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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    23-Aug-16JefferiesInitiatedBuy
    19-Jul-16CitigroupUpgradeNeutralBuy
    11-Jul-16Scotia Howard WeilUpgradeSector PerformSector Outperform
    29-Jun-16GoldmanUpgradeNeutralBuy
    15-Jun-16Credit SuisseDowngradeOutperformNeutral
    3-Mar-16BofA/MerrillUpgradeNeutralBuy
    14-Aug-15Scotia Howard WeilDowngradeSector OutperformSector Perform
    24-Jul-15MacquarieInitiatedOutperform
    13-Feb-15RBC Capital MktsDowngradeOutperformSector Perform
    31-Oct-14Howard WeilUpgradeSector PerformSector Outperform
    9-Oct-14Deutsche BankInitiatedBuy
    2-Oct-14RBC Capital MktsInitiatedOutperform
    8-Jan-14Howard WeilDowngradeSector OutperformSector Perform
    4-Oct-13OppenheimerDowngradeOutperformPerform
    7-Jan-13Howard WeilDowngradeFocus StockMarket Outperform
    16-Nov-12Imperial CapitalInitiatedIn-line
    2-Aug-12Howard WeilUpgradeMarket OutperformFocus Stock
    12-Jul-12Howard WeilUpgradeMarket PerformMarket Outperform
    1-Jun-12UBSUpgradeNeutralBuy
    27-Apr-12Dahlman RoseInitiatedBuy
    15-Nov-11RBC Capital MktsDowngradeOutperformSector Perform
    1-Nov-11Global Hunter SecuritiesInitiatedBuy
    6-Jul-11Barclays CapitalUpgradeEqual WeightOverweight
    17-Feb-11Dahlman RoseInitiatedBuy
    13-Jan-11OppenheimerUpgradePerformOutperform
    15-Dec-10Howard WeilDowngradeMarket OutperformMarket Perform
    21-Oct-10RBC Capital MktsDowngradeOutperformSector Perform
    24-Jun-10Caris & CompanyUpgradeAverageAbove Average
    18-Jun-10RBC Capital MktsUpgradeUnderperformSector Perform
    8-Jun-10Howard WeilUpgradeMarket PerformMarket Outperform
    1-Jun-10Caris & CompanyUpgradeBelow AverageAverage
    15-Apr-10Credit SuisseInitiatedNeutral
    5-Apr-10Deutsche BankDowngradeBuyHold
    5-Apr-10Caris & CompanyDowngradeAbove AverageBelow Average
    4-Jan-10Deutsche BankUpgradeHoldBuy
    17-Sep-09SoleilDowngradeHoldSell
    31-Jul-09Natixis BleichroederDowngradeBuyHold
    24-Jun-09OppenheimerDowngradeOutperformPerform
    27-Mar-09Caris & CompanyDowngradeAverageBelow Average
    24-Mar-09BenchmarkDowngradeHoldSell
    5-Jan-09SoleilDowngradeHoldSell
    20-Oct-08OppenheimerUpgradeUnderperformOutperform
    2-Oct-08Caris & CompanyUpgradeBelow AverageAverage
    18-Jul-08BernsteinDowngradeOutperformMkt Perform
    2-Jun-08Deutsche SecuritiesUpgradeSellHold
    30-May-08CitigroupInitiatedHold
    7-Apr-08Credit SuisseDowngradeOutperformNeutral
    18-Mar-08BMO Capital MarketsDowngradeOutperformMarket Perform
    12-Mar-08Caris & CompanyDowngradeAbove AverageBelow Average
    28-Jan-08Credit SuisseUpgradeNeutralOutperform
    17-Jan-08BMO Capital MarketsUpgradeMarket PerformOutperform
    15-Jan-08OppenheimerDowngradePerformUnderperform
    9-Jan-08Bear StearnsDowngradePeer PerformUnderperform
    17-Dec-07CitigroupUpgradeHoldBuy
    2-Nov-07Caris & CompanyDowngradeBuyAbove Average
    29-Oct-07BMO Capital MarketsDowngradeOutperformMarket Perform
    10-Oct-07BernsteinUpgradeMkt PerformOutperform
    26-Sep-07Credit SuisseDowngradeOutperformNeutral
    12-Sep-07Banc of America SecUpgradeNeutralBuy
    6-Sep-07BernsteinUpgradeUnderperformMkt Perform
    10-Aug-07CitigroupUpgradeSellHold
    6-Aug-07OppenheimerDowngradeBuyNeutral
    23-Jul-07UBSInitiatedNeutral
    27-Jun-07CitigroupDowngradeHoldSell
    15-May-07Banc of America SecDowngradeBuyNeutral
    23-Apr-07Friedman BillingsDowngradeOutperformMkt Perform
    16-Apr-07CitigroupDowngradeBuyHold
    26-Mar-07Bear StearnsDowngradeOutperformPeer Perform
    26-Mar-07Deutsche SecuritiesDowngradeHoldSell
    30-Jan-07Bear StearnsUpgradePeer PerformOutperform
    17-Jan-07Friedman BillingsUpgradeMkt PerformOutperform
    3-Jan-07CitigroupUpgradeHoldBuy
    18-Dec-06Friedman BillingsDowngradeOutperformMkt Perform
    16-Nov-06PrudentialInitiatedNeutral
    3-Nov-06JP MorganDowngradeNeutralUnderweight
    12-Oct-06Bear StearnsUpgradeUnderperformPeer Perform
    27-Sep-06Banc of America SecUpgradeNeutralBuy
    12-Sep-06Lehman BrothersDowngradeOverweightEqual-weight
    8-Aug-06Deutsche SecuritiesUpgradeSellHold
    4-Aug-06CitigroupDowngradeBuyHold
    4-Aug-06Banc of America SecDowngradeBuyNeutral
    10-Jul-06Deutsche SecuritiesDowngradeHoldSell
    21-Apr-06PrudentialInitiatedOverweight
    6-Apr-06Caris & CompanyInitiatedBuy
    15-Dec-05Banc of America SecInitiatedBuy
    4-Nov-05CitigroupDowngradeBuyHold
    9-Sep-05Morgan StanleyInitiatedEqual-weight
    18-Jul-05Friedman BillingsDowngradeMkt PerformUnderperform
    11-May-05Deutsche SecuritiesUpgradeHoldBuy
    15-Mar-05Deutsche SecuritiesDowngradeBuyHold
    16-Dec-04JP MorganInitiatedNeutral
    9-Nov-04IRG ResearchUpgradeNeutralBuy
    6-Oct-04IRG ResearchDowngradeBuyNeutral
    5-Oct-04CSFBUpgradeUnderperformOutperform
    15-Sep-04PrudentialUpgradeNeutralOverweight
    18-Aug-04Deutsche SecuritiesInitiatedBuy
    5-Aug-04OppenheimerDowngradeBuyNeutral
    20-May-04IRG ResearchInitiatedBuy
    24-Feb-04PrudentialDowngradeOverweightNeutral
    4-Feb-04OppenheimerUpgradeNeutralBuy
    11-Dec-03Friedman BillingsDowngradeOutperformMkt Perform
    18-Sep-03UBSDowngradeNeutralReduce
    25-Jul-03FahnestockDowngradeBuyNeutral
    28-May-03Merrill LynchDowngradeNeutralSell
    16-May-03UBS WarburgInitiatedNeutral
    10-Mar-03Lehman BrothersUpgradeUnderweightOverweight
    11-Dec-02Lehman BrothersDowngradeEqual-weightUnderweight
    5-Dec-02PrudentialInitiatedBuy
    2-Aug-02Bear StearnsDowngradeUnattractiveSell
    19-Jun-02FahnestockUpgradeHoldBuy
    6-May-02Merrill LynchUpgradeNT Reduce-Sell/LT Reduce-SellNT Neutral/LT Neutral
    2-May-02Bear StearnsDowngradeNeutralUnattractive
    2-May-02Merrill LynchDowngradeNT Neutral/LT BuyNT Reduce-Sell/LT Reduce-Sell
    2-May-02FahnestockDowngradeBuyHold
    2-May-02Banc of America SecDowngradeBuyMkt Perform
    8-Jan-02Goldman SachsInitiatedRecomm List
    28-Nov-01Banc of America SecInitiatedBuy
    29-Aug-01Lehman BrothersUpgradeMkt PerformStrong Buy
    18-Jul-01Friedman BillingsInitiatedBuy
    2-May-01CSFBDowngradeBuyHold
    27-Apr-01Bear StearnsDowngradeBuyNeutral
    20-Apr-01Merrill LynchDowngradeNT Accum/LT BuyNT Neut/LT Accum
    28-Feb-01Lehman BrothersDowngradeStrong BuyMkt Perform
    3-May-00PaineWebberDowngradeAttractiveNeutral
    25-Jan-00CSFBInitiatedBuy
    19-Nov-99PaineWebberDowngradeBuyAttractive
    10-Nov-99PaineWebberUpgradeAttractiveBuy
    24-Jun-99CIBC World MarketsUpgradeHoldBuy
    21-Apr-99CIBC OppenheimerDowngradeBuyHold
    20-Apr-99PrudentialInitiatedStrong Buy
    12-Jan-99Bear StearnsInitiatedBuy
    9-Dec-98PaineWebberInitiatedAttractive
    4-Nov-98CIBC OppenheimerDowngradeStrong BuyBuy
    19-Aug-98Merrill LynchInitiatedNT Accumulate
    3-Jul-98CS First BostonInitiatedBuy
    2-Jul-98CS First BostonInitiatedBuy

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