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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    19-Feb-16JP MorganDowngradeOverweightNeutral
    2-Feb-16Wells FargoDowngradeOutperformMarket Perform
    12-Jan-16BofA/MerrillUpgradeUnderperformNeutral
    17-Nov-15Scotia Howard WeilInitiatedSector Perform
    6-Nov-15BMO Capital MarketsDowngradeOutperformMarket Perform
    18-Sep-15CitigroupInitiatedNeutral
    30-Jun-15MizuhoInitiatedNeutral
    1-Jun-15BernsteinUpgradeMkt PerformOutperform
    14-May-15Credit SuisseDowngradeOutperformNeutral
    22-Apr-15GuggenheimInitiatedBuy
    5-Jan-15UBSDowngradeBuyNeutral
    8-May-14BarclaysDowngradeOverweightEqual Weight
    5-Nov-13CRT CapitalInitiatedBuy
    1-Oct-13Deutsche BankUpgradeHoldBuy
    25-Sep-13ArgusUpgradeHoldBuy
    16-Apr-13RBC Capital MktsUpgradeSector PerformOutperform
    4-Apr-13ArgusDowngradeBuyHold
    15-Jan-13UBSUpgradeNeutralBuy
    18-Dec-12Deutsche BankUpgradeHoldBuy
    3-Dec-12BarclaysUpgradeEqual WeightOverweight
    1-Oct-12ArgusUpgradeHoldBuy
    11-Jul-12UBSDowngradeBuyNeutral
    24-May-12UBSUpgradeNeutralBuy
    9-Dec-11FBR CapitalUpgradeUnderperformMkt Perform
    24-Jun-11RBC Capital MktsInitiatedUnderperform
    11-Jan-11RBC Capital MktsDowngradeOutperformSector Perform
    23-Mar-10FBR CapitalInitiatedUnderperform
    26-Jan-10Sun Trust Rbsn HumphreyInitiatedNeutral
    2-Dec-09Deutsche BankInitiatedHold
    10-Aug-09OppenheimerDowngradeOutperformPerform
    5-Aug-09Barclays CapitalDowngradeOverweightEqual Weight
    30-Jun-09OppenheimerInitiatedOutperform
    23-Jun-09ArgusDowngradeBuyHold
    7-Apr-09Credit SuisseDowngradeOutperformNeutral
    4-Feb-09RBC Capital MktsUpgradeSector PerformOutperform
    2-Nov-07Deutsche SecuritiesDowngradeBuyHold
    7-Feb-07BMO Capital MarketsDowngradeOutperformMarket Perform
    2-Feb-07Jefferies & CoDowngradeBuyHold
    4-Jan-07BMO Capital MarketsUpgradeMarket PerformOutperform
    14-Dec-06Deutsche SecuritiesInitiatedHold
    6-Nov-06BMO Capital MarketsDowngradeOutperformMarket Perform
    29-Jun-06Lehman BrothersUpgradeEqual-weightOverweight
    24-Jan-06Banc of America SecUpgradeNeutralBuy
    24-Oct-05CIBC Wrld MktsUpgradeSector PerformSector Outperform
    30-Jun-05CSFBUpgradeNeutralOutperform
    26-May-05Goldman SachsInitiatedUnderperform
    10-May-05Smith Barney CitigroupDowngradeBuyHold
    6-May-05Deutsche SecuritiesInitiatedHold
    12-Apr-05CIBC Wrld MktsDowngradeSector OutperformSector Perform
    25-Feb-05Lehman BrothersUpgradeUnderweightEqual-weight
    25-Feb-05RBC Capital MktsUpgradeSector PerformOutperform
    14-Feb-05Smith Barney CitigroupUpgradeHoldBuy
    9-Feb-05CSFBDowngradeOutperformNeutral
    3-Feb-05WachoviaUpgradeUnderperformMkt Perform
    4-Nov-04AG EdwardsUpgradeSellHold
    27-Oct-04Jefferies & CoUpgradeHoldBuy
    5-Aug-04BernsteinUpgradeUnderperformMkt Perform
    9-Jul-04BB&T Capital MktsUpgradeUnderweightHold
    2-Jun-04Morgan StanleyDowngradeOverweightEqual-weight
    12-May-04Smith Barney CitigroupUpgradeSellHold
    12-May-04Wells Fargo SecInitiatedHold
    26-Mar-04CIBC Wrld MktsInitiatedSector Outperform
    7-Jan-04McDonald InvstUpgradeUnderweightHold
    31-Oct-03Morgan StanleyUpgradeEqual-weightOverweight
    28-Oct-03WachoviaDowngradeMkt PerformUnderperform
    21-Oct-03BB&T Capital MktsInitiatedUnderweight
    21-Oct-03UBSDowngradeNeutralReduce
    8-Oct-03RBC Capital MktsDowngradeSector PerformUnderperform
    8-Oct-03PrudentialUpgradeUnderweightNeutral
    8-Oct-03CSFBInitiatedNeutral
    8-Oct-03Merrill LynchUpgradeSellNeutral
    6-Oct-03RBC Capital MktsInitiatedSector Perform
    8-Sep-03McDonald InvstDowngradeHoldUnderweight
    6-Aug-03BernsteinDowngradeMkt PerformUnderperform
    16-Jul-03CSFBInitiatedUnderperform
    1-Jul-03UBSInitiatedReduce
    18-Jun-03JP MorganUpgradeUnderweightNeutral
    18-Jun-03Banc of America SecUpgradeSellNeutral
    12-Jun-03AG EdwardsDowngradeHoldSell
    21-May-03Goldman SachsDowngradeIn-LineUnderperform
    1-May-03Banc of America SecDowngradeNeutralSell
    24-Feb-03Deutsche SecuritiesUpgradeSellHold
    14-Feb-03Bear StearnsInitiatedUnderperform
    14-Jan-03Deutsche SecuritiesDowngradeHoldSell
    14-Jan-03CIBC Wrld MktsDowngradeSector PerformSector Underperform
    13-Jan-03Merrill LynchDowngradeNeutralSell
    23-Dec-02Lehman BrothersDowngradeEqual-weightUnderweight
    23-Sep-02Salomon Smth BrnyDowngradeOutperformIn-line
    20-Sep-02Wachovia SecDowngradeStrong BuyHold
    23-Aug-02CSFBDowngradeBuyHold
    23-Jul-02Banc of America SecDowngradeBuyMkt Perform
    15-Jul-02Goldman SachsDowngradeRecomm ListMkt Perform
    15-Jul-02Salomon Smth BrnyDowngradeOutperformNeutral
    15-Jul-02Morgan StanleyDowngradeOverweightEqual-weight
    12-Jul-02Credit Lyonnais SecDowngradeAddHold
    10-Jul-02PrudentialDowngradeBuyHold
    10-Jun-02JP MorganDowngradeLT BuyMkt Perform
    10-Jun-02Merrill LynchDowngradeNT BuyNT Neutral
    18-Apr-02Salomon Smth BrnyDowngradeBuyOutperform
    15-Apr-02CSFBDowngradeStrong BuyBuy
    13-Mar-02Credit Lyonnais SecDowngradeBuyAdd
    14-Feb-02JP MorganInitiatedLT Buy
    6-Feb-02AG EdwardsDowngradeBuyHold
    18-Jan-02ABN AMRODowngradeAddHold
    17-Dec-01Banc of America SecDowngradeStrong BuyBuy
    26-Sep-01ABN AMRODowngradeBuyAdd
    17-Sep-01ABN AMROInitiatedBuy
    26-Jul-01Goldman SachsUpgradeMkt OutperformRecomm List
    18-Jul-01CIBC Wrld MktsDowngradeBuyHold
    13-Mar-01Lehman BrothersInitiatedBuy
    7-Mar-01Credit Lyonnais SecInitiatedBuy
    22-Jan-01Salomon Smth BrnyUpgradeOutperformBuy
    8-Sep-00Goldman SachsUpgradeMarket PerformMarket Outperform
    7-Sep-00DLJDowngradeBuyMarket Perform
    24-Jul-00Jefferies & CoDowngradeBuyHold
    29-Jun-00PrudentialUpgradeHoldAccumulate
    19-May-00PrudentialDowngradeAccumulateHold
    11-May-00ABN AMRODowngradeBuyOutperform
    13-Apr-00Salomon Smth BrnyInitiatedOutperform
    21-Mar-00CIBC Wrld MktsInitiatedBuy
    13-Mar-00PrudentialUpgradeHoldAccumulate
    10-Mar-00Dresdner Klnwrt BnsnUpgradeHoldAdd
    6-Jan-00CSFBUpgradeBuyStrong Buy
    17-Dec-99Salomon Smth BrnyUpgradeNeutralOutperform
    17-Dec-99Jefferies & CoUpgradeAccumulateBuy
    17-Dec-99First Union SecUpgradeBuyStrong Buy
    9-Dec-99DLJUpgradeMarket PerformBuy
    20-Sep-99CSFBUpgradeHoldBuy
    24-Aug-99Mrgn Stnly Dn WttrUpgradeOutperformStrong Buy
    4-Aug-99JP MorganUpgradeLong Term BuyBuy
    29-Jul-99First Union Cap MktsDowngradeBuyOutperform
    29-Jul-99Salomon Smth BrnyDowngradeOutperformNeutral
    25-Jun-99CSFBInitiatedHold
    3-Jun-99Salomon Smth BrnyDowngradeBuyOutperform
    10-May-99ABN AMROInitiatedBuy
    27-Apr-99Merrill LynchUpgradeNT NeutralNT Accumulate
    18-Dec-98Schroder & CoUpgradeOutperformOutperf. Signif.
    2-Nov-98PrudentialDowngradeAccumulateHold
    28-Apr-98Wheat FirstUpgradeOutperformBuy

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