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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
16-Oct-14FBR CapitalUpgradeMkt PerformOutperform
2-Oct-14UBSUpgradeNeutralBuy
2-Jul-14Deutsche BankUpgradeHoldBuy
21-May-14MKM PartnersInitiatedBuy
17-Apr-14OppenheimerUpgradePerformOutperform
19-Nov-12Stifel NicolausUpgradeHoldBuy
21-May-12JMP SecuritiesDowngradeMkt PerformMkt Underperform
27-Mar-12Robert W. BairdDowngradeOutperformNeutral
4-May-11UBSInitiatedNeutral
24-Mar-11FBR CapitalDowngradeOutperformMkt Perform
27-Oct-10Standpoint ResearchUpgradeAccumulateBuy
20-Oct-10Stifel NicolausDowngradeBuyHold
20-Oct-10OppenheimerDowngradeOutperformPerform
23-Aug-10Standpoint ResearchUpgradeHoldAccumulate
14-Jan-10Ladenburg ThalmannInitiatedBuy
17-Dec-09UBSInitiatedBuy
7-Oct-09Wells FargoUpgradeMarket PerformOutperform
2-Oct-09BernsteinInitiatedOutperform
23-Sep-09Collins StewartInitiatedBuy
24-Jul-09Standpoint ResearchInitiatedHold
11-Jun-09Keefe BruyetteUpgradeMkt PerformOutperform
7-May-09Robert W. BairdUpgradeNeutralOutperform
28-Apr-09Deutsche SecuritiesInitiatedHold
14-Apr-09WachoviaInitiatedUnderperform
14-Apr-09Credit SuisseInitiatedNeutral
13-Feb-09ArgusDowngradeBuyHold
21-Jan-09Robert W. BairdDowngradeOutperformNeutral
20-Jan-09Stifel NicolausDowngradeBuyHold
5-Jan-09Fox PittUpgradeIn LineOutperform
23-Dec-08Sterne AgeeInitiatedSell
13-Oct-08Stifel NicolausUpgradeHoldBuy
10-Oct-08ArgusUpgradeHoldBuy
9-Oct-08Robert W. BairdUpgradeNeutralOutperform
8-Oct-08Keefe BruyetteUpgradeUnderperformMkt Perform
10-Sep-08Keefe BruyetteDowngradeMkt PerformUnderperform
8-Aug-08UBSDowngradeBuyNeutral
11-Mar-08Fox PittDowngradeOutperformIn Line
8-Jan-08Robert W. BairdInitiatedNeutral
20-Dec-07Credit SuisseInitiatedNeutral
17-Dec-07CitigroupDowngradeBuyHold
14-Nov-07Punk, Ziegel & CoUpgradeMkt PerformBuy
1-Nov-07CIBC Wrld MktsDowngradeSector OutperformSector Perform
18-Jul-07Punk, Ziegel & CoDowngradeBuyMkt Perform
19-Jun-07UBSUpgradeNeutralBuy
13-Apr-07Stifel NicolausInitiatedHold
12-Apr-07Deutsche SecuritiesInitiatedHold
4-Dec-06Keefe BruyetteDowngradeOutperformMkt Perform
11-Oct-06BernsteinDowngradeOutperformMkt Perform
11-Sep-06UBSDowngradeBuyNeutral
16-Jun-06Brean MurrayInitiatedStrong Buy
26-May-06Friedman BillingsInitiatedOutperform
11-Apr-06CitigroupInitiatedBuy
10-Jan-06Sandler O'NeillDowngradeBuyHold
19-Dec-05PrudentialDowngradeOverweightNeutral
3-Oct-05Sandler O'NeillUpgradeHoldBuy
19-Jul-05RBC Capital MktsDowngradeOutperformSector Perform
13-Jul-05Morgan StanleyUpgradeEqual-weightOverweight
28-Jun-05AdvestInitiatedBuy
2-Mar-05CIBC Wrld MktsInitiatedSector Outperform
31-Jan-05Piper JaffrayUpgradeMarket PerformOutperform
22-Nov-04Marquis Investment ResearchInitiatedHold
18-Oct-04Punk, Ziegel & CoInitiatedBuy
14-Oct-04Raymond JamesDowngradeOutperformMkt Perform
14-Sep-04Morgan StanleyDowngradeOverweightEqual-weight
8-Jul-04JP MorganInitiatedOverweight
12-May-04PrudentialUpgradeNeutralOverweight
29-Mar-04RBC Capital MktsUpgradeSector PerformOutperform
19-Mar-04Bear StearnsUpgradeUnderperformOutperform
27-Oct-03AG EdwardsDowngradeBuyHold
27-Oct-03DA DavidsonDowngradeBuyNeutral
27-Oct-03USB Piper JaffrayDowngradeStrong BuyMarket Perform
20-Oct-03Bear StearnsDowngradeOutperformUnderperform
29-Sep-03Lehman BrothersDowngradeOverweightEqual-weight
4-Sep-03Friedman BillingsDowngradeOutperformMkt Perform
19-Aug-03UBSUpgradeNeutralBuy
15-Jul-03Putnam LovellUpgradeSector PerformOutperform
13-May-03FulcrumInitiatedNeutral
13-Aug-02Merrill LynchUpgradeNT BuyNT Strong Buy
10-Jul-02Legg MasonInitiatedBuy
11-Jun-02Friedman BillingsInitiatedBuy
15-May-02Morgan StanleyInitiatedEqual-weight
15-Apr-02DA DavidsonDowngradeStrong BuyBuy
8-Apr-02Bear StearnsUpgradeNeutralAttractive
30-Jan-02CSFBUpgradeHoldBuy
23-Jan-02AG EdwardsUpgradeHoldBuy
22-Jan-02Merrill LynchUpgradeNT NeutralNT Buy
7-Jan-02PrudentialDowngradeBuyHold
14-Nov-01Bear StearnsInitiatedNeutral
12-Nov-01AG EdwardsDowngradeBuyHold
15-Oct-01Stephens IncUpgradeMkt OutperformBuy
20-Sep-01JP MorganUpgradeMkt PerformBuy
19-Sep-01Morgan StanleyUpgradeNeutralOutperform
11-Jul-01USB Piper JaffrayInitiatedStrong Buy
4-Jun-01Salomon Smth BrnyUpgradeOutperformBuy
31-May-01ABN AMROUpgradeAddBuy
30-May-01ABN AMROUpgradeAddBuy
19-Apr-01ING BaringsUpgradeHoldBuy
29-Mar-01Advest IncInitiatedBuy
26-Mar-01Keefe BruyetteDowngradeMkt PerformUnderperform
23-Mar-01Friedman BillingsUpgradeMkt PerformBuy
8-Mar-01PrudentialInitiatedStrong Buy
6-Feb-01UBS WarburgDowngradeBuyHold
7-Dec-00AG EdwardsDowngradeBuyAccumulate
7-Dec-00Dain Rauscher WesselsDowngradeBuyNeutral
7-Dec-00Lehman BrothersDowngradeBuyOutperform
7-Dec-00Stephens IncDowngradeBuyMkt Outperform
6-Dec-00CIBC Wrld MktsDowngradeStrong BuyBuy
16-Nov-00JP MorganDowngradeBuyMkt Perform
18-Oct-00Deutsche Bc Alex. BrDowngradeStrong BuyMkt Perform
17-Oct-00Raymond JamesDowngradeStrong BuyBuy
16-Oct-00ING BaringsDowngradeBuyHold
13-Oct-00CSFBInitiatedHold
12-Sep-00PrudentialInitiatedHold
4-Aug-00Lehman BrothersUpgradeOutperformBuy
18-Jul-00AG EdwardsUpgradeAccumulateBuy
6-Jun-00Merrill LynchDowngradeNT AccumNT Neutral
5-Jun-00DLJDowngradeBuyMarket Perform
25-May-00Mrgn Stnly Dn WttrDowngradeOutperformNeutral
25-May-00ING BaringsUpgradeHoldBuy
25-Apr-00Warburg Dillon ReadInitiatedBuy
30-Mar-00Warburg Dillon ReadUpgradeReduceHold
4-Jan-00DLJInitiatedBuy
3-Dec-99Stephens IncInitiatedBuy
18-Oct-99First Union SecUpgradeBuyStrong Buy
8-Oct-99Friedman BillingsDowngradeBuyAccumulate
6-Oct-99Dain Rauscher WesselsInitiatedBuy
19-Aug-99Schroder & CoInitiatedOutperform
3-Aug-99ING BaringsInitiatedHold
28-May-99Mrgn Stnly Dn WttrUpgradeNeutralOutperform
1-Feb-99Friedman BillingsUpgradeAccumulateBuy
20-Jan-99BT Alex. BrownUpgradeBuyStrong Buy
11-Jan-99Interstate/JohnsonDowngradeStrong BuyLT Buy
23-Dec-98Wheat First UnionUpgradeOutperformBuy
15-Oct-98AG EdwardsDowngradeBuyAccumulate
15-Oct-98Mrgn Stnly Dn WttrDowngradeOutperformNeutral
15-Oct-98Friedman BillingsDowngradeBuyAccumulate
14-Oct-98Warburg Dlln RdDowngradeStrong BuyReduce
14-Oct-98BT Alex. BrownDowngradeStrong BuyBuy
2-Oct-98CS First BostonDowngradeBuyHold
25-Sep-98Merrill LynchUpgradeNT NeutralNT Accumulate
11-Jun-98UBS SecuritiesUpgradeBuyStrong Buy
8-Apr-98Schroder & CoUpgradePerform In LineOutperform
7-Apr-98Schroder & CoUpgradePerform In LineOutperform
7-Apr-98Interstate/JohnsonDowngradeStrong BuyLT Buy
6-Apr-98Schroder & CoUpgradePerform In LineOutperform
3-Apr-98Schroder & CoUpgradePerform In LineOutperform
2-Apr-98Schroder & CoUpgradePerform In LineOutperform
1-Apr-98Schroder & CoUpgradePerform In LineOutperform

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