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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
21-Oct-16FBR & Co.UpgradeMkt PerformOutperform
1-Jun-16FBR CapitalDowngradeOutperformMkt Perform
9-Feb-16Keefe BruyetteDowngradeOutperformMkt Perform
22-Jul-13UBSInitiatedBuy
3-Jun-13StifelUpgradeHoldBuy
29-Nov-12FBR CapitalUpgradeMkt PerformOutperform
11-Sep-12MLV & CoInitiatedBuy
9-Mar-09Stifel NicolausUpgradeSellHold
13-Aug-08Friedman BillingsDowngradeOutperformMkt Perform
18-Mar-08KeyBanc Capital MktsDowngradeBuyHold
15-Aug-07Lehman BrothersDowngradeOverweightEqual-weight
3-Jul-07WachoviaUpgradeMkt PerformOutperform
11-Jun-07Stifel NicolausDowngradeBuyHold
3-Jan-07KeyBanc Capital Mkts / McDonaldInitiatedBuy
18-Dec-06KeyBanc Capital Mkts / McDonaldInitiatedBuy
23-Oct-06JMP SecuritiesUpgradeMkt OutperformStrong Buy
17-Oct-06WachoviaDowngradeOutperformMkt Perform
16-Oct-06Lehman BrothersInitiatedOverweight
4-Oct-06Stifel NicolausInitiatedBuy
12-Sep-06Credit SuisseInitiatedOutperform
17-Jul-06Banc of America SecDowngradeBuyNeutral
5-Apr-06WachoviaInitiatedOutperform
22-Feb-06Deutsche SecuritiesInitiatedBuy
2-Feb-06Banc of America SecInitiatedBuy
1-Mar-05JMP SecuritiesInitiatedMkt Outperform
14-Dec-04Friedman BillingsInitiatedOutperform

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