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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    16-Sep-16Keefe BruyetteUpgradeUnderperformMkt Perform
    2-Jun-16CitigroupDowngradeNeutralSell
    19-Jan-16BernsteinDowngradeOutperformMkt Perform
    17-Dec-15Sandler O'NeillUpgradeSellHold
    16-Nov-15GoldmanDowngradeNeutralSell
    6-Nov-15Credit SuisseDowngradeNeutralUnderperform
    16-Sep-15JMP SecuritiesInitiatedMkt Outperform
    20-Jul-15Deutsche BankDowngradeHoldSell
    22-Jun-15Raymond JamesUpgradeMkt PerformOutperform
    30-Apr-15UBSUpgradeNeutralBuy
    16-Jun-14Deutsche BankUpgradeSellHold
    2-Oct-13BarclaysDowngradeEqual WeightUnderweight
    14-Mar-13RBC Capital MktsDowngradeOutperformSector Perform
    14-Feb-13BarclaysDowngradeOverweightEqual Weight
    2-Jul-12Deutsche BankDowngradeHoldSell
    9-Aug-11Barclays CapitalUpgradeEqual WeightOverweight
    21-Jun-11TiconderogaUpgradeNeutralBuy
    13-Oct-10RBC Capital MktsInitiatedOutperform
    15-Apr-10Credit SuisseUpgradeUnderperformNeutral
    29-Mar-10OppenheimerUpgradeUnderperformPerform
    26-Mar-10JP MorganUpgradeUnderweightNeutral
    26-Mar-10FBR CapitalUpgradeMkt PerformOutperform
    25-Mar-10Janney Mntgmy ScottUpgradeNeutralBuy
    9-Mar-10CitigroupInitiatedHold
    22-Jun-09FBR CapitalDowngradeOutperformMkt Perform
    16-Apr-09ArgusUpgradeHoldBuy
    27-Mar-09Piper JaffrayInitiatedNeutral
    16-Dec-08CitigroupDowngradeHoldSell
    12-Nov-08CitigroupUpgradeSellHold
    14-Oct-08UBSUpgradeSellNeutral
    2-Jun-08Friedman BillingsUpgradeMkt PerformOutperform
    28-May-08Lehman BrothersUpgradeUnderweightEqual-Weight
    20-May-08WachoviaUpgradeUnderperformMkt Perform
    4-Jan-08Stifel NicolausUpgradeHoldBuy
    10-Oct-07Banc of America SecInitiatedNeutral
    8-Oct-07WachoviaDowngradeMkt PerformUnderperform
    23-Jul-07Stifel NicolausUpgradeSellHold
    15-Jun-07Stifel NicolausDowngradeHoldSell
    15-May-07UBSInitiatedReduce
    12-Apr-07KeyBanc Capital Mkts / McDonaldUpgradeHoldBuy
    23-Mar-07Friedman BillingsUpgradeUnderperformMkt Perform
    18-Jan-07Calyon SecuritiesUpgradeNeutralAdd
    18-Jan-07Goldman SachsDowngradeNeutralSell
    2-Nov-06Lehman BrothersDowngradeOverweightEqual-weight
    18-Oct-06HSBC SecuritiesUpgradeNeutralOverweight
    18-Aug-06HSBC SecuritiesUpgradeUnderweightNeutral
    17-Aug-06Morgan StanleyUpgradeUnderweightEqual-weight
    7-Aug-06AG EdwardsDowngradeBuyHold
    19-Jan-06Sandler O'NeillUpgradeHoldBuy
    17-Oct-05Legg MasonDowngradeBuyHold
    13-Oct-05AG EdwardsUpgradeHoldBuy
    27-Sep-05Morgan StanleyDowngradeEqual-weightUnderweight
    16-Sep-05Bear StearnsInitiatedPeer Perform
    18-Aug-05Stanford ResearchDowngradeHoldSell
    17-Jun-05KeyBanc Capital Mkts / McDonaldDowngradeBuyHold
    17-Feb-05KeyBanc Capital Mkts / McDonaldUpgradeHoldBuy
    3-Jan-05BernsteinUpgradeMkt PerformOutperform
    21-Dec-04StanfordInitiatedHold
    16-Dec-04Friedman BillingsDowngradeMkt PerformUnderperform
    10-Nov-04KeyBanc Capital Mkts / McDonaldDowngradeBuyHold
    9-Nov-04BernsteinDowngradeOutperformMkt Perform
    1-Nov-04Sanders Morris HarrisDowngradeBuyHold
    14-Sep-04Banc of America SecInitiatedNeutral
    11-Aug-04Friedman BillingsUpgradeUnderperformMkt Perform
    5-Aug-04Legg MasonInitiatedBuy
    10-Jun-04Morgan StanleyUpgradeUnderweightEqual-weight
    23-Apr-04UBSDowngradeNeutralReduce
    15-Apr-04KeyBanc Capital Mkts / McDonaldUpgradeHoldBuy
    19-Mar-04Lehman BrothersUpgradeUnderweightOverweight
    15-Mar-04PrudentialUpgradeUnderweightNeutral
    7-Jan-04Friedman BillingsDowngradeMkt PerformUnderperform
    12-Sep-03Keefe BruyetteDowngradeMkt PerformUnderperform
    21-Aug-03McDonald InvstDowngradeBuyHold
    21-Aug-03PrudentialInitiatedHold
    13-Aug-03Lehman BrothersInitiatedUnderweight
    18-Jul-03AG EdwardsDowngradeBuyHold
    29-Apr-03Morgan StanleyDowngradeEqual-weightUnderweight
    15-Apr-03CSFBDowngradeOutperformNeutral
    11-Feb-03JP MorganInitiatedNeutral
    24-Jan-03Morgan StanleyUpgradeUnderweightEqual-weight
    18-Jul-02BernsteinDowngradeMkt PerformUnderperform
    21-Mar-02Friedman BillingsDowngradeAccumulateMkt Perform
    28-Jun-01ABN AMROInitiatedHold
    10-May-01CSFBDowngradeStrong BuyBuy
    19-Apr-01Bear StearnsUpgradeNeutralAttractive
    19-Apr-01Friedman BillingsUpgradeMkt PerformAccumulate
    22-Mar-01Keefe BruyetteUpgradeUnderperformMkt Perform
    20-Mar-01Friedman BillingsUpgradeMkt UnderperformMkt Perform
    5-Dec-00Deutsche Bc Alex. BrInitiatedMkt Perform
    1-Nov-00Legg MasonDowngradeMkt PerformUnderperform
    19-Oct-00CSFBUpgradeBuyStrong Buy
    14-Sep-00Mrgn Stnly Dn WttrInitiatedNeutral
    17-Aug-00Wasserstein PerellaInitiatedHold
    2-Jun-00CSFBDowngradeStrong BuyBuy
    16-May-00Goldman SachsUpgradeMarket PerformMarket Outperform
    19-Apr-00Bear StearnsDowngradeBuyNeutral
    19-Apr-00JP MorganUpgradeLT BuyBuy
    7-Apr-00Legg MasonInitiatedMkt Perform
    3-Apr-00Friedman BillingsInitiatedMarket Perform
    23-Feb-00Advest IncInitiatedMarket Perform
    15-Feb-00CSFBUpgradeBuyStrong Buy
    1-Feb-00Lehman BrothersInitiatedNeutral
    13-Jan-00Warburg Dillon ReadInitiatedHold
    30-Aug-99JP MorganDowngradeBuyLT Buy
    5-Mar-99JP MorganInitiatedBuy
    9-Feb-99Bear StearnsInitiatedBuy
    27-Jan-99McDonald InvstUpgradeBuyAggressive Buy
    26-Jan-99Goldman SachsDowngradeMkt OutperformMkt Perform
    12-Jan-99ING Brng Frmn SelzDowngradeBuyHold
    6-Jan-99DLJDowngradeBuyMkt Perform
    16-Dec-98Goldman SachsInitiatedMkt Outperform
    3-Nov-98Salomon Smth BrnyDowngradeBuyNeutral
    3-Nov-98ING Brng Frmn SelzDowngradeStrong BuyBuy
    2-Nov-98AG EdwardsDowngradeAccumulateMaintain
    19-Oct-98CS First BostonDowngradeStrong BuyBuy
    16-Oct-98Salomon Smth BrnyUpgradeOutperformBuy
    16-Oct-98Merrill LynchUpgradeNT NeutralNT Accumulate
    16-Oct-98ING Barings Fm SelzUpgradeBuyStrong Buy
    14-Sep-98CS First BostonUpgradeBuyStrong Buy
    7-Aug-98AG EdwardsUpgradeMaintainAccumulate
    15-Jul-98PaineWebberInitiatedNeutral

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