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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
29-Aug-16Axiom CapitalInitiatedSell
25-Aug-16William BlairUpgradeMkt PerformOutperform
19-Jul-16UBSDowngradeBuyNeutral
6-Jul-16JefferiesDowngradeHoldUnderperform
5-Jul-16NeedhamDowngradeBuyHold
1-Jul-16Canaccord GenuityInitiatedBuy
1-Apr-16Atlantic EquitiesUpgradeNeutralOverweight
12-Feb-16FBR CapitalDowngradeOutperformMkt Perform
2-Feb-16Piper JaffrayUpgradeNeutralOverweight
14-Jan-16Drexel HamiltonInitiatedBuy
4-Jan-16Robert W. BairdDowngradeOutperformNeutral
8-Oct-15BMO Capital MarketsInitiatedMarket Perform
4-Aug-15GuggenheimInitiatedBuy
16-Jul-15RosenblattUpgradeNeutralBuy
26-Jun-15MizuhoInitiatedNeutral
25-Jun-15CitigroupDowngradeBuyNeutral
5-May-15BofA/MerrillUpgradeUnderperformBuy
16-Apr-15FBR CapitalUpgradeMkt PerformOutperform
26-Mar-15ArgusInitiatedHold
22-Jan-15Pivotal Research GroupInitiatedBuy
14-Jan-15StifelUpgradeHoldBuy
16-Oct-14CRT CapitalDowngradeBuyFair Value
14-Oct-14BTIG ResearchUpgradeNeutralBuy
10-Sep-14Canaccord GenuityInitiatedBuy
26-Jun-14BarclaysInitiatedUnderweight
10-Jun-14EvercoreUpgradeEqual WeightOverweight
20-May-14Topeka Capital MarketsInitiatedBuy
17-Apr-14Pacific CrestUpgradeSector PerformOutperform
7-Apr-14OppenheimerUpgradePerformOutperform
7-Feb-14StifelUpgradeHoldBuy
23-Jan-14CRT CapitalUpgradeFair ValueBuy
1-Nov-13Robert W. BairdUpgradeNeutralOutperform
25-Oct-13FBR CapitalInitiatedMkt Perform
19-Sep-13CRT CapitalInitiatedFair Value
11-Sep-13BTIG ResearchDowngradeBuyNeutral
8-Aug-13Robert W. BairdInitiatedNeutral
23-Jul-13Cantor FitzgeraldDowngradeBuyHold
19-Jul-13Northland CapitalUpgradeUnder PerformMarket Perform
23-Apr-13National Alliance Capital MktsUpgradeAccumulateBuy
22-Apr-13B. Riley & Co.UpgradeSellNeutral
19-Apr-13National Alliance Capital MktsUpgradeMarket PerformAccumulate
15-Apr-13BTIG ResearchInitiatedBuy
22-Jan-13National Alliance Capital MktsInitiatedMarket Perform
6-Dec-12Caris & CompanyDowngradeAverageBelow Average
1-Nov-12OppenheimerDowngradeOutperformPerform
21-Sep-12Cantor FitzgeraldInitiatedBuy
21-Aug-12Caris & CompanyUpgradeBelow AverageAverage
3-Apr-12BarclaysDowngradeOverweightEqual Weight
26-Oct-11Hudson Square ResearchUpgradeHoldBuy
11-Oct-11Hudson Square ResearchUpgradeSellHold
16-Sep-11Caris & CompanyDowngradeAbove AverageAverage
26-Apr-11Maxim GroupUpgradeSellHold
23-Nov-10Caris & CompanyDowngradeAbove AverageAverage
21-Oct-10OppenheimerUpgradeUnderperformOutperform
14-Oct-10Dougherty & CompanyInitiatedNeutral
22-Jul-10Canaccord GenuityDowngradeBuyHold
15-Jun-10Stifel NicolausDowngradeBuyHold
14-May-10MerrimanDowngradeBuyNeutral
22-Apr-10CitigroupUpgradeHoldBuy
9-Apr-10WedbushDowngradeNeutralUnderperform
7-Apr-10Barclays CapitalDowngradeOverweightEqual Weight
10-Mar-10Canaccord AdamsInitiatedBuy
3-Mar-10Susquehanna FinancialDowngradePositiveNeutral
3-Mar-10Kaufman BrosDowngradeBuyHold
12-Feb-10BMO Capital MarketsInitiatedMarket Perform
28-Jan-10Wedbush MorganUpgradeUnderperformNeutral
28-Jan-10Jefferies & CoUpgradeHoldBuy
28-Jan-10FBR CapitalUpgradeMkt PerformOutperform
28-Jan-10MerrimanUpgradeNeutralBuy
4-Dec-09CitigroupDowngradeBuyHold
1-Dec-09MerrimanDowngradeBuyNeutral
17-Nov-09Collins StewartInitiatedBuy
16-Oct-09Caris & CompanyDowngradeBuyAbove Average
15-Sep-09JP MorganInitiatedOverweight
19-Aug-09Kaufman BrosUpgradeHoldBuy
24-Jul-09OppenheimerDowngradePerformUnderperform
24-Jul-09Wedbush MorganDowngradeOutperformNeutral
17-Jun-09Wedbush MorganUpgradeHoldBuy
15-Jun-09Caris & CompanyUpgradeAbove AverageBuy
5-Jun-09Credit SuisseInitiatedUnderperform
20-May-09WunderlichInitiatedBuy
19-May-09Lazard Capital MktsUpgradeSellHold
13-May-09OppenheimerInitiatedPerform
27-Apr-09CitigroupUpgradeHoldBuy
20-Apr-09Merriman Curhan FordInitiatedBuy
14-Apr-09Wedbush MorganDowngradeBuyHold
7-Apr-09Thomas WeiselInitiatedOverweight
25-Mar-09William BlairInitiatedMkt Perform
13-Mar-09Janney Mntgmy ScottDowngradeNeutralSell
4-Mar-09Stifel NicolausUpgradeSellHold
5-Feb-09NeedhamDowngradeHoldUnderperform
30-Jan-09Stifel NicolausDowngradeHoldSell
29-Jan-09Maxim GroupInitiatedSell
6-Jan-09Janney Mntgmy ScottInitiatedNeutral
8-Dec-08Stifel NicolausDowngradeBuyHold
1-Dec-08Friedman BillingsInitiatedMkt Perform
27-Oct-08Stifel NicolausUpgradeHoldBuy
30-Sep-08Stifel NicolausInitiatedHold
1-Jul-08NeedhamUpgradeUnderperformHold
20-May-08Lehman BrothersUpgradeEqual-WeightOverweight
7-May-08Kaufman BrosInitiatedHold
22-Apr-08Credit SuisseDowngradeOutperformNeutral
18-Apr-08SoleilDowngradeBuyHold
20-Mar-08Cantor FitzgeraldUpgradeHoldBuy
24-Jan-08UtendahlUpgradeUnder-weightEqual-weight
22-Jan-08JP MorganUpgradeUnderweightNeutral
3-Dec-07Piper JaffrayUpgradeNeutralBuy
9-Nov-07UtendahlInitiatedUnder-weight
15-Oct-07Wedbush MorganUpgradeHoldBuy
4-Sep-07Wedbush MorganUpgradeSellHold
24-Jul-07Needham & CoDowngradeBuyHold
24-Jul-07Cowen & CoDowngradeOutperformNeutral
24-Jul-07Lehman BrothersDowngradeOverweightEqual-weight
23-Jul-07Cantor FitzgeraldDowngradeBuyHold
23-Jul-07Jefferies & CoDowngradeBuyHold
15-Jun-07SoleilUpgradeHoldBuy
12-Jun-07CitigroupDowngradeHoldSell
11-Jun-07JP MorganDowngradeNeutralUnderweight
29-May-07Piper JaffrayDowngradeOutperformMarket Perform
20-Apr-07Banc of America SecUpgradeSellNeutral
19-Apr-07First AlbanyDowngradeBuyNeutral
4-Apr-07First AlbanyUpgradeNeutralBuy
29-Jan-07Roth CapitalDowngradeHoldSell
12-Jan-07JP MorganDowngradeOverweightNeutral
15-Dec-06First AlbanyInitiatedNeutral
14-Dec-06Banc of America SecInitiatedSell
28-Nov-06Cantor FitzgeraldInitiatedBuy
26-Oct-06Matrix ResearchDowngradeBuyHold
6-Sep-06JP MorganUpgradeUnderweightOverweight
26-Jul-06Roth CapitalUpgradeSellHold
22-Jun-06Lehman BrothersUpgradeEqual-weightOverweight
20-Jun-06SoleilDowngradeBuyHold
30-May-06Needham & CoInitiatedBuy
9-May-06Cowen & CoUpgradeNeutralOutperform
20-Jan-06Bear StearnsDowngradeOutperformPeer Perform
21-Dec-05CitigroupInitiatedBuy
28-Nov-05Thomas WeiselDowngradeOutperformPeer Perform
27-Oct-05First AlbanyUpgradeNeutralBuy
5-Oct-05Avondale PartnersDowngradeMkt OutperformMkt Perform
27-Sep-05Bear StearnsUpgradePeer PerformOutperform
4-Aug-05Jefferies & CoUpgradeHoldBuy
26-Jul-05CSFBUpgradeNeutralOutperform
26-Jul-05Piper JaffrayUpgradeMarket PerformOutperform
17-Jun-05Bear StearnsInitiatedPeer Perform
16-May-05Thomas WeiselUpgradePeer PerformOutperform
12-May-05Pacific Growth EquitiesUpgradeEqual WeightOver Weight
25-Feb-05Marquis Investment ResearchUpgradeSellHold
25-Jan-05Roth CapitalDowngradeNeutralSell
25-Jan-05Avondale PartnersUpgradeMkt PerformMkt Outperform
11-Jan-05Lehman BrothersInitiatedEqual-weight
8-Dec-04Roth CapitalUpgradeSellNeutral
15-Oct-04Smith Barney CitigroupDowngradeBuyHold
15-Oct-04CSFBDowngradeOutperformNeutral
15-Oct-04Marquis Investment ResearchDowngradeBuySell
15-Oct-04Jefferies & CoDowngradeBuyHold
15-Oct-04Piper JaffrayDowngradeOutperformMarket Perform
15-Oct-04Roth CapitalDowngradeBuySell
15-Oct-04Pacific Growth EquitiesDowngradeOver WeightEqual Weight
15-Oct-04WR HambrechtDowngradeHoldSell
1-Oct-04Roth CapitalUpgradeNeutralBuy
29-Sep-04Wedbush MorganInitiatedSell
13-Aug-04JP MorganInitiatedNeutral
19-Jul-04Thomas WeiselDowngradeOutperformPeer Perform
16-Jul-04Roth CapitalDowngradeBuyNeutral
16-Jul-04WR HambrechtDowngradeBuyHold
30-Jun-04Smith Barney CitigroupInitiatedBuy
24-Jun-04Jefferies & CoInitiatedBuy
18-May-04First AlbanyInitiatedBuy
11-May-04CSFBInitiatedOutperform
29-Mar-04Roth CapitalUpgradeNeutralBuy
24-Feb-04First AlbanyDowngradeBuyNeutral
21-Nov-03WR HambrechtInitiatedBuy
6-Oct-03Roth CapitalDowngradeBuyNeutral
29-Sep-03First AlbanyInitiatedBuy
3-Sep-03Pacific Growth EquitiesInitiatedOver Weight
17-Jun-02Thomas WeiselInitiatedBuy
17-Jun-02USB Piper JaffrayInitiatedOutperform
17-Jun-02Merrill LynchInitiatedNT Strong Buy/LT Strong Buy

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