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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    13-Jun-16MizuhoUpgradeUnderperformNeutral
    6-Jun-16GoldmanInitiatedNeutral
    6-May-16MizuhoDowngradeNeutralUnderperform
    6-May-16Leerink PartnersDowngradeOutperformMkt Perform
    6-May-16Piper JaffrayDowngradeOverweightNeutral
    21-Apr-16JMP SecuritiesInitiatedMkt Outperform
    18-Mar-16RBC Capital MktsDowngradeTop PickOutperform
    21-Jan-16BarclaysInitiatedEqual Weight
    16-Nov-15MizuhoDowngradeBuyNeutral
    13-Nov-15Standpoint ResearchUpgradeHoldBuy
    9-Oct-15MizuhoInitiatedBuy
    29-Sep-15NomuraInitiatedBuy
    1-Sep-15Morgan StanleyDowngradeOverweightEqual-Weight
    17-Jul-15RBC Capital MktsUpgradeOutperformTop Pick
    3-Jun-15Raymond JamesInitiatedMkt Perform
    2-Sep-14RBC Capital MktsInitiatedOutperform
    27-Jun-14Canaccord GenuityInitiatedBuy
    30-Apr-14National Alliance SecuritiesInitiatedBuy
    6-Nov-13NeedhamUpgradeUnderperformHold
    30-Oct-13FBR CapitalInitiatedMkt Perform
    6-Jun-13Cantor FitzgeraldDowngradeHoldSell
    10-Apr-13Standpoint ResearchDowngradeBuyHold
    31-Jan-13OppenheimerDowngradeOutperformPerform
    14-Dec-12NeedhamDowngradeHoldUnderperform
    5-Oct-12RBC Capital MktsDowngradeOutperformSector Perform
    2-May-12Cantor FitzgeraldDowngradeBuyHold
    6-Jan-12William BlairInitiatedOutperform
    1-Apr-11Standpoint ResearchDowngradeBuyHold
    25-Oct-10Collins StewartUpgradeHoldBuy
    29-Sep-10OppenheimerUpgradePerformOutperform
    17-Sep-10RBC Capital MktsInitiatedSector Perform
    26-Feb-10Standpoint ResearchInitiatedBuy
    8-Dec-09Barclays CapitalDowngradeOverweightEqual Weight
    7-Dec-09OppenheimerDowngradeOutperformPerform
    5-Oct-09OppenheimerUpgradePerformOutperform
    2-Oct-09Jefferies & CoInitiatedBuy
    31-Jul-09Piper JaffrayUpgradeNeutralOverweight
    20-Jul-09CitigroupInitiatedBuy
    2-Jun-09Thomas WeiselInitiatedOverweight
    30-Apr-09OppenheimerDowngradeOutperformPerform
    23-Apr-09RBC Capital MktsInitiatedSector Perform
    26-Mar-09Wedbush MorganInitiatedHold
    16-Mar-09Caris & CompanyUpgradeAverageAbove Average
    12-Mar-09Piper JaffrayInitiatedNeutral
    25-Feb-09Credit SuisseInitiatedNeutral
    6-Jan-09Cowen & CoDowngradeOutperformNeutral
    6-Jan-09Caris & CompanyDowngradeAbove AverageAverage
    5-Jan-09Caris & CompanyDowngradeBuyAbove Average
    18-Dec-08OppenheimerInitiatedOutperform
    11-Dec-08SoleilInitiatedBuy
    31-Oct-08RBC Capital MktsUpgradeSector PerformOutperform
    25-Sep-08Stanford ResearchInitiatedBuy
    16-Sep-08UBSUpgradeNeutralBuy
    21-Aug-08Caris & CompanyInitiatedAbove Average
    2-May-08Roth CapitalDowngradeBuyHold
    1-May-08Robert W. BairdDowngradeOutperformNeutral
    27-Mar-08Susquehanna FinancialUpgradeNeutralPositive
    6-Mar-08Roth CapitalUpgradeHoldBuy
    5-Mar-08Lazard CapitalDowngradeBuyHold
    24-Jan-08Pacific Growth EquitiesUpgradeNeutralBuy
    18-Jan-08CitigroupUpgradeSellHold
    4-Oct-07Jefferies & CoDowngradeBuyHold
    2-Aug-07UBSDowngradeBuyNeutral
    12-Jul-07RBC Capital MktsDowngradeOutperformSector Perform
    29-Jun-07Roth CapitalInitiatedBuy
    17-Apr-07Friedman BillingsDowngradeOutperformMkt Perform
    29-Mar-07UBSInitiatedBuy
    1-Feb-07First AlbanyInitiatedStrong Buy
    9-Jan-07Jefferies & CoUpgradeHoldBuy
    12-Dec-06WR HambrechtDowngradeBuyHold
    7-Dec-06Am Tech/JSA ResearchInitiatedBuy
    21-Nov-06Susquehanna FinancialDowngradePositiveNeutral
    17-Nov-06Lazard CaptialInitiatedBuy
    16-Nov-06Robert W. BairdUpgradeNeutralOutperform
    18-Oct-06Leerink SwannDowngradeOutperformMkt Perform
    18-Oct-06CitigroupDowngradeHoldSell
    8-Sep-06Susquehanna FinancialInitiatedPositive
    8-Sep-06CitigroupDowngradeBuyHold
    29-Aug-06Jefferies & CoDowngradeBuyHold
    26-Jun-06RBC Capital MktsUpgradeSector PerformOutperform
    26-Jun-06OppenheimerUpgradeNeutralBuy
    26-Jun-06JP MorganUpgradeNeutralOverweight
    20-Jun-06UBSInitiatedNeutral
    6-Jun-06OppenheimerDowngradeBuyNeutral
    2-Jun-06Bear StearnsInitiatedPeer Perform
    2-Jun-06SoleilInitiatedHold
    16-May-06Piper JaffrayInitiatedOutperform
    22-Mar-06Matrix ResearchUpgradeBuyStrong Buy
    16-Feb-06Lehman BrothersInitiatedOverweight
    8-Feb-06WR HambrechtUpgradeHoldBuy
    2-Feb-06RBC Capital MktsDowngradeOutperformSector Perform
    30-Nov-05First AlbanyDowngradeStrong BuyBuy
    21-Oct-05WachoviaUpgradeMkt PerformOutperform
    6-Oct-05First AlbanyUpgradeNeutralStrong Buy
    12-Jul-05William BlairUpgradeMkt PerformOutperform
    12-Jul-05Smith Barney CitigroupUpgradeHoldBuy
    1-Apr-05First AlbanyInitiatedNeutral
    15-Mar-05AdvestUpgradeNeutralBuy
    2-Mar-05RBC Capital MktsInitiatedOutperform
    21-Dec-04OppenheimerInitiatedBuy
    21-Dec-04Smith Barney CitigroupDowngradeBuyHold
    29-Oct-04Friedman BillingsInitiatedOutperform
    13-Oct-04Smith Barney CitigroupInitiatedBuy
    24-Sep-04CE Unterberg TowbinInitiatedBuy
    19-May-04Buckingham ResearchUpgradeAccumulateStrong Buy
    14-Apr-04Jefferies & CoUpgradeHoldBuy
    27-Feb-04Buckingham ResearchInitiatedAccumulate
    13-Jan-04William BlairInitiatedMkt Perform
    9-Jan-04JP MorganDowngradeOverweightNeutral
    5-Jan-04JP MorganUpgradeUnderweightOverweight
    3-Dec-03Wells Fargo SecInitiatedHold
    24-Oct-03Smith Barney CitigroupUpgradeHoldBuy
    14-Jul-03Bear StearnsInitiatedPeer Perform
    5-May-03Jefferies & CoDowngradeBuyHold
    25-Apr-03Smith Barney CitigroupDowngradeOutperformIn-line
    28-Oct-02JP MorganDowngradeNeutralUnderweight
    25-Jun-02Wachovia SecDowngradeBuyHold
    31-May-02JP MorganDowngradeBuyLT Buy
    23-Oct-01Wachovia SecInitiatedBuy
    23-Oct-01Salomon Smth BrnyInitiatedBuy
    23-Oct-01JP MorganInitiatedBuy

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