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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
22-Nov-16CitigroupInitiatedNeutral
10-Feb-16Deutsche BankDowngradeHoldSell
11-Jan-16Credit SuisseDowngradeOutperformNeutral
25-Aug-15Keefe BruyetteUpgradeMkt PerformOutperform
14-Jul-15Piper JaffrayInitiatedOverweight
7-Apr-15UBSUpgradeNeutralBuy
28-Oct-14Deutsche BankUpgradeSellHold
6-Oct-14FBR CapitalDowngradeOutperformMkt Perform
2-Dec-13Deutsche BankDowngradeHoldSell
9-Mar-12JMP SecuritiesUpgradeMkt PerformMkt Outperform
20-Jul-11JMP SecuritiesInitiatedMkt Perform
4-Nov-10UBSDowngradeBuyNeutral
16-Apr-10RBC Capital MktsInitiatedOutperform
10-Mar-10Janney Mntgmy ScottDowngradeBuyNeutral
9-Mar-10CitigroupInitiatedBuy
19-Nov-09BernsteinUpgradeMkt PerformOutperform
6-Jan-09BernsteinDowngradeOutperformMkt Perform
31-Oct-08Banc of America SecDowngradeBuyNeutral
29-Jul-08Fox PittDowngradeOutperformIn Line
7-Feb-08JP MorganDowngradeOverweightNeutral
4-Feb-08Credit SuisseInitiatedNeutral
25-Jan-08Stifel NicolausUpgradeHoldBuy
10-Oct-07Banc of America SecInitiatedBuy
2-Oct-07WachoviaDowngradeOutperformMkt Perform
12-Jul-07AG EdwardsDowngradeBuyHold
25-Apr-07Friedman BillingsUpgradeMkt PerformOutperform
16-Mar-07Matrix ResearchUpgradeStrong SellStrong Buy
11-Aug-06Bear StearnsUpgradeUnderperformPeer Perform
19-Jan-06JP MorganInitiatedOverweight
12-Dec-05CSFBUpgradeNeutralOutperform
5-Dec-05Friedman BillingsDowngradeOutperformMkt Perform
25-Nov-05Sandler O'NeillDowngradeBuyHold
16-Sep-05Bear StearnsInitiatedUnderperform
13-Sep-05Morgan StanleyUpgradeEqual-weightOverweight
3-May-05AG EdwardsUpgradeHoldBuy
19-Apr-05Merrill LynchUpgradeNeutralBuy
14-Apr-05Lehman BrothersInitiatedEqual-weight
20-Jan-05Merrill LynchDowngradeBuyNeutral
3-Jan-05PrudentialDowngradeOverweightNeutral
3-Nov-04Legg MasonDowngradeBuyHold
25-Oct-04Morgan StanleyDowngradeEqual-weightUnderweight
26-Jul-04Smith Barney CitigroupUpgradeHoldBuy
15-Jul-04Lehman BrothersInitiatedEqual-weight
14-Jun-04JP MorganUpgradeNeutralOverweight
16-Mar-04Merrill LynchUpgradeNeutralBuy
12-Jan-04Legg MasonInitiatedBuy
8-Jan-04UBSDowngradeBuyNeutral
20-Oct-03JP MorganDowngradeOverweightNeutral
17-Oct-03Merrill LynchDowngradeBuyNeutral
24-Sep-03JP MorganUpgradeNeutralOverweight
27-Aug-03Friedman BillingsUpgradeMkt PerformOutperform
21-Aug-03PrudentialInitiatedBuy
3-Mar-03WachoviaDowngradeOutperformMkt Perform
18-Feb-03Deutsche SecuritiesUpgradeHoldBuy
24-Jan-03Morgan StanleyDowngradeOverweightEqual-weight
13-Jan-03UBS WarburgUpgradeNeutralBuy
8-Jan-03William BlairInitiatedOutperform
7-Jan-03FulcrumInitiatedNeutral
24-May-02Morgan StanleyUpgradeEqual-weightOverweight
21-May-02Lehman BrothersDowngradeStrong BuyBuy
19-Apr-02Wachovia SecInitiatedStrong Buy
19-Dec-01JP MorganInitiatedBuy
9-Nov-01Morgan StanleyDowngradeOutperformNeutral
5-Nov-01Dresdner Klnwrt WassInitiatedBuy
26-Oct-01ABN AMROUpgradeAddBuy
12-Apr-01CSFBInitiatedBuy
8-Feb-01ABN AMROInitiatedAdd
7-Feb-01ABN AMROInitiatedAdd
27-Dec-00Lehman BrothersUpgradeOutperformBuy
5-Dec-00Deutsche Bc Alex. BrInitiatedMkt Perform
25-Sep-00Lehman BrothersInitiatedOutperform
14-Sep-00Mrgn Stnly Dn WttrInitiatedStrong Buy
25-Aug-00DLJInitiatedMarket Perform
6-Jun-00Bear StearnsInitiatedAttractive
16-May-00Warburg Dillon ReadInitiatedStrong Buy
11-May-00Banc of America SecInitiatedBuy
7-Feb-00Wasserstein PerellaDowngradeStrong BuyBuy
8-Nov-99JP MorganUpgradeLT BuyBuy
5-Mar-99JP MorganInitiatedLT Buy
15-Jan-99PaineWebberUpgradeAttractiveBuy
24-Nov-98PrudentialInitiatedStrong Buy
9-Oct-98BT Alex. BrownUpgradeBuyStrong Buy
15-Jul-98PaineWebberInitiatedBuy
17-Mar-98Morgan StanleyUpgradeNeutralOutperform
17-Mar-98DLJUpgradeMkt PerformBuy

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