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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
27-Jun-14StifelInitiatedBuy
5-Dec-13OppenheimerInitiatedOutperform
18-Sep-12RBC Capital MktsDowngradeOutperformSector Perform
2-Jul-12Sterne AgeeDowngradeBuyNeutral
9-May-12UBSDowngradeBuyNeutral
2-Dec-11MKM PartnersInitiatedNeutral
12-Oct-11RBC Capital MktsInitiatedOutperform
3-Aug-11Sterne AgeeDowngradeBuyNeutral
5-Apr-11Auriga U.S.AUpgradeSellHold
12-Jan-11Deutsche BankDowngradeBuyHold
10-Mar-10BernsteinUpgradeMkt PerformOutperform
24-Nov-09Broadpoint AmTech ResearchUpgradeNeutralBuy
24-Nov-09GC ResearchUpgradeNeutralOverweight
20-Nov-09BMO Capital MarketsInitiatedMarket Perform
16-Sep-09Broadpoint AmTech ResearchDowngradeBuyNeutral
13-Aug-09Robert W. BairdUpgradeNeutralOutperform
20-May-09Robert W. BairdUpgradeUnderperformNeutral
20-May-09Deutsche SecuritiesUpgradeHoldBuy
20-May-09AmTech ResearchUpgradeNeutralBuy
20-May-09Caris & CompanyUpgradeAbove AverageBuy
5-Dec-08Robert W. BairdDowngradeNeutralUnderperform
12-Sep-08AmTech ResearchDowngradeBuyNeutral
3-Jun-08LongbowInitiatedBuy
10-Apr-08Banc of America SecUpgradeNeutralBuy
24-Mar-08Lehman BrothersUpgradeEqual-weightOverweight
2-Jan-08Banc of America SecDowngradeBuyNeutral
4-Oct-07WachoviaInitiatedOutperform
4-Oct-07Charter EquityInitiatedBuy
16-Aug-07Credit SuisseInitiatedNeutral
2-Aug-07Cowen & CoInitiatedOutperform
22-Jun-07Piper JaffrayDowngradeMarket PerformUnderperform
19-Jun-07AG EdwardsInitiatedBuy
23-May-07JP MorganDowngradeOverweightNeutral
23-May-07Credit SuisseDowngradeOutperformNeutral
24-Apr-07Bear StearnsInitiatedOutperform
22-Feb-07CitigroupUpgradeHoldBuy
5-Feb-07Am Tech/JSA ResearchUpgradeNeutralBuy
7-Dec-06HSBC SecuritiesDowngradeNeutralUnderweight
27-Nov-06BernsteinDowngradeOutperformMkt Perform
25-Oct-06Robert W. BairdDowngradeOutperformNeutral
12-Oct-06UBSInitiatedBuy
22-Sep-06Caris & CompanyDowngradeBuyAverage
11-Aug-06Global Crown CapitalDowngradeOverweightNeutral
6-Jul-06CitigroupDowngradeBuyHold
12-May-06Caris & CompanyUpgradeAbove AverageBuy
12-Aug-05Caris & CompanyDowngradeBuyAbove Average
11-Aug-05Morgan StanleyUpgradeEqual-weightOverweight
7-Jul-05CSFBUpgradeNeutralOutperform
12-Apr-05Robert W. BairdInitiatedOutperform
10-Feb-05Banc of America SecUpgradeSellBuy
8-Dec-04Banc of America SecDowngradeNeutralSell
29-Nov-04BernsteinDowngradeOutperformMkt Perform
24-Nov-04Pacific CrestUpgradeSector PerformOutperform
11-Nov-04Wells Fargo SecInitiatedHold
25-Oct-04Smith Barney CitigroupUpgradeHoldBuy
12-Oct-04Piper JaffrayDowngradeMarket PerformUnderperform
3-Aug-04AG EdwardsDowngradeBuyHold
12-Jul-04Merrill LynchDowngradeBuyNeutral
14-Jun-04AmTech ResearchInitiatedBuy
26-Apr-04JP MorganInitiatedOverweight
21-Apr-04PrudentialDowngradeOverweightNeutral
16-Mar-04Caris & CompanyInitiatedBuy
13-Feb-04Merrill LynchUpgradeNeutralBuy
13-Feb-04Deutsche SecuritiesUpgradeSellHold
19-Nov-03Pacific CrestUpgradeNeutralBuy
19-Nov-03Needham & CoUpgradeBuyStrong Buy
12-Nov-03AG EdwardsInitiatedBuy
3-Nov-03Goldman SachsDowngradeOutperformIn-Line
20-Aug-03PrudentialInitiatedBuy
19-Aug-03Needham & CoInitiatedBuy
15-Aug-03Smith Barney CitigroupDowngradeOutperformIn-line
30-Jun-03Soundview TechnologyInitiatedOutperform
20-Feb-03Merrill LynchUpgradeSellNeutral
14-Feb-03Banc of America SecUpgradeSellNeutral
4-Dec-02Deutsche SecuritiesDowngradeHoldSell
15-Nov-02Merrill LynchDowngradeNeutralSell
2-Oct-02BernsteinInitiatedOutperform
6-Sep-02Merrill LynchDowngradeNT BuyNT Neutral
12-Aug-02Lehman BrothersUpgradeUnderweightOverweight
24-Jun-02Investec IncInitiatedBuy
6-Jun-02Merrill LynchDowngradeNT Strong BuyNT Buy
5-Mar-02Pacific CrestInitiatedMkt Perform
20-Feb-02Wedbush MorganInitiatedBuy
31-Jan-02CSFBInitiatedBuy
14-Jan-02Dresdner Klnwrt WassUpgradeHoldBuy
14-Jan-02SoundView TechnologyInitiatedBuy
9-Nov-01PrudentialInitiatedBuy
16-Oct-01ABN AMROInitiatedHold
10-Oct-01Deutsche Bc Alex. BrInitiatedMkt Perform
13-Aug-01Goldman SachsUpgradeMkt PerformRecomm List
1-Aug-01Merrill LynchUpgradeNT NeutralNT Buy
31-Jul-01Robertson StephensInitiatedMkt Perform
28-Mar-01Banc of America SecInitiatedMkt Perform
26-Mar-01UBS PaineWebberInitiatedHold
16-Feb-01ABN AMROUpgradeAddBuy
13-Feb-01Merrill LynchDowngradeNT AccumNT Neutral
18-Jan-01Dain Rauscher WesselsDowngradeStrong BuyNeutral
18-Jan-01ABN AMRODowngradeBuyAdd
2-Jan-01Mrgn Stnly Dn WttrDowngradeOutperformNeutral
30-Nov-00AG EdwardsDowngradeAccumulateMaintain Position
15-Nov-00AG EdwardsUpgradeMaintain PositionAccumulate
1-Nov-00JP MorganDowngradeBuyMkt Perform
25-Oct-00AG EdwardsDowngradeAccumulateMaintain Position
16-Aug-00Frost SecuritiesUpgradeBuyStrong Buy
12-Jul-00UBS WarburgInitiatedBuy
18-May-00Chase H&QUpgradeBuyStrong Buy
18-May-00Adams HarknessUpgradeAccumulateTrading Buy
22-Mar-00Salomon Smth BrnyInitiatedBuy
2-Feb-00Frost SecuritiesInitiatedBuy
2-Dec-99ABN AMROUpgradeHoldBuy
2-Dec-99Bear StearnsUpgradeAttractiveBuy
2-Dec-99Thomas WeiselUpgradeBuyStrong Buy
6-Oct-99Thomas WeiselInitiatedBuy
20-Sep-99ABN AMRODowngradeOutperformHold
23-Aug-99Bear StearnsInitiatedAttractive
20-Aug-99Adams HarknessInitiatedAccumulate
10-Aug-99Banc of America SecInitiatedStrong Buy $70
5-Aug-99Hambrecht & QuistInitiatedBuy
4-Aug-99Lehman BrothersUpgradeOutperformBuy
8-Jun-99Dain RauscherInitiatedStrong Buy
20-May-99ABN AMRODowngradeBuyOutperform
31-Mar-99EVEREN Sec.InitiatedIT Outperform
18-Feb-99ABN AMROUpgradeOutperformBuy
11-Feb-99PrudentialInitiatedStrong Buy
9-Feb-99DLJInitiatedBuy
4-Feb-99Merrill LynchUpgradeNT NeutralNT Accumulate
3-Feb-99Kaufman BrosUpgradeST HoldST Buy
4-Dec-98Preferred Cap MktsUpgradeHoldAccumulate
3-Dec-98ABN/AmroUpgradeHoldBuy
2-Dec-98Mrgn Stnly Dn WttrInitiatedOutperform
5-Nov-98Needham & CoDowngradeBuyHold
4-Nov-98Preferred CapitalInitiatedHold
30-Oct-98Needham & CoDowngradeStrong BuyBuy
26-Aug-98Needham & CoUpgradeHoldBuy
13-Aug-98Lehman BrosUpgradeNeutralOutperform
10-Jul-98Lehman BrosInitiatedNeutral

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