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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
6-Jan-17CLSAUpgradeOutperformBuy
24-Oct-16NomuraDowngradeNeutralReduce
9-Sep-16WedbushInitiatedUnderperform
9-Aug-16HSBC SecuritiesDowngradeHoldReduce
21-Apr-16CitigroupDowngradeNeutralSell
20-Apr-16Credit SuisseDowngradeOutperformNeutral
11-Feb-16Morgan StanleyDowngradeOverweightEqual-Weight
17-Dec-15Sterne Agee CRTInitiatedUnderperform
3-Jun-15JefferiesUpgradeUnderperformHold
29-Aug-13HSBC SecuritiesDowngradeOverweightNeutral
29-Aug-12HSBC SecuritiesUpgradeNeutralOverweight
25-Jul-12HSBC SecuritiesDowngradeOverweightNeutral
24-Feb-12OppenheimerInitiatedPerform
10-Aug-09Deutsche SecuritiesUpgradeHoldBuy
25-Jun-09HSBC SecuritiesUpgradeUnderweightNeutral
2-Mar-09WachoviaDowngradeMkt PerformUnderperform
22-Jan-09Janney Mntgmy ScottDowngradeBuyNeutral
23-Jul-08CitigroupDowngradeBuyHold
21-Jul-08Credit SuisseDowngradeNeutralUnderperform
23-Jan-08JP MorganUpgradeNeutralOverweight
8-Jan-08Lehman BrothersUpgradeUnderweightOverweight
10-Oct-07Lehman BrothersInitiatedUnderweight
11-Apr-07Piper JaffrayInitiatedMarket Perform
17-Nov-06WachoviaInitiatedMkt Perform
23-Oct-06Lehman BrothersDowngradeOverweightEqual-weight
23-Aug-06Goldman SachsInitiatedNeutral
1-Aug-06Lehman BrothersInitiatedOverweight
10-Jul-06PrudentialInitiatedNeutral
2-Jun-06Goldman SachsUpgradeUnderperformIn-Line
14-Mar-06Goldman SachsDowngradeIn-LineUnderperform
19-Jan-06Credit SuisseUpgradeNeutralOutperform
12-Aug-04Janney Mntgmy ScottInitiatedBuy
4-Feb-04WR HambrechtInitiatedBuy
3-Oct-03Brean MurrayUpgradeHoldBuy
21-Jul-03Brean MurrayDowngradeBuyHold
11-Jul-03SG CowenInitiatedOutperform
21-May-03UBS WarburgDowngradeBuyNeutral
19-Oct-01Banc of America SecUpgradeMkt PerformBuy
1-Jun-01Banc of America SecInitiatedMkt Perform
12-Apr-01Banc of America SecDowngradeBuyMkt Perform
14-Nov-00Banc of America SecInitiatedBuy
5-Jun-98Schroder & CoDowngradeOutperformPerform In Line

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