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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    13-Jan-17MacquarieDowngradeNeutralUnderperform
    14-Nov-16BofA/MerrillUpgradeNeutralBuy
    10-Nov-16Keefe BruyetteUpgradeMkt PerformOutperform
    4-Nov-16MacquarieDowngradeOutperformNeutral
    28-Jun-16RBC Capital MktsDowngradeOutperformSector Perform
    27-Jun-16JP MorganDowngradeNeutralUnderweight
    13-Jun-16Keefe BruyetteDowngradeOutperformMkt Perform
    20-May-16BofA/MerrillUpgradeUnderperformNeutral
    5-Apr-16Exane BNP ParibasDowngradeNeutralUnderperform
    23-Feb-16MacquarieUpgradeUnderperformOutperform
    16-Feb-16JP MorganDowngradeOverweightNeutral
    5-Feb-16Morgan StanleyDowngradeOverweightEqual-Weight
    1-Jul-15Morgan StanleyUpgradeEqual-WeightOverweight
    6-Mar-15RBC Capital MktsDowngradeOutperformSector Perform
    14-Jun-11RBC Capital MktsInitiatedSector Perform
    2-Nov-09CitigroupUpgradeHoldBuy
    28-Jul-09FBR CapitalDowngradeMkt PerformUnderperform
    23-Jul-09Deutsche SecuritiesUpgradeHoldBuy
    15-Jul-09FBR CapitalInitiatedMkt Perform
    24-Apr-09UBSUpgradeSellNeutral
    3-Mar-09BernsteinDowngradeMkt PerformUnderperform
    10-Nov-08UBSDowngradeNeutralSell
    24-Oct-08Deutsche SecuritiesDowngradeBuyHold
    28-Apr-08Bear StearnsUpgradeUnderperformPeer Perform
    25-Mar-08UBSDowngradeBuyNeutral
    12-Mar-08Keefe BruyetteDowngradeOutperformMkt Perform
    30-Nov-07Bear StearnsDowngradePeer PerformUnderperform
    5-Nov-07Bear StearnsDowngradeOutperformPeer Perform
    5-Sep-07Lehman BrothersDowngradeOverweightEqual-weight
    16-Feb-07HSBC SecuritiesUpgradeNeutralOverweight
    13-Oct-06Deutsche SecuritiesDowngradeBuyHold
    28-Jun-01CSFBInitiatedBuy
    30-May-01Salomon Smth BrnyInitiatedBuy
    7-Sep-00Josephthal & CoUpgradeHoldBuy
    21-Aug-00Kaufman BrosInitiatedBuy
    29-Jun-00SG CowenInitiatedBuy
    29-Jun-00FAC/Eqts First AlbanyUpgradeNeutralBuy
    30-Mar-00Goldman SachsDowngradeMarket OutperformMarket Perform
    11-Feb-00Goldman SachsUpgradeMarket PerformMarket Outperform
    22-Nov-99Lehman BrothersUpgradeNeutralBuy
    2-Nov-99AG EdwardsUpgradeMaintain PositionBuy
    21-Sep-99Ferris BakerInitiatedStrong Buy
    21-Sep-99AG EdwardsDowngradeAccumulateMaintain Position
    28-May-99Hambrecht & QuistUpgradeMaintainBuy
    19-May-99SG CowenUpgradeNeutralBuy
    6-May-99NB MontgomeryUpgradeHoldBuy
    3-Dec-98Merrill LynchDowngradeNT AccumulateNT Neutral
    23-Nov-98Merrill LynchUpgradeNT NeutralNT Accumulate
    2-Oct-98AG EdwardsUpgradeMaintainAccumulate
    29-Sep-98BB Rbrtsn StphnsUpgradeLT AttractiveBuy
    17-Jul-98CS First BostonInitiatedHold
    27-Feb-98Deutsche MorganInitiatedHold
    26-Feb-98CIBC OppenheimerInitiatedHold

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