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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
29-Jul-10Standpoint ResearchDowngradeBuyHold
13-Jan-10Credit SuisseUpgradeUnderperformNeutral
16-Nov-09Deutsche SecuritiesInitiatedHold
12-Nov-09Barclays CapitalInitiatedEqual Weight
9-Nov-09JP MorganDowngradeNeutralUnderweight
29-Sep-09Collins StewartDowngradeHoldSell
15-Jun-09CitigroupUpgradeHoldBuy
14-May-09Jefferies & CoDowngradeHoldUnderperform
27-Apr-09UBSUpgradeNeutralBuy
30-Jan-09CitigroupDowngradeBuyHold
30-Jan-09Deutsche SecuritiesUpgradeHoldBuy
26-Jan-09Jefferies & CoInitiatedHold
29-Oct-08Cowen & CoUpgradeNeutralOutperform
7-Jul-08Deutsche SecuritiesDowngradeBuyHold
26-Jun-08HSBC SecuritiesDowngradeNeutralUnderweight
18-Apr-08JP MorganDowngradeNeutralUnderweight
2-Apr-08CitigroupUpgradeHoldBuy
2-Apr-08HSBC SecuritiesDowngradeOverweightNeutral
1-Apr-08JP MorganUpgradeUnderweightNeutral
19-Mar-08HSBC SecuritiesUpgradeNeutralOverweight
13-Mar-08UBSUpgradeSellNeutral
1-Feb-08HSBC SecuritiesDowngradeOverweightNeutral
24-Oct-07BernsteinInitiatedMkt Perform
19-Oct-07UBSDowngradeNeutralSell
6-Sep-07UBSInitiatedNeutral
29-May-07HSBC SecuritiesUpgradeNeutralOverweight
24-Apr-07HSBC SecuritiesDowngradeOverweightNeutral
11-Apr-07BernsteinUpgradeUnderperformMkt Perform
22-Mar-07JP MorganDowngradeNeutralUnderweight
27-Feb-07Banc of America SecInitiatedNeutral
12-Jan-07Bear StearnsUpgradePeer PerformOutperform
11-Dec-06UBSDowngradeNeutralReduce
21-Nov-06BernsteinDowngradeMkt PerformUnderperform
27-Oct-06Bear StearnsDowngradeOutperformPeer Perform
13-Jul-06HSBC SecuritiesDowngradeOverweightNeutral
25-May-06Credit SuisseUpgradeNeutralOutperform
25-Apr-06Bear StearnsUpgradePeer PerformOutperform
14-Feb-06Friedman BillingsUpgradeMkt PerformOutperform
3-Feb-06Bear StearnsUpgradeUnderperformPeer Perform
3-Nov-05Bear StearnsDowngradePeer PerformUnderperform
29-Sep-05Bear StearnsDowngradeOutperformPeer Perform
1-Aug-05Smith Barney CitigroupUpgradeHoldBuy
29-Jul-05Friedman BillingsUpgradeMkt PerformOutperform
13-Jul-05Leerink SwannInitiatedOutperform
31-May-05Bear StearnsUpgradePeer PerformOutperform
29-Apr-05Friedman BillingsUpgradeUnderperformMkt Perform
28-Jan-05Bear StearnsUpgradePeer PerformOutperform
20-Dec-04CSFBDowngradeNeutralUnderperform
20-Dec-04JP MorganDowngradeOverweightNeutral
24-Nov-04Smith Barney CitigroupDowngradeBuyHold
3-Nov-04Lehman BrothersUpgradeUnderweightEqual-weight
7-Oct-04Bear StearnsDowngradePeer PerformUnderperform
16-Aug-04Bear StearnsUpgradeUnderperformPeer Perform
26-Jul-04Smith Barney CitigroupUpgradeHoldBuy
21-May-04BernsteinDowngradeOutperformMkt Perform
12-Jan-04Bear StearnsDowngradePeer PerformUnderperform
6-Jan-04Smith Barney CitigroupUpgradeSellHold
19-Nov-03Friedman BillingsDowngradeMkt PerformUnderperform
14-Aug-03UBSUpgradeNeutralBuy
17-Jul-03HSBC SecuritiesDowngradeReduceSell
2-Jul-03Friedman BillingsUpgradeUnderperformMkt Perform
7-May-03PrudentialInitiatedHold
3-Apr-03Merrill LynchDowngradeBuyNeutral
10-Mar-03UBS WarburgUpgradeNeutralBuy
31-Jan-03SG CowenUpgradeMkt PerformOutperform
8-Jan-03Goldman SachsDowngradeOutperformIn-Line
2-Dec-02Morgan StanleyDowngradeOverweightEqual-weight
14-Oct-02Bear StearnsUpgradeUnderperformPeer Perform
14-Oct-02Goldman SachsUpgradeMkt PerformMkt Outperform
14-Oct-02JP MorganUpgradeUnderweightNeutral
3-Sep-02Banc of America SecUpgradeMkt PerformBuy
20-Aug-02BernsteinDowngradeOutperformMkt Perform
20-Aug-02Goldman SachsDowngradeMkt OutperformMkt Perform
5-Jul-02SG CowenUpgradeUnderperformNeutral
30-May-02Banc of America SecDowngradeBuyMkt Perform
26-Apr-02JP MorganUpgradeMkt UnderperformMkt Perform
20-Feb-02SG CowenDowngradeNeutralUnderperform
1-Feb-02Bear StearnsUpgradeNeutralAttractive
1-Feb-02Salomon Smth BrnyUpgradeNeutralBuy
16-Nov-01BernsteinUpgradeMkt PerformOutperform
21-Aug-01Bear StearnsInitiatedNeutral
20-Jun-01Banc of America SecDowngradeBuyMkt Perform
17-Apr-01Sanford BernsteinInitiatedMkt Perform
9-Feb-01Lehman BrothersDowngradeBuyMkt Perform
26-Oct-00Mrgn Stnly Dn WttrUpgradeNeutralOutperform
5-Jun-00DLJDowngradeTop PickBuy
25-Feb-00DLJUpgradeBuyTop Pick
5-Jan-00HSBC SecuritiesUpgradeReduceHold
8-Dec-99JP MorganDowngradeBuyLT Buy
7-Dec-99CIBC Wrld MktsInitiatedHold
1-Nov-99DLJDowngradeTop PickBuy
11-Oct-99Merrill LynchUpgradeNT NeutralNT Accum
15-Sep-99DLJUpgradeBuyTop Pick
21-Apr-99DLJUpgradeMkt PerformBuy
8-Apr-99DLJInitiatedBuy
7-Apr-99Mrgn Stnly Dn WttrInitiatedOutperform
6-Apr-99Bear StearnsInitiatedAttractive

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