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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
5-Mar-14BarclaysInitiatedOverweight
21-Nov-13Deutsche BankInitiatedHold
29-Oct-13FBR CapitalInitiatedOutperform
20-Mar-13ISI GroupDowngradeStrong BuyBuy
4-Jan-13MizuhoUpgradeNeutralBuy
9-Oct-12ISI GroupUpgradeHoldBuy
22-Jun-12MizuhoInitiatedNeutral
14-Feb-11ArgusUpgradeHoldBuy
29-Oct-10Robert W. BairdUpgradeNeutralOutperform
11-Feb-10OppenheimerUpgradePerformOutperform
29-Jan-10Thomas WeiselUpgradeMarket WeightOverweight
19-Nov-09UBSInitiatedBuy
6-Nov-09Jefferies & CoDowngradeBuyHold
24-Sep-09Deutsche SecuritiesDowngradeBuyHold
10-Sep-09OppenheimerDowngradeOutperformPerform
1-Jul-09Lazard Capital MktsInitiatedHold
12-May-09Jefferies & CoInitiatedBuy
10-Apr-08CitigroupDowngradeBuyHold
29-Oct-07Credit SuisseUpgradeNeutralOutperform
19-Jul-07Credit SuisseDowngradeOutperformNeutral
29-Mar-07CIBC Wrld MktsInitiatedSector Outperform
23-Jan-07JMP SecuritiesUpgradeMkt PerformMkt Outperform
1-Dec-06UBSUpgradeNeutralBuy
30-Nov-06Deutsche SecuritiesUpgradeHoldBuy
10-Nov-06CitigroupDowngradeBuyHold
14-Jun-06CitigroupInitiatedBuy
11-Nov-05JMP SecuritiesInitiatedMkt Perform
14-Sep-05William BlairUpgradeMkt PerformOutperform
9-Sep-05Goldman SachsUpgradeIn-LineOutperform
27-Jul-05AG EdwardsUpgradeHoldBuy
7-Jul-05Deutsche SecuritiesInitiatedHold
21-Jun-05CSFBInitiatedOutperform
30-Mar-05Susquehanna FinancialInitiatedNet Neutral
29-Mar-05Raymond JamesUpgradeMkt PerformOutperform
7-Feb-05Bear StearnsUpgradePeer PerformOutperform
3-Feb-05JP MorganUpgradeNeutralOverweight
9-Dec-04Jefferies & CoInitiatedHold
7-Dec-04Leerink SwannInitiatedMkt Perform
8-Nov-04Robert W. BairdUpgradeNeutralOutperform
13-Jul-04Morgan StanleyInitiatedEqual-weight
1-Jul-04Bear StearnsDowngradeOutperformPeer Perform
1-Jul-04Jefferies & CoDowngradeBuyHold
1-Jul-04WR HambrechtDowngradeBuyHold
26-Mar-04Goldman SachsUpgradeIn-LineOutperform
20-Jan-04UBSDowngradeBuyNeutral
2-Jan-04Merrill LynchDowngradeBuyNeutral
12-Dec-03Deutsche SecuritiesInitiatedBuy
7-Nov-03Morgan StanleyDowngradeOverweightEqual-weight
7-Nov-03UBSInitiatedBuy
14-Oct-03Soundview TechnologyInitiatedOutperform
1-Aug-03JP MorganDowngradeOverweightNeutral
8-May-03Robert W. BairdInitiatedNeutral
24-Apr-03First AlbanyDowngradeBuyNeutral
9-Apr-03Banc of America SecInitiatedBuy
17-Mar-03Bear StearnsUpgradePeer PerformOutperform
13-Mar-03AG EdwardsDowngradeBuyHold
7-Feb-03Raymond JamesInitiatedOutperform
2-Jan-03Jefferies & CoUpgradeAccumulateBuy
19-Nov-02Goldman SachsDowngradeOutperformIn-Line
23-Oct-02UBS WarburgDowngradeBuyHold
16-Aug-02Thomas WeiselUpgradeMkt PerformAttractive
29-Jul-02CSFBUpgradeBuyStrong Buy
17-Jun-02SG CowenUpgradeBuyStrong Buy
22-May-02Thomas WeiselInitiatedMkt Perform
9-May-02First AlbanyInitiatedBuy
9-May-02SG CowenInitiatedBuy
14-Mar-02PrudentialInitiatedBuy
21-Dec-01AG EdwardsUpgradeBuyStrong Buy
24-Oct-01Merrill LynchUpgradeNT AccumNT Buy
23-Oct-01McDonald InvstUpgradeBuyAggressive Buy
5-Oct-01Jefferies & CoInitiatedBuy
15-Aug-01W.R. HambrechtInitiatedBuy
31-Jul-01ABN AMROUpgradeAddBuy
6-Jun-01Buckingham ResearchDowngradeAccumulateNeutral
23-Apr-01Bear StearnsInitiatedAttractive
4-Apr-01USB Piper JaffrayInitiatedBuy
23-Mar-01Goldman SachsUpgradeMkt OutperformRecomm List
9-Mar-01Dresdner Klnwrt WassersteinInitiatedBuy
20-Dec-00ING BaringsInitiatedBuy
4-Dec-00AG EdwardsDowngradeBuyAccumulate
9-Nov-00Dain Rauscher WesselsInitiatedBuy
25-Oct-00CIBC Wrld MktsDowngradeBuyHold
24-Oct-00Goldman SachsDowngradeRecommended ListMarket Outperform
19-Oct-00McDonald InvstDowngradeAggressive BuyBuy
29-Jun-00Deutsche Bc Alex. BrInitiatedBuy
9-May-00Legg MasonInitiatedStrong Buy
8-Mar-00George K. BaumInitiatedBuy
14-Feb-00AG EdwardsUpgradeAccumulateBuy
25-Jan-00McDonald InvstUpgradeBuyAggressive Buy
13-Jan-00Goldman SachsInitiatedRecommended List
2-Dec-99First Union SecInitiatedStrong Buy
15-Nov-99McDonald InvstInitiatedBuy
1-Nov-99DLJUpgradeBuyTop Pick
22-Oct-99Warburg Dillon ReadDowngradeBuyHold
14-Oct-99Salomon Smth BrnyInitiatedBuy
14-Sep-99Merrill LynchInitiatedNT Accum/LT Buy
25-Aug-99CSFBInitiatedBuy
22-Jul-99Brown BrothersDowngradeST Strong BuyST Neutral
28-Jun-99First Union Cap MktsDowngradeBuyOutperform
23-Jun-99CIBC World MarketsInitiatedBuy
14-Apr-99Lehman BrosInitiatedBuy
14-Apr-99Sands BrosInitiatedStrong Buy
14-Jan-99JP MorganInitiatedBuy
26-Nov-98Warburg Dlln RdInitiatedBuy
25-Nov-98Warburg Dlln RdInitiatedBuy
9-Oct-98Friedman BillingsUpgradeOutperformBuy
25-Mar-98Merrill LynchInitiatedBuy

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