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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
3-Apr-14FBR CapitalInitiatedOutperform
26-Aug-13Robert W. BairdUpgradeNeutralOutperform
4-Jun-13ArgusUpgradeHoldBuy
11-Mar-13UBSDowngradeBuyNeutral
7-Mar-13ArgusInitiatedHold
3-Jan-13BarclaysDowngradeOverweightEqual Weight
19-Jan-12Miller TabakDowngradeBuyHold
13-Oct-11Robert W. BairdDowngradeOutperformNeutral
12-Oct-11RBC Capital MktsInitiatedSector Perform
30-Sep-11AurigaDowngradeBuyHold
8-Mar-11Miller TabakUpgradeSellHold
4-Mar-11Robert W. BairdUpgradeNeutralOutperform
3-Nov-10TiconderogaDowngradeBuyNeutral
25-Oct-10Deutsche BankInitiatedHold
18-Oct-10RBC Capital MktsDowngradeOutperformSector Perform
1-Oct-10Auriga U.S.AInitiatedHold
8-Sep-10Barclays CapitalInitiatedEqual Weight
15-Jan-10Broadpoint AmTech ResearchInitiatedNeutral
20-Nov-09BMO Capital MarketsInitiatedMarket Perform
22-Jun-09RBC Capital MktsUpgradeSector PerformOutperform
12-Mar-09Piper JaffrayInitiatedBuy
4-Mar-09Global Crown CapitalUpgradeNeutralOverweight
20-Jan-09Global Crown CapitalDowngradeOverweightNeutral
9-Jan-09RBC Capital MktsInitiatedSector Perform
5-Jan-09WachoviaUpgradeMkt PerformOutperform
18-Dec-08Jefferies & CoUpgradeUnderperformHold
5-Dec-08Robert W. BairdDowngradeOutperformNeutral
13-Oct-08Global Crown CapitalUpgradeNeutralOverweight
4-Sep-08Credit SuisseInitiatedNeutral
1-Jul-08Jefferies & CoDowngradeHoldUnderperform
28-Apr-08Charter EquityUpgradeMkt PerformBuy
16-Apr-08Piper JaffrayInitiatedNeutral
12-Nov-07CitigroupUpgradeHoldBuy
4-Oct-07WachoviaInitiatedMkt Perform
10-Jul-07AG EdwardsDowngradeBuyHold
10-May-07Deutsche SecuritiesInitiatedHold
3-Jan-07Nollenberger CapitalInitiatedBuy
20-Dec-06Cowen & CoInitiatedNeutral
4-Dec-06AG EdwardsUpgradeHoldBuy
8-Nov-06Caris & CompanyDowngradeBuyAbove Average
1-Nov-06Matrix ResearchDowngradeBuyHold
13-Oct-06Bear StearnsDowngradeOutperformPeer Perform
28-Jun-06CitigroupDowngradeBuyHold
19-May-06AG EdwardsDowngradeBuyHold
7-Apr-06Stifel NicolausInitiatedBuy
21-Mar-06DA DavidsonInitiatedNeutral
1-Mar-06Bear StearnsUpgradePeer PerformOutperform
26-Jan-06UBSDowngradeBuyNeutral
3-Jan-06Caris & CompanyUpgradeAverageBuy
9-Dec-05Jefferies & CoInitiatedHold
25-Oct-05JP MorganDowngradeOverweightNeutral
25-Oct-05Harris NesbittDowngradeOutperformNeutral
25-Oct-05FulcrumDowngradeBuyNeutral
10-Oct-05Caris & CompanyDowngradeAbove AverageAverage
26-Sep-05Am Tech/JSA ResearchInitiatedHold
23-Sep-05Caris & CompanyDowngradeBuyAbove Average
7-Sep-05Lehman BrothersDowngradeOverweightEqual-weight
7-Sep-05Global Crown CapitalDowngradeOverweightNeutral
17-May-05Banc of America SecUpgradeNeutralBuy
26-Apr-05UBSUpgradeNeutralBuy
6-Apr-05Merrill LynchUpgradeNeutralBuy
10-Mar-05JP MorganUpgradeNeutralOverweight
18-Feb-05Robert W. BairdInitiatedOutperform
10-Feb-05Banc of America SecUpgradeSellNeutral
4-Feb-05PrudentialDowngradeNeutralUnderweight
2-Feb-05Harris NesbittUpgradeNeutralOutperform
1-Feb-05Moors & CabotInitiatedBuy
31-Jan-05Lehman BrothersUpgradeEqual-weightOverweight
10-Dec-04UBSDowngradeBuyNeutral
8-Dec-04Banc of America SecDowngradeNeutralSell
16-Nov-04Bear StearnsInitiatedPeer Perform
11-Nov-04UBSUpgradeNeutralBuy
11-Nov-04Wells Fargo SecInitiatedSell
25-Oct-04Smith Barney CitigroupUpgradeHoldBuy
28-Sep-04UBSDowngradeBuyNeutral
12-Jul-04Merrill LynchDowngradeBuyNeutral
8-Jul-04CSFBUpgradeUnderperformNeutral
17-Jun-04Piper JaffrayInitiatedOutperform
3-Jun-04Caris & CompanyUpgradeAverageBuy
22-Apr-04Wedbush MorganUpgradeHoldBuy
21-Apr-04PrudentialUpgradeUnderweightNeutral
18-Mar-04Caris & CompanyInitiatedAverage
3-Mar-04Banc of America SecUpgradeSellNeutral
12-Feb-04AG EdwardsInitiatedBuy
8-Jan-04Merrill LynchUpgradeNeutralBuy
17-Nov-03Lehman BrothersUpgradeUnderweightEqual-weight
21-Oct-03Pacific Growth EquitiesUpgradeUnder WeightEqual Weight
13-Oct-03Soundview TechnologyUpgradeNeutralOutperform
7-Oct-03UBSUpgradeNeutralBuy
2-Oct-03Harris Nesbitt GerardInitiatedNeutral
30-Sep-03CSFBInitiatedUnderperform
8-Sep-03First AlbanyUpgradeNeutralBuy
20-Aug-03PrudentialInitiatedHold
14-Jul-03Smith Barney CitigroupDowngradeOutperformIn-line
3-Jun-03Soundview TechnologyDowngradeOutperformNeutral
24-Mar-03First AlbanyInitiatedNeutral
19-Mar-03Pacific Growth EquitiesDowngradeEqual WeightUnder Weight
7-Jan-03PrudentialUpgradeHoldBuy
13-Dec-02Deutsche SecuritiesInitiatedHold
13-Dec-02JP MorganInitiatedNeutral
6-Dec-02Thomas WeiselDowngradeAttractiveMkt Perform
6-Aug-02Wachovia SecInitiatedHold
1-Jul-02JP MorganDowngradeLT BuyMkt Perform
28-Jun-02RBC Capital MktsInitiatedSector Perform
26-Jun-02PrudentialDowngradeBuyHold
25-Jun-02Needham & CoUpgradeBuyStrong Buy
24-Jun-02Investec IncInitiatedHold
30-May-02AG EdwardsInitiatedHold
13-Mar-02BernsteinInitiatedMkt Perform
22-Feb-02JP MorganUpgradeMkt PerformLT Buy
20-Feb-02Wedbush MorganInitiatedHold
5-Feb-02Pacific CrestInitiatedBuy
14-Jan-02Dresdner Klnwrt WassUpgradeAddBuy
20-Dec-01Pacific Growth EquitiesInitiatedBuy
7-Dec-01Morgan StanleyDowngradeOutperformNeutral
15-Oct-01JP MorganDowngradeLT BuyMkt Perform
11-Oct-01Needham & CoDowngradeStrong BuyBuy
2-Oct-01UBS WarburgInitiatedHold
1-Oct-01Needham & CoUpgradeBuyStrong Buy
24-Sep-01Needham & CoUpgradeHoldBuy
27-Aug-01SoundView TechnologyInitiatedBuy
7-Aug-01CSFBDowngradeBuyHold
24-Jul-01Needham & CoDowngradeBuyHold
12-Jul-01W.R. HambrechtUpgradeBuyStrong Buy
8-Jun-01PrudentialUpgradeHoldBuy
20-Apr-01Needham & CoDowngradeStrong BuyBuy
11-Apr-01Dain Rauscher WesselsInitiatedNeutral
11-Apr-01Salomon Smth BrnyUpgradeOutperformBuy
2-Apr-01W.R. HambrechtUpgradeMkt NeutralBuy
28-Mar-01Banc of America SecInitiatedMkt Perform
5-Mar-01PrudentialDowngradeAccumulateHold
22-Feb-01Needham & CoUpgradeBuyStrong Buy
2-Feb-01UBS WarburgInitiatedBuy
19-Jan-01ABN AMRODowngradeBuyAdd
19-Jan-01Needham & CoDowngradeStrong BuyBuy
10-Jan-01Thomas WeiselDowngradeBuyMkt Perform
30-Nov-00Robertson StephensDowngradeBuyLT Attractive
30-Nov-00Merrill LynchDowngradeNT AccumNT Neutral
30-Nov-00Dresdner Klnwrt BnsnDowngradeBuyAdd
30-Nov-00Deutsche Bc Alex. BrDowngradeStrong BuyBuy
30-Nov-00Chase H&QDowngradeStrong BuyBuy
14-Nov-00Josephthal & CoUpgradeHoldBuy
8-Nov-00Needham & CoUpgradeBuyStrong Buy
1-Nov-00W.R. HambrechtDowngradeStrong BuyMkt Neutral
1-Nov-00Mrgn Stnly Dn WttrDowngradeStrong BuyOutperform
17-Oct-00Needham & CoUpgradeHoldBuy
10-Oct-00Salomon Smth BrnyDowngradeBuyOutperform
10-Oct-00PrudentialDowngradeStrong BuyAccumulate
10-Oct-00Lehman BrothersDowngradeOutperformNeutral
30-Jun-00Chase H&QUpgradeBuyStrong Buy
6-Jun-00ABN AMROUpgradeBuyTop Pick
4-May-00ABN AMRODowngradeTop PickBuy
3-May-00Josephthal & CoDowngradeBuyHold
13-Apr-00W.R. HambrechtUpgradeMkt OutperformStrong Buy
15-Mar-00Warburg Dillon ReadUpgradeBuyStrong Buy
3-Mar-00PrudentialUpgradeAccumulateStrong Buy
3-Mar-00Merrill LynchUpgradeLT AccumLT Buy
29-Feb-00Chase H&QInitiatedBuy-Focus List
4-Feb-00W.R. HambrechtInitiatedMkt Outperform
20-Jan-00Mrgn Stnly Dn WttrUpgradeOutperformStrong Buy
20-Jan-00Bear StearnsUpgradeAttractiveBuy
9-Dec-99Schroder & CoInitiatedOutperform
10-Nov-99Thomas WeiselInitiatedBuy
3-Nov-99SoundView TechUpgradeBuyStrong Buy
14-Oct-99Deutsche Bc Alex. BrUpgradeBuyStrong Buy
14-Oct-99Banc of America SecUpgradeBuyStrong Buy
23-Aug-99Bear StearnsInitiatedAttractive
13-Aug-99Merrill LynchInitiatedNT Accum/LT Accum
10-Aug-99Banc of America SecInitiatedBuy $60
16-Jul-99Mrgn Stnly Dn WttrDowngradeStrong BuyOutperform
16-Jul-99CSFBInitiatedBuy
24-Jun-99SG CowenInitiatedBuy
15-Jun-99Hambrecht & QuistInitiatedBuy
10-Jun-99ABN AMROUpgradeOutperformBuy
23-Apr-99ABN AMRODowngradeBuyOutperform
15-Apr-99BT Alex. BrownUpgradeMkt PerformBuy
13-Apr-99Salomon Smth BrnyInitiatedBuy
7-Apr-99Needham & CoDowngradeBuyHold
5-Mar-99Mrgn Stnly Dn WttrUpgradeOutperformStrong Buy
10-Feb-99Kaufman BrosUpgradeST HoldST Buy
10-Feb-99Needham & CoUpgradeHoldBuy
9-Feb-99ABN AMROUpgradeHoldOutperform
4-Feb-99DLJUpgradeBuyTop Pick
29-Jan-99EVEREN Sec.InitiatedIT Outperform
21-Jan-99BT Alex. BrownDowngradeBuyMkt Perform
21-Jan-99Kaufman BrosDowngradeST BuyST Hold
21-Jan-99Mrgn Stnly Dn WttrDowngradeStrong BuyOutperform
6-Jan-99Needham & CoDowngradeBuyHold
22-Dec-98SoundviewInitiatedBuy
14-Dec-98ABN/AmroDowngradeBuyHold
18-Nov-98Needham & CoDowngradeStrong BuyBuy
6-Oct-98PaineWebberInitiatedBuy
25-Sep-98Lehman Bros.InitiatedBuy
2-Sep-98FahnestockUpgradeHoldBuy
18-Aug-98Goldman SachsInitiatedMkt Outperformer
30-Jul-98CS First BostonInitiatedBuy
27-Mar-98Adams HarknessInitiatedAttractive
20-Mar-98Morgan StanleyUpgradeOutperformStrong Buy
20-Mar-98Spencer ClarkeUpgradeBuyStrong Buy
9-Mar-98Morgan StanleyUpgradeNeutralOutperform
6-Mar-98Morgan StanleyUpgradeNeutralOutperform
26-Feb-98Deutsche MorganUpgradeAccumulateBuy
25-Feb-98Salomon Smth BrnyUpgradeNeutralBuy
20-Feb-98Hambrecht & QuistUpgradeHoldBuy

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