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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    31-Jan-17Morgan StanleyDowngradeOverweightEqual-Weight
    10-Jan-17Loop CapitalInitiatedHold
    6-Jan-17WedbushUpgradeNeutralOutperform
    30-Sep-16ArgusDowngradeBuyHold
    30-Sep-16CitigroupDowngradeBuyNeutral
    30-Sep-16HSBC SecuritiesInitiatedBuy
    26-Sep-16Societe GeneraleInitiatedBuy
    15-Sep-16GoldmanDowngradeBuyNeutral
    14-Sep-16CLSADowngradeOutperformUnderperform
    9-Sep-16WedbushInitiatedNeutral
    8-Aug-16NomuraDowngradeBuyNeutral
    12-Jul-16Pacific CrestInitiatedOverweight
    12-Jul-16SunTrustDowngradeBuyNeutral
    17-Dec-15Sterne Agee CRTInitiatedNeutral
    16-Oct-15Cantor FitzgeraldInitiatedBuy
    10-Sep-15Sun Trust Rbsn HumphreyInitiatedBuy
    6-Jul-15Credit AgricoleUpgradeOutperformBuy
    3-Mar-15ArgusInitiatedBuy
    14-Jan-15Monness Crespi & HardtInitiatedBuy
    2-Apr-14UBSUpgradeNeutralBuy
    17-Oct-13Tigress FinancialInitiatedBuy
    18-Sep-13BarclaysUpgradeEqual WeightOverweight
    2-Apr-13UBSInitiatedNeutral
    8-May-12Robert W. BairdUpgradeNeutralOutperform
    7-May-12NeedhamDowngradeStrong BuyBuy
    28-Feb-12RBC Capital MktsInitiatedOutperform
    7-Oct-11Deutsche BankInitiatedBuy
    7-Jan-11Barclays CapitalDowngradeOverweightEqual Weight
    22-Dec-10BB&T Capital MktsInitiatedBuy
    4-Nov-09Wells FargoUpgradeMarket PerformOutperform
    24-Sep-09Robert W. BairdInitiatedOutperform
    14-Sep-09Kaufman BrosUpgradeHoldBuy
    14-Jul-09Deutsche SecuritiesInitiatedBuy
    27-Mar-09Stifel NicolausDowngradeBuyHold
    2-Mar-09WachoviaDowngradeMkt PerformUnderperform
    19-Sep-08WachoviaDowngradeOutperformMkt Perform
    10-Jan-08Kaufman BrosInitiatedHold
    6-Dec-07Friedman BillingsInitiatedMkt Perform
    7-Nov-07RBC Capital MktsDowngradeOutperformSector Perform
    19-Oct-07Credit SuisseInitiatedOutperform
    4-Oct-07CIBC Wrld MktsInitiatedSector Outperform
    12-Sep-07BernsteinUpgradeMkt PerformOutperform
    19-Jul-07Susquehanna FinancialUpgradeNeutralPositive
    11-Apr-07Piper JaffrayDowngradeOutperformMarket Perform
    23-Feb-07Matrix ResearchUpgradeHoldBuy
    18-Dec-06HSBC SecuritiesDowngradeOverweightUnderweight
    3-Nov-06Robert W. BairdDowngradeOutperformNeutral
    15-Aug-06Credit SuisseInitiatedOutperform
    15-Jun-06Clear Asset MngmtInitiatedHold
    24-May-06Susquehanna FinancialInitiatedNeutral
    12-Apr-06Goldman SachsUpgradeIn-LineOutperform
    9-Feb-06Stifel NicolausUpgradeHoldBuy
    23-Dec-05SoleilInitiatedHold
    16-Dec-05Stifel NicolausDowngradeBuyHold
    29-Jul-05Robert W. BairdUpgradeNeutralOutperform
    13-May-05JP MorganInitiatedOverweight
    20-Apr-05UBSUpgradeNeutralBuy
    8-Mar-05UBSDowngradeBuyNeutral
    1-Mar-05PrudentialInitiatedOverweight
    15-Feb-05Raymond JamesInitiatedMkt Perform
    15-Feb-05FulcrumDowngradeBuyNeutral
    11-Feb-05Morgan StanleyUpgradeEqual-weightOverweight
    24-Jan-05Legg MasonUpgradeHoldBuy
    9-Dec-04Piper JaffrayInitiatedOutperform
    27-Oct-04Caris & CompanyUpgradeAbove AverageBuy
    12-Oct-04Robert W. BairdInitiatedNeutral
    6-Oct-04Goldman SachsDowngradeOutperformIn-Line
    14-Sep-04Caris & CompanyDowngradeBuyAverage
    29-Jun-04Legg MasonDowngradeBuyHold
    18-May-04Legg MasonUpgradeHoldBuy
    17-May-04Smith Barney CitigroupUpgradeHoldBuy
    19-Feb-04Caris & CompanyInitiatedBuy
    5-Jan-04Janney Mntgmy ScottUpgradeHoldBuy
    3-Sep-03Janney Mntgmy ScottDowngradeBuyHold
    9-Apr-03WachoviaInitiatedOutperform
    31-Mar-03Morgan StanleyInitiatedUnderweight
    4-Feb-03Janney Mntgmy ScottUpgradeHoldBuy
    3-Feb-03Legg MasonUpgradeHoldBuy
    31-Jan-03Punk, Ziegel & CoUpgradeMkt PerformBuy
    8-Nov-02Janney Mntgmy ScottDowngradeBuyHold
    16-Oct-02Punk, Ziegel & CoDowngradeBuyAccumulate
    10-Sep-02Legg MasonDowngradeBuyHold
    26-Jun-02Janney Mntgmy ScottInitiatedBuy
    31-Jan-02Legg MasonUpgradeBuyStrong Buy
    20-Dec-01Goldman SachsInitiatedMkt Outperform
    18-Dec-01Bear StearnsInitiatedAttractive
    27-Nov-01Legg MasonUpgradeMkt PerformBuy
    20-Sep-01Legg MasonDowngradeBuyMkt Perform
    23-Aug-01CSFBInitiatedBuy
    16-Aug-01Dain Rauscher WesselsInitiatedBuy
    12-Jul-01Legg MasonInitiatedBuy
    19-Jun-01Salomon Smth BrnyInitiatedOutperform
    6-Jun-01UBS WarburgInitiatedBuy
    24-May-01Jefferies & CoInitiatedBuy
    18-Apr-01Adams HarknessDowngradeStrong BuyBuy
    12-Apr-01Robertson StephensDowngradeStrong BuyBuy
    8-Dec-00CIBC Wrld MktsInitiatedStrong Buy
    3-Nov-00Jefferies & CoInitiatedBuy
    20-Oct-99BB Rbrtsn StphnsUpgradeBuyStrong Buy
    18-Oct-99SG CowenInitiatedBuy
    15-Jul-98BA Rbrtsn StphnsInitiatedBuy
    14-Jul-98Adams HarknessInitiatedBuy

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