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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
6-Feb-14HSBC SecuritiesUpgradeNeutralOverweight
20-Dec-13UBSUpgradeNeutralBuy
21-May-13UBSDowngradeBuyNeutral
31-Jan-12Barclays CapitalDowngradeOverweightEqual Weight
16-Dec-11HSBC SecuritiesUpgradeNeutralOverweight
17-Nov-11HSBC SecuritiesInitiatedNeutral
23-Mar-11Hudson SecuritiesUpgradeHoldBuy
14-Jan-11Hudson SecuritiesInitiatedHold
4-Jan-11Deutsche BankUpgradeHoldBuy
20-Dec-10HSBC SecuritiesInitiatedOverweight
25-Oct-10Barclays CapitalUpgradeEqual WeightOverweight
24-Jun-10ArgusDowngradeBuyHold
12-Apr-10BernsteinUpgradeMkt PerformOutperform
23-Sep-09Credit SuisseDowngradeOutperformNeutral
15-Sep-09ArgusUpgradeHoldBuy
12-Aug-09Standpoint ResearchDowngradeBuyHold
31-Jul-09CitigroupInitiatedBuy
19-Jun-09WachoviaUpgradeMkt PerformOutperform
19-Jun-09Barclays CapitalUpgradeUnderweightEqual Weight
22-Apr-09WachoviaDowngradeOutperformMkt Perform
5-Mar-09William BlairUpgradeMkt PerformOutperform
24-Feb-09Credit SuisseUpgradeNeutralOutperform
3-Nov-08Deutsche SecuritiesUpgradeSellHold
25-Sep-08Deutsche SecuritiesDowngradeHoldSell
14-Nov-07WachoviaInitiatedOutperform
10-Oct-07Lehman BrothersUpgradeEqual-weightOverweight
11-Sep-07CitigroupInitiatedHold
13-Jul-07JP MorganUpgradeNeutralOverweight
11-May-07Stifel NicolausInitiatedBuy
15-Mar-07AG EdwardsUpgradeHoldBuy
2-Mar-07Susquehanna FinancialUpgradeNeutralPositive
2-Feb-07Bear StearnsInitiatedPeer Perform
31-Jan-07Lehman BrothersDowngradeOverweightEqual-weight
8-Nov-06Banc of America SecInitiatedBuy
10-Oct-06JP MorganDowngradeOverweightNeutral
4-Oct-06Matrix ResearchDowngradeHoldSell
27-Jul-06AG EdwardsDowngradeBuyHold
30-Mar-06Goldman SachsDowngradeOutperformIn-Line
24-Mar-06Susquehanna FinancialDowngradePositiveNeutral
10-Mar-06UBSInitiatedBuy
21-Feb-06Credit SuisseDowngradeOutperformNeutral
13-Feb-06Matrix ResearchInitiatedBuy
12-May-05Susquehanna FinancialInitiatedNet Positive
18-Mar-05Raymond JamesUpgradeMkt PerformOutperform
26-May-04Deutsche SecuritiesUpgradeHoldBuy
18-Dec-03Blaylock & PartnersDowngradeBuyHold
11-Dec-03Lehman BrothersUpgradeEqual-weightOverweight
3-Oct-03PrudentialInitiatedUnderweight
19-Sep-03Banc of America SecDowngradeBuyNeutral
9-Jul-03Deutsche SecuritiesDowngradeBuyHold
25-Jun-03CIBC Wrld MktsUpgradeSector PerformSector Outperform
7-May-03FulcrumDowngradeBuyNeutral
7-May-03Merrill LynchInitiatedBuy
21-Apr-03Smith Barney CitigroupDowngradeOutperformIn-line
2-Apr-03Goldman SachsInitiatedOutperform
25-Mar-03Gerard Klauer MattisonInitiatedBuy
19-Mar-03Banc of America SecUpgradeNeutralBuy
7-Feb-03FulcrumInitiatedBuy
20-Dec-02Raymond JamesDowngradeOutperformMkt Perform
19-Sep-02Banc of America SecInitiatedMkt Perform
17-Jul-02Morgan StanleyUpgradeEqual-weightOverweight
10-Jun-02AG EdwardsUpgradeBuyStrong Buy
22-Mar-02Buckingham ResearchUpgradeAccumulateStrong Buy
15-Mar-02Deutsche Bc Alex. BrUpgradeBuyStrong Buy
11-Mar-02AG EdwardsDowngradeStrong BuyBuy
19-Feb-02AG EdwardsUpgradeBuyStrong Buy
21-Nov-01Morgan StanleyDowngradeOutperformNeutral
20-Nov-01AG EdwardsDowngradeStrong BuyBuy
1-Nov-01AG EdwardsUpgradeHoldStrong Buy
31-Oct-01Lehman BrothersUpgradeMkt PerformBuy
26-Sep-01Deutsche Bc Alex. BrUpgradeMkt PerformBuy
21-Sep-01Goldman SachsDowngradeMkt OutperformMkt Perform
17-Sep-01Legg MasonDowngradeStrong BuyMkt Perform
17-Sep-01AG EdwardsDowngradeAccumulateMaintain Position
26-Jul-01Salomon Smth BrnyDowngradeBuyOutperform
3-May-01Buckingham ResearchInitiatedAccumulate
22-Mar-01Mrgn Stnly Dn WttrUpgradeNeutralOutperform
19-Mar-01Merrill LynchInitiatedNT Accum/LT Accum
9-Feb-01Mrgn Stnly Dn WttrInitiatedNeutral
23-Jan-01Legg MasonUpgradeBuyStrong Buy
3-Jan-01UBS WarburgDowngradeStrong BuyBuy
22-Dec-00CSFBUpgradeBuyStrong Buy
21-Sep-00Salomon Smth BrnyUpgradeOutperformBuy
30-Jun-00Raymond JamesInitiatedBuy
21-Jun-00Lehman BrothersDowngradeBuyOutperform
20-Jun-00PaineWebberDowngradeBuyAttractive
20-Jun-00Merrill LynchDowngradeNT AccumNT Neutral
20-Jun-00Goldman SachsDowngradeRecommended ListMarket Outperform
20-Jun-00Banc of America SecDowngradeBuyMarket Perform
8-Jun-00CIBC Wrld MktsInitiatedBuy
2-Jun-00Lazard FreresDowngradeBuyOutperform
26-May-00CSFBInitiatedBuy
20-Mar-00CSFBDowngradeStrong BuyBuy
20-Mar-00Deutsche Bc Alex. BrDowngradeStrong BuyBuy
20-Mar-00Salomon Smth BrnyDowngradeBuyOutperform
15-Feb-00Banc of America SecDowngradeStrong BuyBuy
15-Feb-00Schroder & CoUpgradeOutperformOutperf. Signif.
31-Jan-00Deutsche Bc Alex. BrUpgradeBuyStrong Buy
25-Jan-00CSFBUpgradeBuyStrong Buy
10-Sep-99Schroder & CoInitiatedOutperform
10-Aug-99Mrgn Stnly Dn WttrInitiatedOutperform
28-May-99AG EdwardsUpgradeMaintainAccumulate
5-May-99JP MorganInitiatedLT Buy
3-May-99DLJUpgradeMkt PerformBuy
9-Apr-99Salomon Smth BrnyInitiatedBuy
5-Jan-99Legg MasonInitiatedOutperform
4-Jan-99DLJDowngradeBuyMkt Perform
24-Nov-98PaineWebberInitiatedBuy
6-Nov-98DLJDowngradeTop PickBuy
2-Oct-98Salomon Smth BrnyDowngradeOutperformNeutral
18-Sep-98Lehman BrosUpgradeOutperformBuy
11-Sep-98DLJUpgradeMkt PerformTop Pick
25-Aug-98NB MontgomeryInitiatedBuy
16-Apr-98Furman SelzInitiatedStrong Buy

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