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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    8-Jul-16Wells FargoUpgradeUnderperformMarket Perform
    29-Jun-16BofA/MerrillDowngradeNeutralUnderperform
    19-May-16GoldmanUpgradeSellNeutral
    13-May-16Wells FargoDowngradeMarket PerformUnderperform
    9-May-16Raymond JamesUpgradeMkt PerformOutperform
    21-Apr-16BofA/MerrillUpgradeUnderperformNeutral
    14-Mar-16Credit AgricoleUpgradeUnderperformOutperform
    20-Jan-16FBR CapitalUpgradeMkt PerformOutperform
    12-Jan-16BofA/MerrillDowngradeBuyUnderperform
    7-Jan-16Robert W. BairdUpgradeNeutralOutperform
    17-Dec-15GoldmanDowngradeNeutralSell
    6-Oct-15JP MorganDowngradeOverweightNeutral
    8-Sep-15BMO Capital MarketsInitiatedUnderperform
    24-Aug-15Robert W. BairdUpgradeUnderperformNeutral
    20-Aug-15Sterne Agee CRTInitiatedNeutral
    24-Jun-15BofA/MerrillUpgradeNeutralBuy
    12-Jun-15Piper JaffrayInitiatedNeutral
    20-May-15Robert W. BairdDowngradeNeutralUnderperform
    3-Mar-15UBSInitiatedNeutral
    13-Jan-15Robert W. BairdUpgradeUnderperformNeutral
    25-Sep-14WunderlichUpgradeHoldBuy
    29-May-13WunderlichDowngradeBuyHold
    22-May-13OppenheimerDowngradePerformUnderperform
    8-May-13Robert W. BairdDowngradeNeutralUnderperform
    11-Feb-13Stifel NicolausDowngradeHoldSell
    9-Jan-13OppenheimerDowngradeOutperformPerform
    18-Oct-12Stifel NicolausUpgradeSellHold
    14-Sep-12Stifel NicolausDowngradeHoldSell
    5-Jun-12Stifel NicolausUpgradeSellHold
    22-Feb-12Stifel NicolausDowngradeHoldSell
    23-Jan-12Compass PointDowngradeBuyNeutral
    7-Dec-11WunderlichInitiatedBuy
    8-Nov-11UBSInitiatedBuy
    10-Aug-11Compass PointUpgradeNeutralBuy
    13-Apr-11Morgan KeeganInitiatedMkt Perform
    6-Jan-11OppenheimerDowngradeOutperformPerform
    4-Jan-11DA DavidsonUpgradeNeutralBuy
    17-Dec-10Robert W. BairdDowngradeOutperformNeutral
    12-Nov-10DA DavidsonInitiatedNeutral
    11-Nov-10JefferiesInitiatedHold
    31-Aug-10Robert W. BairdUpgradeNeutralOutperform
    27-Jul-10Hilliard LyonsUpgradeNeutralLong-term Buy
    10-Mar-10SoleilDowngradeBuyHold
    9-Mar-10BMO Capital MarketsDowngradeOutperformMarket Perform
    26-Jan-10OppenheimerUpgradePerformOutperform
    15-Jan-10BMO Capital MarketsUpgradeMarket PerformOutperform
    8-Oct-09UBSInitiatedSell
    8-Oct-09Credit SuisseDowngradeOutperformNeutral
    21-Sep-09BernsteinDowngradeOutperformMkt Perform
    10-Jun-09SoleilInitiatedBuy
    21-May-09Credit SuisseInitiatedOutperform
    28-Apr-09Deutsche SecuritiesInitiatedHold
    22-Apr-09CitigroupDowngradeBuyHold
    3-Apr-09Sterne AgeeInitiatedNeutral
    11-Nov-08Deutsche SecuritiesDowngradeBuyHold
    5-Nov-08BernsteinUpgradeMkt PerformOutperform
    15-Oct-08CitigroupUpgradeSellBuy
    10-Sep-08Keefe BruyetteDowngradeOutperformMkt Perform
    1-Jul-08Keefe BruyetteUpgradeMkt PerformOutperform
    29-May-08Sterne AgeeInitiatedBuy
    6-May-08FTN MidwestUpgradeNeutralBuy
    5-May-08Deutsche SecuritiesUpgradeHoldBuy
    21-Apr-08Punk, Ziegel & CoUpgradeSellMkt Perform
    4-Feb-08Robert W. BairdDowngradeOutperformNeutral
    31-Jan-08Rochdale SecuritiesUpgradeSellHold
    18-Jan-08Friedman BillingsDowngradeOutperformMkt Perform
    8-Jan-08Robert W. BairdInitiatedOutperform
    17-Dec-07CitigroupDowngradeHoldSell
    28-Nov-07UBSInitiatedNeutral
    13-Aug-07Deutsche SecuritiesUpgradeSellHold
    6-Aug-07AG EdwardsUpgradeHoldBuy
    18-Apr-07RBC Capital MktsUpgradeUnderperformSector Perform
    12-Apr-07Deutsche SecuritiesInitiatedSell
    5-Mar-07Punk, Ziegel & CoDowngradeMkt PerformSell
    1-Mar-07Stifel NicolausInitiatedHold
    22-Feb-07JP MorganInitiatedNeutral
    31-Oct-06PrudentialDowngradeNeutralUnderweight
    25-Sep-06Ryan, Beck & CoDowngradeOutperformMkt Perform
    17-Aug-06Goldman SachsDowngradeNeutralSell
    9-May-06Ryan, Beck & CoUpgradeMkt PerformOutperform
    8-May-06FTN MidwestUpgradeNeutralBuy
    20-Apr-06OppenheimerDowngradeBuyNeutral
    4-Apr-06Ryan, Beck & CoInitiatedMkt Perform
    27-Jan-06Hilliard LyonsUpgradeNeutralLong-term Buy
    6-Jan-06PrudentialDowngradeOverweightNeutral
    22-Nov-05JP MorganDowngradeNeutralUnderweight
    17-Oct-05CitigroupUpgradeSellHold
    21-Jul-05Smith Barney CitigroupDowngradeHoldSell
    15-Mar-05Harris NesbittInitiatedNeutral
    26-Jan-05CSFBUpgradeUnderperformNeutral
    21-Dec-04OppenheimerUpgradeNeutralBuy
    7-Dec-04Goldman SachsDowngradeOutperformIn-Line
    20-Oct-04BernsteinDowngradeOutperformMkt Perform
    8-Sep-04Advest IncDowngradeBuyNeutral
    10-Jun-04Advest IncUpgradeNeutralBuy
    30-Apr-04Banc of America SecInitiatedNeutral
    19-Apr-04Keefe BruyetteUpgradeUnderperformMkt Perform
    16-Apr-04OppenheimerUpgradeSellNeutral
    11-Mar-04PrudentialDowngradeOverweightNeutral
    5-Feb-04Deutsche SecuritiesInitiatedSell
    26-Nov-03JP MorganInitiatedNeutral
    16-Oct-03Lehman BrothersDowngradeEqual-weightUnderweight
    11-Jun-03Friedman BillingsDowngradeOutperformMkt Perform
    3-Jun-03Legg MasonUpgradeHoldBuy
    10-Feb-03Friedman BillingsUpgradeMkt PerformOutperform
    17-Jan-03Salomon Smth BrnyDowngradeOutperformIn-line
    17-Jan-03RBC Capital MktsDowngradeSector PerformUnderperform
    16-Jan-03McDonald InvstDowngradeBuyHold
    11-Dec-02FahnestockInitiatedNeutral
    5-Nov-02CSFBInitiatedNeutral
    18-Oct-02McDonald InvstUpgradeBuyAggressive Buy
    17-Oct-02Robert W. BairdUpgradeUnderperformNeutral
    7-Oct-02Lehman BrothersDowngradeOverweightEqual-weight
    3-Oct-02PrudentialUpgradeSellHold
    19-Jul-02Robert W. BairdDowngradeMkt OutperformMkt Perform
    14-Mar-02RBC Capital MktsInitiatedSector Perform
    18-Jan-02CIBC Wrld MktsUpgradeHoldBuy
    17-Jan-02CIBC Wrld MktsUpgradeHoldBuy
    4-Jan-02JP MorganUpgradeLT BuyBuy
    4-Dec-01Salomon Smth BrnyUpgradeNeutralBuy
    24-Oct-01Friedman BillingsUpgradeAccumulateBuy
    17-Oct-01AG EdwardsDowngradeBuyHold
    10-Oct-01Robert W. BairdInitiatedMkt Outperform
    20-Sep-01JP MorganDowngradeBuyLT Buy
    17-Aug-01Raymond JamesInitiatedMkt Perform
    18-Apr-01Friedman BillingsDowngradeBuyAccumulate
    17-Apr-01PrudentialDowngradeHoldSell
    17-Apr-01CIBC Wrld MktsDowngradeBuyHold
    17-Apr-01Advest IncDowngradeBuyMkt Perform
    8-Mar-01PrudentialInitiatedHold
    1-Dec-00Mrgn Stnly Dn WttrDowngradeOutperformNeutral
    1-Dec-00Lehman BrothersUpgradeOutperformBuy
    2-Nov-00USB Piper JaffrayDowngradeStrong BuyBuy
    24-Oct-00Mrgn Stnly Dn WttrDowngradeStrong BuyOutperform
    11-Oct-00CSFBInitiatedBuy
    17-Aug-00Legg MasonInitiatedBuy
    11-Jul-00PaineWebberInitiatedNeutral
    2-Jun-00AG EdwardsDowngradeBuyAccumulate
    1-Jun-00DLJInitiatedBuy
    25-May-00Mrgn Stnly Dn WttrUpgradeNeutralStrong Buy
    25-Apr-00Warburg Dillon ReadInitiatedHold
    20-Apr-00JP MorganInitiatedBuy
    31-Mar-00USB Piper JaffrayInitiatedStrong Buy
    6-Jan-00AG EdwardsUpgradeMaintain PositionBuy
    7-Dec-99Advest IncDowngradeStrong BuyBuy
    1-Nov-99Banc of America SecDowngradeStrong BuyBuy
    17-Jun-99DLJInitiatedBuy
    12-May-99Pacific Crest SecInitiatedStrong Buy
    15-Mar-99NB MontgomeryUpgradeHoldBuy
    8-Dec-98Friedman BillingsUpgradeAccumulateBuy
    20-Oct-98Friedman BillingsInitiatedAccumulate
    19-Oct-98CIBC OppenheimerUpgradeHoldBuy
    22-Jul-98McDonald & CoUpgradeBuyAggressive Buy

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