MktsInitiatedSector Perform
15-Jul-13ArgusInitiatedBuy
21-Jul-11RBC Capital MktsDowngradeOutperformSector Perform
14-Feb-11UBSDowngradeBuyNeutral
5-Jan-11Deutsche BankDowngradeBuyHold
4-May-10JefferiesDowngradeBuyHold
16-Mar-10Barclays CapitalUpgradeEqual WeightOverweight
12-Feb-10Credit SuisseInitiatedNeutral
8-Oct-09Deutsche SecuritiesUpgradeHoldBuy
12-Jun-09OppenheimerUpgradeUnderperformOutperform
11-May-09BernsteinDowngradeMkt PerformUnderperform
22-Apr-09RBC Capital MktsInitiatedOutperform
28-Jan-09CitigroupUpgradeSellHold
12-Dec-08Jefferies & CoInitiatedBuy
9-Jun-08BMO Capital MarketsDowngradeOutperformMarket Perform
30-May-08Caris & CompanyInitiatedAverage
6-Feb-08Lehman BrothersDowngradeEqual-weightUnderweight
16-Jan-08BMO Capital MarketsUpgradeMarket PerformOutperform
29-Nov-07Credit SuisseInitiatedUnderperform
25-Oct-07WachoviaInitiatedMkt Perform
28-Aug-07BMO Capital MarketsInitiatedMarket Perform
3-Aug-07Lehman BrothersDowngradeOverweightEqual-weight
8-May-07BernsteinInitiatedMkt Perform
21-Mar-07JP MorganUpgradeNeutralOverweight
22-Jan-07PrudentialUpgradeNeutralOverweight
21-Sep-06UBSInitiatedBuy
4-May-06OppenheimerUpgradeSellNeutral
27-Feb-06PrudentialUpgradeUnderweightNeutral
14-Feb-06Morgan StanleyInitiatedEqual-weight
3-Feb-06OppenheimerDowngradeNeutralSell
3-Oct-05PrudentialDowngradeNeutralUnderweight
5-Aug-05PrudentialUpgradeUnderweightNeutral
6-May-05PrudentialDowngradeNeutralUnderweight
14-Apr-05Lehman BrothersUpgradeUnderweightEqual-weight
27-Jan-05PrudentialDowngradeOverweightNeutral
18-Nov-04CSFBDowngradeOutperformNeutral
8-Oct-04Banc of America SecDowngradeBuyNeutral
1-Jul-04JP MorganInitiatedNeutral
2-Apr-04PrudentialUpgradeNeutralOverweight
10-Feb-04PrudentialDowngradeOverweightNeutral
5-Nov-03PrudentialUpgradeNeutralOverweight
8-Oct-03CSFBInitiatedOutperform
13-May-03Deutsche SecuritiesInitiatedHold
12-Feb-03Banc of America SecUpgradeNeutralBuy
12-Dec-02CIBC Wrld MktsInitiatedSector Underperform
10-Dec-02FahnestockInitiatedNeutral
19-Nov-02Salomon Smth BrnyDowngradeIn-lineUnderperform
31-Oct-02Goldman SachsUpgradeMkt OutperformRecomm List
22-Jul-02UBS WarburgUpgradeHoldBuy
24-May-02Morgan StanleyInitiatedEqual-weight
21-May-02UBS WarburgDowngradeBuyHold
18-Mar-02Salomon Smth BrnyDowngradeBuyOutperform
28-Feb-02ABN AMROInitiatedHold
14-Dec-01Friedman BillingsUpgradeAccumulateBuy
31-Oct-01UBS WarburgUpgradeHoldBuy
24-Sep-01Goldman SachsUpgradeMkt PerformMkt Outperform
9-Aug-01JP MorganDowngradeLT BuyMkt Perform
15-Mar-01Sanford BernsteinDowngradeOutperformMkt Perform
5-Mar-01Banc of America SecDowngradeBuyMkt Perform
15-Dec-00Lehman BrothersInitiatedNeutral
15-Dec-00Merrill LynchDowngradeNT AccumNT Neutral
15-Dec-00Friedman BillingsDowngradeBuyAccumulate
15-Dec-00Dain Rauscher WesselsDowngradeBuy AggressiveNeutral
15-Dec-00Banc of America SecDowngradeStrong BuyBuy
5-Oct-00Merrill LynchUpgradeNT NeutralNT Accum
19-Sep-00Salomon Smth BrnyUpgradeOutperformBuy
15-Aug-00PrudentialUpgradeAccumulateStrong Buy
14-Aug-00Banc of America SecUpgradeBuyStrong Buy
14-Jul-00UBS WarburgInitiatedStrong Buy
13-Jun-00PaineWebberInitiatedBuy
14-Mar-00Deutsche Bc Alex. BrInitiatedMkt Perform
10-Mar-00JP MorganDowngradeBuyLT Buy
7-Mar-00Merrill LynchDowngradeNT AccumNT Neutral
24-Feb-00Dain RauscherInitiatedNeutral
6-Jan-00PrudentialDowngradeStrong BuyAccumulate
6-Dec-99DLJUpgradeMarket PerformBuy
16-Nov-99PrudentialInitiatedStrong Buy
9-Nov-99Mrgn Stnly Dn WttrUpgradeOutperformStrong Buy
2-Nov-99CSFBInitiatedHold
13-Oct-99Friedman BillingsInitiatedBuy
13-Aug-99Schroder & CoUpgradeOutperformOutperf. Signif.
13-Aug-99Goldman SachsDowngradeRecommended ListMarket Perform
12-Aug-99Salomon Smth BrnyDowngradeBuyOutperform
12-Aug-99PaineWebberDowngradeAttractiveNeutral
1-Jul-99JP MorganUpgradeMkt PerformBuy
29-Jun-99Banc of America SecInitiatedBuy
25-Mar-99Mrgn Stnly Dn WttrUpgradeNeutralOutperform
9-Mar-99Mrgn Stnly Dn WttrInitiatedNeutral
20-Jan-99Schroder & CoUpgradePerform In LineOutperform
20-Oct-98DLJDowngradeBuyMkt Perform
16-Oct-98NB MontgomeryInitiatedHold
2-Oct-98Salomon Smth BrnyUpgradeNeutralOutperform
30-Jul-98PaineWebberUpgradeNeutralAttractive
9-Jul-98Schroder & CoDowngradeOutperformPerform In Line
1-Jun-98DLJUpgradeMkt PerformBuy
16-Apr-98AG EdwardsInitiatedMaintain

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