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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    27-Jun-16Raymond JamesUpgradeMkt PerformOutperform
    8-Apr-16CIBCUpgradeSector PerformSector Outperform
    23-Mar-16Deutsche BankDowngradeBuyHold
    22-Feb-16CIBCUpgradeSector UnderperformSector Perform
    28-Jan-16FBR CapitalDowngradeOutperformMkt Perform
    3-Nov-15BMO Capital MarketsDowngradeMarket PerformUnderperform
    18-Sep-15FBR CapitalInitiatedOutperform
    28-Feb-14Deutsche BankDowngradeBuyHold
    14-Jan-14Deutsche BankUpgradeHoldBuy
    25-Jun-13CowenDowngradeOutperformMarket Perform
    15-Apr-13BMO Capital MarketsDowngradeOutperformMarket Perform
    30-Mar-12Deutsche BankInitiatedBuy
    10-Jun-11Dahlman RoseInitiatedBuy
    10-Sep-10RBC Capital MktsUpgradeSector PerformOutperform
    11-Jun-10JefferiesInitiatedHold
    17-Feb-10RBC Capital MktsDowngradeOutperformSector Perform
    10-Nov-09Canaccord AdamsUpgradeHoldBuy
    13-Aug-09UBSUpgradeNeutralBuy
    24-Feb-09UBSInitiatedBuy
    16-Jan-09JP MorganDowngradeNeutralUnderweight
    30-Oct-08JP MorganDowngradeOverweightNeutral
    23-Feb-07UBSUpgradeNeutralBuy
    29-Jan-07JP MorganUpgradeNeutralOverweight
    29-Nov-06JP MorganInitiatedNeutral
    13-Nov-06CIBC Wrld MktsUpgradeSector PerformSector Outperform
    15-May-06CIBC Wrld MktsUpgradeSector UnderperformSector Perform
    2-Dec-99Merrill LynchDowngradeNT AccumNT Neutral
    23-Nov-99Merrill LynchInitiatedNT Accum/LT Accum
    4-Oct-99CIBC Wrld MktsDowngradeBuyHold

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