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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    25-Jan-17CitigroupDowngradeBuyNeutral
    16-Dec-16GuggenheimInitiatedNeutral
    6-Dec-16MacquarieInitiatedNeutral
    30-Nov-16JP MorganUpgradeNeutralOverweight
    13-Sep-16SunTrustInitiatedBuy
    3-May-16JP MorganDowngradeOverweightNeutral
    4-Mar-16Wells FargoDowngradeOutperformMarket Perform
    24-Feb-16Deutsche BankInitiatedHold
    26-Jan-16StifelUpgradeHoldBuy
    4-Jan-16CitigroupUpgradeNeutralBuy
    6-Nov-15Pacific CrestDowngradeOverweightSector Weight
    5-Oct-15MacquarieUpgradeNeutralOutperform
    2-Mar-15RBC Capital MktsDowngradeTop PickOutperform
    17-May-13BarclaysInitiatedOverweight
    4-Dec-12RBC Capital MktsUpgradeOutperformTop Pick
    27-Jul-12Stifel NicolausUpgradeHoldBuy
    27-Mar-12Canaccord GenuityInitiatedBuy
    20-Dec-11Stifel NicolausInitiatedHold
    6-Jul-11WedbushInitiatedNeutral
    17-Dec-09Deutsche BankInitiatedBuy
    18-May-09RBC Capital MktsUpgradeSector PerformOutperform
    24-Apr-09Piper JaffrayInitiatedNeutral
    23-Apr-09BenchmarkInitiatedBuy
    6-Apr-09RBC Capital MktsDowngradeOutperformSector Perform
    18-Dec-08JP MorganUpgradeNeutralOverweight
    9-Sep-08Piper JaffrayInitiatedBuy
    3-Jul-08RBC Capital MktsUpgradeSector PerformOutperform
    4-Jun-08RBC Capital MktsDowngradeOutperformSector Perform
    11-Apr-08SoleilUpgradeHoldBuy
    14-Feb-08Jefferies & CoInitiatedBuy
    3-Oct-06JP MorganInitiatedUnderweight
    8-Jun-06Bear StearnsUpgradePeer PerformOutperform
    11-May-06SoleilDowngradeHoldSell
    2-Mar-06SoleilInitiatedHold
    23-Feb-06Bear StearnsDowngradeOutperformPeer Perform
    16-Nov-05Goldman SachsInitiatedIn-Line
    13-Oct-05RBC Capital MktsUpgradeSector PerformOutperform
    5-Oct-05Morgan StanleyInitiatedOverweight
    3-Aug-05Friedman BillingsDowngradeOutperformMkt Perform
    3-Aug-05RBC Capital MktsDowngradeOutperformSector Perform
    2-Aug-05Deutsche SecuritiesUpgradeHoldBuy
    6-Jul-05Bear StearnsUpgradePeer PerformOutperform
    30-Jun-05Raymond JamesDowngradeOutperformMkt Perform
    3-Jun-05Deutsche SecuritiesInitiatedHold
    25-Feb-05WachoviaInitiatedOutperform
    1-Nov-04Friedman BillingsUpgradeMkt PerformOutperform
    20-Jul-04Lehman BrothersInitiatedOverweight
    25-May-04Raymond JamesUpgradeMkt PerformOutperform
    25-Feb-04RBC Capital MktsInitiatedOutperform
    15-May-03Raymond JamesUpgradeUnderperformMkt Perform
    11-Nov-02Raymond JamesDowngradeMkt PerformUnderperform
    20-Aug-02Salomon Smth BrnyDowngradeNeutralUnderperform
    15-Aug-02Bear StearnsDowngradeAttractiveNeutral
    17-Jul-02Raymond JamesDowngradeStrong BuyBuy
    11-Jul-02Deutsche SecuritiesDowngradeStrong BuyMkt Perform
    7-Jun-02CSFBDowngradeBuyHold
    24-May-02Salomon Smth BrnyDowngradeOutperformNeutral
    22-Mar-02Morgan StanleyInitiatedEqual-weight
    7-Mar-02Deutsche Bc Alex. BrUpgradeBuyStrong Buy
    1-Mar-02Bear StearnsDowngradeBuyAttractive
    10-Aug-01Legg MasonDowngradeStrong BuyBuy
    10-Aug-01Legg MasonDowngradeStrong BuyBuy
    1-Aug-01Dain Rauscher WesselsInitiatedBuy Speculative
    19-Jul-01Merrill LynchDowngradeNT BuyNT Accum
    18-May-01Merrill LynchInitiatedNT Buy/LT Buy
    1-May-01CIBC Wrld MktsInitiatedBuy
    27-Mar-01Friedman BillingsInitiatedBuy
    28-Feb-01Mrgn Stnly Dn WttrUpgradeNeutralOutperform
    1-Feb-01Bear StearnsInitiatedBuy
    3-Jan-01Mrgn Stnly Dn WttrInitiatedNeutral
    15-Nov-00Thomas WeiselInitiatedMarket Perform
    26-Oct-00Banc of America SecInitiatedStrong Buy
    31-Jul-00UBS WarburgUpgradeReduceHold
    30-Jun-00UBS WarburgDowngradeHoldReduce
    27-Jun-00CSFBInitiatedBuy
    18-May-00UBS WarburgInitiatedHold
    5-Apr-00Legg MasonInitiatedBuy
    22-Feb-00Deutsche Bc Alex. BrUpgradeBuyStrong Buy
    13-Jul-99Salomon Smth BrnyInitiatedOutperform
    12-Jul-99Deutsche Bc Alex. BrInitiatedBuy
    12-Jul-99Lehman BrothersInitiatedBuy
    12-Jul-99DLJInitiatedBuy

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