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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    9-Mar-17GoldmanUpgradeSellBuy
    27-Jan-17Charter EquityUpgradeMkt UnderperformMkt Perform
    19-Jan-17GoldmanDowngradeNeutralSell
    16-Dec-16BofA/MerrillUpgradeNeutralBuy
    25-Oct-16JP MorganDowngradeOverweightNeutral
    13-Oct-16Natixis BleichroederDowngradeBuyNeutral
    26-Sep-16Credit SuisseUpgradeUnderperformNeutral
    20-Jul-16Charter EquityDowngradeMkt PerformMkt Underperform
    21-Jun-16GoldmanUpgradeSellNeutral
    21-Apr-16BofA/MerrillDowngradeBuyNeutral
    12-Apr-16Credit AgricoleInitiatedSell
    11-Mar-16Wells FargoInitiatedMarket Perform
    25-Sep-15LiberumUpgradeHoldBuy
    26-Aug-15Danske BankUpgradeSellHold
    4-Jun-15JP MorganUpgradeNeutralOverweight
    28-May-15CitigroupUpgradeNeutralBuy
    8-May-15BofA/MerrillUpgradeNeutralBuy
    5-May-15SwedbankUpgradeNeutralBuy
    28-Apr-15GoldmanDowngradeBuyNeutral
    25-Apr-14ArgusDowngradeBuyHold
    5-Mar-14RBC Capital MktsUpgradeSector PerformOutperform
    11-Dec-13MizuhoInitiatedBuy
    2-Apr-13RBC Capital MktsDowngradeOutperformSector Perform
    31-Jan-13Charter EquityUpgradeMkt PerformBuy
    31-Oct-12Cowen & CoUpgradeNeutralOutperform
    13-Sep-10Barclays CapitalUpgradeUnderweightEqual Weight
    25-May-10RBC Capital MktsUpgradeUnderperformSector Perform
    28-Apr-10RBC Capital MktsDowngradeSector PerformUnderperform
    14-Apr-10Credit SuisseUpgradeNeutralOutperform
    26-Mar-10JP MorganInitiatedUnderweight
    8-Dec-09HSBC SecuritiesUpgradeNeutralOverweight
    28-Oct-09UBSUpgradeSellNeutral
    8-Sep-09Deutsche SecuritiesUpgradeSellHold
    28-Jul-09UBSDowngradeNeutralSell
    12-Jun-09Barclays CapitalDowngradeEqual WeightUnderweight
    5-Jun-09Robert W. BairdInitiatedNeutral
    15-May-09UBSUpgradeSellNeutral
    1-May-09Charter EquityDowngradeBuyMkt Perform
    15-Apr-09Wedbush MorganInitiatedBuy
    22-Jan-09Charter EquityUpgradeMkt PerformBuy
    21-Jan-09Charter EquityUpgradeMkt PerformBuy
    13-Jan-09UBSDowngradeNeutralSell
    16-Dec-08Deutsche SecuritiesDowngradeHoldSell
    10-Dec-08CitigroupDowngradeBuyHold
    24-Nov-08Credit SuisseDowngradeOutperformUnderperform
    20-Oct-08Credit SuisseUpgradeNeutralOutperform
    6-Oct-08RBC Capital MktsDowngradeOutperformSector Perform
    5-Sep-08AmTech ResearchInitiatedNeutral
    1-Jul-08BernsteinInitiatedOutperform
    12-May-08RBC Capital MktsUpgradeSector PerformOutperform
    28-Apr-08Banc of America SecDowngradeBuyNeutral
    28-Apr-08Charter EquityUpgradeMkt UnderperformMkt Perform
    2-Apr-08HSBC SecuritiesDowngradeOverweightNeutral
    29-Oct-07Charter EquityDowngradeMkt PerformMkt Underperform
    17-Oct-07Lehman BrothersDowngradeOverweightEqual-weight
    26-Apr-07UBSDowngradeBuyNeutral
    2-Feb-07Charter EquityDowngradeBuyMarket Perform
    10-Jan-07Deutsche SecuritiesUpgradeHoldBuy
    8-Dec-06Banc of America SecUpgradeNeutralBuy
    1-Dec-06JP MorganInitiatedOverweight
    13-Nov-06RBC Capital MktsUpgradeSector PerformOutperform
    20-Oct-06PrudentialUpgradeNeutralOverweight
    22-Sep-06Cowen & CoInitiatedOutperform
    20-Sep-06CitigroupUpgradeHoldBuy

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