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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
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-04Wells Fargo SecInitiatedHold
12-May-04Smith Barney CitigroupUpgradeSellHold
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-03Merrill LynchUpgradeSellNeutral
8-Oct-03CSFBInitiatedNeutral
8-Oct-03PrudentialUpgradeUnderweightNeutral
8-Oct-03RBC Capital MktsDowngradeSector PerformUnderperform
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-03CIBC Wrld MktsDowngradeSector PerformSector Underperform
14-Jan-03Deutsche SecuritiesDowngradeHoldSell
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-02Morgan StanleyDowngradeOverweightEqual-weight
15-Jul-02Salomon Smth BrnyDowngradeOutperformNeutral
15-Jul-02Goldman SachsDowngradeRecomm ListMkt Perform
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-99First Union SecUpgradeBuyStrong Buy
17-Dec-99Jefferies & CoUpgradeAccumulateBuy
17-Dec-99Salomon Smth BrnyUpgradeNeutralOutperform
9-Dec-99DLJUpgradeMarket PerformBuy
20-Sep-99CSFBUpgradeHoldBuy
24-Aug-99Mrgn Stnly Dn WttrUpgradeOutperformStrong Buy
4-Aug-99JP MorganUpgradeLong Term BuyBuy
29-Jul-99Salomon Smth BrnyDowngradeOutperformNeutral
29-Jul-99First Union Cap MktsDowngradeBuyOutperform
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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