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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
11-Jul-16FBR CapitalUpgradeMkt PerformOutperform
5-Jul-16Morgan StanleyUpgradeEqual-WeightOverweight
11-Jan-16GoldmanUpgradeNeutralBuy
4-Jan-16Sandler O'NeillUpgradeHoldBuy
24-Nov-15Piper JaffrayInitiatedOverweight
23-Nov-15JefferiesUpgradeHoldBuy
9-Nov-15Deutsche BankDowngradeBuyHold
5-Nov-15SusquehannaUpgradeNeutralPositive
2-Nov-15Keefe BruyetteUpgradeMkt PerformOutperform
2-Nov-15CitigroupUpgradeNeutralBuy
30-Oct-15Standpoint ResearchInitiatedBuy
8-Sep-15BMO Capital MarketsInitiatedOutperform
20-Aug-15Sterne Agee CRTInitiatedBuy
12-Aug-15Keefe BruyetteUpgradeUnderperformMkt Perform
6-May-15Keefe BruyetteDowngradeMkt PerformUnderperform
3-Mar-15UBSInitiatedNeutral
20-Oct-14Deutsche BankUpgradeHoldBuy
11-Feb-13Stifel NicolausDowngradeHoldSell
9-Jan-13OppenheimerUpgradePerformOutperform
16-Nov-12MLV & CoInitiatedHold
8-Nov-11UBSInitiatedBuy
20-Jul-11RBC Capital MktsUpgradeSector PerformOutperform
11-Nov-10JefferiesInitiatedHold
13-Oct-10OppenheimerDowngradeOutperformPerform
21-May-10Stifel NicolausUpgradeSellHold
21-May-10Robert W. BairdUpgradeUnderperformNeutral
22-Apr-10RBC Capital MktsDowngradeTop PickSector Perform
13-Apr-10UBSDowngradeNeutralSell
8-Apr-10Robert W. BairdDowngradeNeutralUnderperform
26-Jan-10OppenheimerUpgradePerformOutperform
22-Jan-10Keefe BruyetteDowngradeOutperformMkt Perform
8-Oct-09UBSInitiatedNeutral
25-Sep-09Morgan KeeganInitiatedMkt Perform
23-Sep-09Wells FargoInitiatedMarket Perform
23-Sep-09Collins StewartInitiatedHold
4-Jun-09RBC Capital MktsUpgradeSector PerformTop Pick
21-May-09Credit SuisseInitiatedNeutral
28-Apr-09Deutsche SecuritiesInitiatedHold
22-Apr-09BMO Capital MarketsDowngradeOutperformMarket Perform
22-Apr-09CitigroupDowngradeBuyHold
30-Oct-08Ladenburg ThalmannUpgradeNeutralBuy
22-Sep-08BMO Capital MarketsUpgradeMarket PerformOutperform
19-Sep-08RBC Capital MktsUpgradeUnderperformSector Perform
31-Jul-08Robert W. BairdDowngradeOutperformNeutral
21-Jul-08Robert W. BairdUpgradeNeutralOutperform
17-Jun-08Sterne AgeeInitiatedHold
20-Feb-08RBC Capital MktsDowngradeSector PerformUnderperform
8-Jan-08Robert W. BairdInitiatedNeutral
27-Nov-07Punk, Ziegel & CoUpgradeSellMkt Perform
25-Apr-07Punk, Ziegel & CoDowngradeMkt PerformSell
12-Apr-07Deutsche SecuritiesInitiatedSell
1-Mar-07Stifel NicolausInitiatedHold
18-Aug-06AG EdwardsDowngradeHoldSell
25-Apr-06Ryan, Beck & CoUpgradeUnderperformMkt Perform
19-Apr-06CL KingDowngradeAccumulateNeutral
1-Mar-06Ryan, Beck & CoDowngradeMkt PerformUnderperform
23-Jan-06Harris NesbittUpgradeNeutralOutperform
15-Dec-05UBSUpgradeNeutralBuy
29-Sep-05CL KingInitiatedAccumulate
14-Jul-05OppenheimerUpgradeSellNeutral
19-Apr-05Keefe BruyetteUpgradeUnderperformMkt Perform
24-Mar-05Morgan StanleyUpgradeUnderweightEqual-weight
23-Mar-05PrudentialDowngradeNeutralUnderweight
15-Mar-05Harris NesbittInitiatedNeutral
11-Mar-05Ryan, Beck & CoInitiatedMkt Perform
24-Jan-05AdvestUpgradeNeutralBuy
7-Jan-05UBSInitiatedNeutral
8-Nov-04OppenheimerDowngradeNeutralSell
5-May-04Morgan StanleyDowngradeEqual-weightUnderweight
30-Apr-04Banc of America SecInitiatedNeutral
17-Dec-03Morgan StanleyInitiatedEqual-weight
10-Nov-03OppenheimerDowngradeBuyNeutral
15-Sep-03Advest IncInitiatedNeutral
5-Sep-03Deutsche SecuritiesInitiatedHold
6-Jun-03AG EdwardsDowngradeBuyHold
16-Jan-03RBC Capital MktsDowngradeOutperformSector Perform
4-Oct-02Robert W. BairdInitiatedNeutral
24-Sep-02FulcrumInitiatedBuy
25-Jul-02AG EdwardsUpgradeHoldStrong Buy
22-Feb-02JP MorganUpgradeMkt PerformBuy
18-Jan-02CIBC Wrld MktsUpgradeHoldBuy
17-Jan-02CIBC Wrld MktsUpgradeHoldBuy
6-Dec-01FahnestockInitiatedBuy
15-Nov-01RBC Capital MktsInitiatedBuy
10-Aug-01Raymond JamesInitiatedMkt Perform
18-Apr-01CIBC Wrld MktsDowngradeStrong BuyHold
8-Mar-01PrudentialInitiatedSell
13-Oct-00CSFBInitiatedHold
6-Sep-00CIBC Wrld MktsUpgradeHoldStrong Buy
25-Jul-00Mrgn Stnly Dn WttrDowngradeOutperformNeutral
25-Apr-00Warburg Dillon ReadInitiatedHold
6-Apr-00PrudentialInitiatedHold
30-Mar-00Warburg Dillon ReadDowngradeBuyHold
15-Oct-99Pacific CrestInitiatedMarket Perform
15-Apr-99CSFBDowngradeBuyHold
5-Mar-99DLJInitiatedMkt Perform
16-Oct-98FAC/Eqts Fst AlbanyDowngradeBuyNeutral

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