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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
19-Jun-14Global Hunter SecuritiesInitiatedNeutral
20-Feb-14Deutsche BankInitiatedBuy
15-Aug-13ArgusDowngradeBuyHold
9-Aug-13UBSDowngradeNeutralSell
19-Mar-13UBSDowngradeBuyNeutral
28-Sep-11Barclays CapitalInitiatedOverweight
19-Nov-10UBSUpgradeNeutralBuy
9-Aug-10LongbowUpgradeNeutralBuy
2-Jun-10Morgan JosephUpgradeHoldBuy
18-Feb-10JP MorganUpgradeNeutralOverweight
2-Feb-10Morgan JosephInitiatedHold
30-Nov-09Wells FargoUpgradeMarket PerformOutperform
30-Nov-09JP MorganUpgradeUnderweightNeutral
19-Oct-09RBC Capital MktsInitiatedSector Perform
3-Sep-09JP MorganDowngradeNeutralUnderweight
26-Jun-09CitigroupInitiatedBuy
8-May-09Stifel NicolausDowngradeBuyHold
24-Mar-09Jefferies & CoInitiatedBuy
19-Feb-09Wall Street AccessDowngradeStrong BuyHold
6-Feb-09Barclays CapitalInitiatedOverweight
13-Jan-09JP MorganDowngradeOverweightNeutral
8-Jan-09BernsteinUpgradeMkt PerformOutperform
26-Nov-08WachoviaDowngradeOutperformMkt Perform
14-Aug-08Stifel NicolausUpgradeHoldBuy
25-Mar-08Sterne AgeeInitiatedSell
26-Nov-07Banc of America SecUpgradeNeutralBuy
2-Apr-07Stifel NicolausDowngradeBuyHold
22-Mar-07UBSDowngradeBuyNeutral
7-Mar-07Lehman BrothersUpgradeEqual-weightOverweight
23-Feb-07Matrix ResearchDowngradeBuyHold
15-Feb-07LongbowUpgradeSellNeutral
9-Feb-07Goldman SachsInitiatedBuy
26-Jan-07JP MorganInitiatedOverweight
8-Dec-06Banc of America SecInitiatedNeutral
28-Nov-06Credit SuisseInitiatedOutperform
22-Nov-06WachoviaUpgradeMkt PerformOutperform
22-Sep-06LongbowDowngradeNeutralSell
20-Sep-06PrudentialInitiatedOverweight
15-Sep-06WachoviaInitiatedMkt Perform
5-Sep-06UBSUpgradeNeutralBuy
28-Nov-05Morgan StanleyUpgradeEqual-weightOverweight
17-Nov-05UBSDowngradeBuyNeutral
3-Aug-05LongbowUpgradeSellNeutral
7-Jul-05Goldman SachsInitiatedUnderperform
5-Jul-05Bear StearnsUpgradePeer PerformOutperform
3-Jun-05LongbowInitiatedSell
7-Jan-05Bear StearnsDowngradePeer PerformUnderperform
1-Nov-04Smith Barney CitigroupUpgradeHoldBuy
22-Oct-04Legg MasonUpgradeHoldBuy
13-Oct-04Goldman SachsDowngradeOutperformIn-Line
9-Aug-04UBSUpgradeNeutralBuy
10-May-04JP MorganDowngradeOverweightNeutral
23-Apr-04Legg MasonDowngradeBuyHold
23-Apr-04UBSDowngradeBuyNeutral
6-Feb-04Deutsche SecuritiesInitiatedHold
17-Nov-03Legg MasonDowngradeBuyHold
16-Oct-03CIBC Wrld MktsUpgradeSector PerformSector Outperform
2-Sep-03Robert W. BairdDowngradeOutperformNeutral
25-Jul-03Bear StearnsUpgradeUnderperformPeer Perform
22-Jul-03UBSUpgradeNeutralBuy
23-Jun-03Merrill LynchUpgradeNeutralBuy
3-Jun-03Bear StearnsInitiatedUnderperform
12-May-03PrudentialUpgradeHoldBuy
17-Apr-03CIBC Wrld MktsUpgradeSector UnderperformSector Perform
13-Mar-03Lehman BrothersUpgradeUnderweightEqual-weight
27-Jan-03Legg MasonUpgradeHoldBuy
10-Dec-02Salomon Smth BrnyDowngradeOutperformIn-line
15-Nov-02Legg MasonDowngradeBuyHold
22-Oct-02UBS WarburgDowngradeBuyHold
12-Sep-02Goldman SachsUpgradeMkt UnderperformMkt Perform
1-Aug-02PrudentialInitiatedHold
12-Jul-02CIBC Wrld MktsInitiatedUnderperform
2-Jul-02Merrill LynchUpgradeNT Reduce/SellNT Neutral
12-Jun-02Goldman SachsDowngradeMkt PerformMkt Underperform
16-May-02AG EdwardsUpgradeSellHold
15-May-02Robert W. BairdUpgradeMkt PerformMkt Outperform
12-Apr-02Legg MasonUpgradeMkt PerformBuy
8-Feb-02ABN AMROUpgradeHoldAdd
10-Dec-01Legg MasonDowngradeStrong BuyMkt Perform
28-Aug-01AG EdwardsDowngradeMaintain PositionReduce
22-Aug-01Legg MasonDowngradeBuyMkt Perform
15-Aug-01Goldman SachsUpgradeMkt OutperformRecomm List
15-Aug-01Bear StearnsUpgradeNeutralAttractive
30-Jul-01Salomon Smth BrnyUpgradeNeutralBuy
8-Jun-01Deutsche Bc Alex. BrInitiatedBuy
1-Jun-01Robert W. BairdInitiatedMkt Perform
16-May-01Dresdner Klnwrt WassDowngradeBuyAdd
23-Mar-01Bear StearnsDowngradeAttractiveNeutral
21-Mar-01Goldman SachsDowngradeRecomm ListMkt Perform
7-Mar-01Legg MasonUpgradeMkt PerformStrong Buy
6-Mar-01Mrgn Stnly Dn WttrUpgradeNeutralOutperform
14-Feb-01AG EdwardsDowngradeAccumulateMaintain Position
26-Oct-00Salomon Smth BrnyInitiatedNeutral
16-Aug-00AG EdwardsUpgradeMaintain PositionAccumulate
7-Aug-00Bear StearnsDowngradeBuyAttractive
26-May-00Mrgn Stnly Dn WttrDowngradeOutperformNeutral
16-Feb-00Bear StearnsInitiatedBuy
2-Feb-00Goldman SachsUpgradeMarket PerformRecommended List
3-Jan-00ING BaringsUpgradeHoldBuy
2-Dec-99DLJInitiatedMarket Perform
3-Nov-99Merrill LynchUpgradeNT NeutralNT Accum
26-Oct-99Legg MasonUpgradeOutperformBuy
14-Oct-99Schroder & CoUpgradeUnderperformPerform-In-Line
18-Aug-99Schroder & CoDowngradePerform-In-LineUnderperform
29-Jul-99Lehman BrothersInitiatedNeutral
9-Jul-99Deutsche Bc Alex. BrInitiatedMkt Perform
18-Jun-99JP MorganUpgradeMkt PerformBuy
7-May-99AG EdwardsDowngradeMaintainReduce
17-Mar-99Salomon Smth BrnyUpgradeNeutralBuy
4-Jan-99Legg MasonUpgradeMkt PerformOutperform
23-Nov-98Schroder & CoDowngradeOutperformPerform In Line
6-Nov-98Merrill LynchDowngradeNT AccumulateNT Neutral
16-Oct-98Schroder & CoDowngradeOutperform SignifOutperform
11-Sep-98Merrill LynchDowngradeNT BuyNT Accumulate
10-Sep-98Goldman SachsDowngradeRecomm. ListMkt Performer
31-Aug-98Legg MasonInitiatedMkt Perform
19-Aug-98CIBC OppenheimerDowngradeBuyHold
19-Aug-98ABN AMRODowngradeBuyHold
31-Jul-98Mgn Stnly Dn WitterDowngradeStrong BuyOutperform
7-May-98Goldman SachsInitiatedRecomm. List
1-Apr-98PaineWebberDowngradeAttractiveNeutral

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