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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    3-Feb-17BerenbergDowngradeBuyHold
    4-Jan-17BofA/MerrillUpgradeNeutralBuy
    21-Sep-16JefferiesInitiatedHold
    13-Sep-16CitigroupInitiatedBuy
    14-Jun-16BerenbergInitiatedBuy
    24-Mar-16BofA/MerrillDowngradeBuyNeutral
    30-Jul-15Credit AgricoleDowngradeBuyOutperform
    6-Jul-15Credit AgricoleUpgradeOutperformBuy
    26-Nov-13RBC Capital MktsInitiatedOutperform
    10-Jan-13Stifel NicolausUpgradeHoldBuy
    19-Nov-12UBSUpgradeNeutralBuy
    6-Dec-11Deutsche BankInitiatedBuy
    10-Aug-11DavenportUpgradeNeutralBuy
    29-Jul-11Stifel NicolausUpgradeHoldBuy
    26-Apr-11ArgusDowngradeBuyHold
    23-Sep-10Stifel NicolausDowngradeBuyHold
    21-Sep-09Credit SuisseDowngradeOutperformNeutral
    15-Dec-08JP MorganUpgradeNeutralOverweight
    25-Jun-08CitigroupInitiatedBuy
    16-Apr-08JP MorganDowngradeOverweightNeutral
    18-Mar-08UBSInitiatedBuy
    13-Feb-08Stifel NicolausInitiatedBuy
    22-Oct-07UBSUpgradeNeutralBuy
    18-May-07Matrix ResearchDowngradeStrong BuyBuy
    16-Mar-07Matrix ResearchDowngradeStrong BuyBuy
    6-Mar-07Deutsche SecuritiesUpgradeHoldBuy
    19-Jan-07Deutsche SecuritiesDowngradeBuyHold
    15-Nov-06Goldman SachsUpgradeNeutralBuy
    26-Oct-06AG EdwardsUpgradeHoldBuy
    20-Oct-06Credit SuisseInitiatedOutperform
    13-Oct-06UBSUpgradeReduceNeutral
    26-Sep-06AG EdwardsDowngradeBuyHold
    17-Nov-05Goldman SachsDowngradeOutperformIn-Line
    18-Nov-04Goldman SachsUpgradeIn-LineOutperform
    18-Nov-04PrudentialUpgradeNeutralOverweight
    14-May-04UBSUpgradeReduceNeutral
    13-May-04Goldman SachsDowngradeOutperformIn-Line
    12-Mar-04PrudentialDowngradeOverweightNeutral
    16-Jan-04UBSDowngradeNeutralReduce
    20-Nov-03JP MorganInitiatedOverweight
    27-May-03UBS WarburgDowngradeBuyNeutral
    22-May-03CSFBUpgradeNeutralOutperform
    16-Apr-03Merrill LynchUpgradeNeutralBuy
    1-Apr-03CSFBInitiatedNeutral
    10-Dec-02Deutsche SecuritiesInitiatedBuy
    15-Oct-02Goldman SachsUpgradeMkt OutperformRecomm List
    8-Oct-02Merrill LynchDowngradeBuyNeutral
    29-May-02Merrill LynchInitiatedNT Strong Buy/LT Str
    30-Apr-02Salomon Smth BrnyInitiatedBuy
    21-Mar-02Lehman BrothersInitiatedBuy
    30-Oct-01Goldman SachsDowngradeRecomm ListMkt Outperform
    21-Oct-99First Union SecDowngradeBuyHold
    23-Sep-99Mrgn Stnly Dn WttrUpgradeOutperformStrong Buy
    9-Sep-99Sanford BernsteinInitiatedOutperform
    9-Jun-99Mrgn Stnly Dn WttrUpgradeNeutralOutperform
    31-Mar-99Mrgn Stnly Dn WttrDowngradeStrong BuyNeutral
    18-Jun-98Merrill LynchUpgradeNeutralAccumulate
    8-Jun-98Goldman SachsUpgradeMkt PerformRecomm List
    6-Apr-98Merrill LynchDowngradeNT Attrac/LT BuyNT Ntrl/LT Attra
    20-Mar-98CS First BostonInitiatedBuy

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