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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
25-Feb-14StifelInitiatedBuy
19-Dec-13UBSInitiatedBuy
2-Oct-13Standpoint ResearchDowngradeBuyHold
20-Jun-13Standpoint ResearchUpgradeHoldBuy
23-May-13Standpoint ResearchDowngradeBuyHold
17-Dec-12Dahlman RoseUpgradeHoldBuy
1-Aug-12Dahlman RoseDowngradeBuyHold
30-May-12Imperial CapitalInitiatedOutperform
1-Aug-11Dahlman RoseUpgradeHoldBuy
11-Apr-11Dahlman RoseDowngradeBuyHold
16-Jul-10Dahlman RoseInitiatedBuy
14-Jun-10Deutsche BankInitiatedBuy
23-Mar-10Hudson SecuritiesInitiatedBuy
28-Sep-09Next GenerationInitiatedBuy
1-Jun-09Stifel NicolausUpgradeHoldBuy
23-Mar-09Stifel NicolausDowngradeBuyHold
4-Nov-08Jesup & LamontInitiatedBuy
25-Sep-08Stifel NicolausInitiatedBuy
15-Sep-08UBSUpgradeNeutralBuy
12-Aug-08JP MorganUpgradeNeutralOverweight
11-Apr-08Credit SuisseUpgradeNeutralOutperform
20-Mar-08UBSDowngradeBuyNeutral
12-Mar-08JP MorganDowngradeOverweightNeutral
9-Jan-08Bear StearnsUpgradePeer PerformOutperform
9-Jan-08UBSUpgradeNeutralBuy
20-Dec-07Credit SuisseInitiatedNeutral
22-Aug-07Calyon SecuritiesUpgradeNeutralAdd
17-Jul-07UBSUpgradeReduceNeutral
31-May-07SoleilInitiatedBuy
30-May-07Cathay FinancialInitiatedOutperform
17-May-07Lehman BrothersInitiatedOverweight
7-May-07UBSInitiatedReduce
3-May-07PrudentialInitiatedUnderweight
15-Sep-05Calyon SecuritiesDowngradeNeutralSell
14-Sep-05Bear StearnsDowngradePeer PerformUnderperform
13-Sep-05JP MorganDowngradeOverweightUnderweight
16-Aug-05FulcrumDowngradeNeutralSell
18-May-05JP MorganUpgradeNeutralOverweight
12-May-05Calyon SecuritiesDowngradeAddNeutral
3-May-05Lehman BrothersDowngradeOverweightEqual-weight
14-Apr-05UBSDowngradeBuyNeutral
12-Apr-05FulcrumDowngradeBuyNeutral
31-Jan-05Merrill LynchUpgradeSellNeutral
14-Jan-05PrudentialInitiatedUnderweight
5-Jan-05Merrill LynchDowngradeNeutralSell
24-Nov-04UBSUpgradeReduceBuy
29-Oct-04Smith Barney CitigroupUpgradeSellHold
28-Oct-04Bear StearnsUpgradeUnderperformPeer Perform
26-Oct-04JP MorganUpgradeUnderweightNeutral
20-Oct-04Bear StearnsDowngradePeer PerformUnderperform
19-Oct-04UBSDowngradeBuyReduce
15-Oct-04JP MorganDowngradeNeutralUnderweight
23-Sep-04Merrill LynchDowngradeBuyNeutral
20-Jul-04JP MorganDowngradeOverweightNeutral
15-Jul-04FulcrumInitiatedBuy
26-May-04Blaylock & PartnersDowngradeHoldSell
20-May-04Lehman BrothersUpgradeEqual-weightOverweight
15-Apr-04PrudentialDowngradeNeutralUnderweight
6-Apr-04Smith Barney CitigroupInitiatedSell
30-Jan-04CSFBDowngradeNeutralUnderperform
15-Jan-04Deutsche SecuritiesDowngradeBuyHold
8-Oct-03PrudentialInitiatedNeutral
18-Jul-03CSFBDowngradeOutperformNeutral
18-Jul-03Bear StearnsDowngradeOutperformPeer Perform
17-Jun-03Lehman BrothersDowngradeOverweightEqual-weight
2-May-03Merrill LynchUpgradeNeutralBuy
8-Apr-03FulcrumInitiatedBuy
1-Apr-03Goldman SachsDowngradeOutperformIn-Line
25-Mar-03Bear StearnsInitiatedOutperform
12-Mar-03JP MorganUpgradeNeutralOverweight
16-Dec-02CSFBUpgradeNeutralOutperform
18-Sep-02Merrill LynchDowngradeBuyNeutral
24-May-02JP MorganInitiatedLT Buy
24-Apr-02Merrill LynchUpgradeNT BuyNT Strong Buy
11-Apr-02UBS WarburgUpgradeHoldBuy
5-Mar-02UBS WarburgDowngradeBuyHold
5-Mar-02Lehman BrothersInitiatedStrong Buy
11-Feb-02UBS WarburgDowngradeStrong BuyBuy
7-Feb-02ABN AMROUpgradeAddBuy
29-Nov-01Deutsche Bc Alex. BrUpgradeBuyStrong Buy
2-Oct-01Merrill LynchUpgradeNT NeutralNT Accum
1-Oct-01ABN AMROUpgradeHoldAdd
21-Sep-01Deutsche Bc Alex. BrDowngradeStrong BuyBuy
29-May-01ABN AMRODowngradeAddHold
14-May-01Merrill LynchDowngradeNT AccumNT Neutral
23-Apr-01CSFBUpgradeHoldBuy
13-Mar-01Merrill LynchDowngradeNT BuyNT Accum
19-Jan-01CSFBDowngradeBuyHold
5-Jan-01CIBC Wrld MktsDowngradeBuyHold
4-Jan-01Deutsche Bc Alex. BrDowngradeStrong BuyBuy
3-Jan-01Mrgn Stnly Dn WttrUpgradeOutperformStrong Buy
12-Oct-00CSFBInitiatedBuy
18-Sep-00Salomon Smth BrnyDowngradeOutperformNeutral
25-May-00DLJDowngradeBuyMarket Perform
27-Apr-00Deutsche Bc Alex. BrUpgradeBuyStrong Buy
6-Mar-00CIBC Wrld MktsUpgradeHoldBuy
9-Dec-99ING BaringsInitiatedBuy
20-Jul-99Deutsche Bc Alex. BrUpgradeMkt PerformBuy
9-Jun-99Warburg Dlln RdDowngradeHoldReduce
27-May-99Paine WebberUpgradeAttractiveBuy
23-Apr-99CIBC OppenheimerDowngradeBuyHold
16-Apr-99PaineWebberDowngradeBuyAttractive
15-Apr-99BT Alex. BrownDowngradeBuyMkt Perform
30-Mar-99Mrgn Stnly Dn WttrInitiatedOutperform
22-Feb-99DLJUpgradeMkt PerformBuy
15-Jan-99Merrill LynchUpgradeNT AccumulateNT Buy
24-Nov-98BT Alex. BrownDowngradeStrong BuyBuy
19-Nov-98Salomon Smth BrnyDowngradeBuyOutperform
10-Nov-98Gruntal & CoUpgradeHoldBuy
8-Oct-98Merrill LynchDowngradeNT BuyNT Accumulate
5-Aug-98CIBC OppenheimerInitiatedBuy
21-Apr-98Gruntal & CoDowngradeBuyHold
27-Mar-98BT Alex. BrownInitiatedBuy

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