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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
17-Dec-13Robert W. BairdDowngradeOutperformNeutral
23-Sep-13StifelDowngradeBuyHold
10-May-13StifelUpgradeHoldBuy
10-Jul-12RBC Capital MktsDowngradeOutperformSector Perform
2-Jul-12Stifel NicolausDowngradeBuyHold
2-Jul-12BarclaysDowngradeOverweightEqual Weight
6-Jun-12Canaccord GenuityUpgradeHoldBuy
6-Jan-12Stifel NicolausUpgradeHoldBuy
13-Dec-11Robert W. BairdInitiatedOutperform
4-Oct-11Canaccord GenuityUpgradeHoldBuy
4-Oct-11Ladenburg ThalmannInitiatedBuy
22-Jun-11Stifel NicolausUpgradeHoldBuy
11-Jan-11Canaccord GenuityInitiatedHold
22-Sep-10Howard WeilDowngradeMarket OutperformMarket Perform
13-Sep-10Barclays CapitalUpgradeEqual WeightOverweight
28-Apr-10Barclays CapitalDowngradeOverweightEqual Weight
22-Apr-10Susquehanna FinancialInitiatedPositive
12-Oct-09Stifel NicolausInitiatedBuy
28-Sep-09Howard WeilUpgradeMarket PerformMarket Outperform
24-Jun-09Boenning & ScattergoodInitiatedOutperform
1-Jun-09Howard WeilDowngradeMarket OutperformMarket Perform
28-Apr-09Jefferies & CoDowngradeBuyHold
20-Oct-08Deutsche SecuritiesDowngradeBuyHold
28-Jul-08BMO Capital MarketsUpgradeMarket PerformOutperform
27-Jun-08Deutsche SecuritiesUpgradeHoldBuy
17-Apr-08UBSUpgradeNeutralBuy
2-Apr-08Jefferies & CoUpgradeHoldBuy
7-Nov-07Jefferies & CoDowngradeBuyHold
21-Mar-07Matrix ResearchDowngradeBuyHold
6-Mar-07Jefferies & CoInitiatedBuy
18-Dec-06Credit SuisseUpgradeNeutralOutperform
20-Sep-06WachoviaInitiatedOutperform
25-Jul-06Fortis BankInitiatedBuy
13-Jun-06UBSUpgradeNeutralBuy
6-Mar-06UBSDowngradeBuyNeutral
18-Nov-05Lehman BrothersUpgradeEqual-weightOverweight
13-Sep-05JP MorganUpgradeUnderweightNeutral
13-Sep-05First AlbanyUpgradeNeutralBuy
13-Jul-05Jefferies & CoInitiatedBuy
28-Jun-05First AlbanyInitiatedNeutral
17-May-05Banc of America SecUpgradeNeutralBuy
10-Mar-05Merrill LynchDowngradeBuyNeutral
3-Mar-05Morgan KeeganUpgradeMkt PerformOutperform
21-Dec-04First AlbanyInitiatedBuy
27-Oct-04Smith Barney CitigroupInitiatedBuy
19-Oct-04UBSInitiatedBuy
2-Sep-04CSFBUpgradeNeutralOutperform
28-Jul-04Harris NesbittInitiatedNeutral
25-Mar-04Lehman BrothersUpgradeUnderweightEqual-weight
26-Jan-04RBC Capital MktsDowngradeSector PerformUnderperform
6-Jan-04CSFBDowngradeOutperformNeutral
3-Oct-03Lehman BrothersDowngradeEqual-weightUnderweight
30-Sep-03FulcrumUpgradeNeutralBuy
7-Aug-03JP MorganDowngradeNeutralUnderweight
9-Jul-03Goldman SachsInitiatedIn-Line
3-Jun-03First AlbanyInitiatedBuy
12-May-03Lehman BrothersDowngradeOverweightEqual-weight
18-Mar-03Banc of America SecInitiatedNeutral
6-Mar-03RBC Capital MktsDowngradeOutperformSector Perform
26-Aug-02Merrill LynchInitiatedNT Buy/LT Strong Buy
17-Jul-02Salomon Smth BrnyUpgradeNeutralOutperform
3-Apr-02Banc of America SecInitiatedBuy
28-Jan-02Morgan KeeganDowngradeOutperformMkt Perform
11-Jan-02Salomon Smth BrnyDowngradeOutperformNeutral
20-Dec-01JP MorganUpgradeMkt PerformLT Buy
13-Dec-01CSFBDowngradeStrong BuyBuy
4-Dec-01SWS SecuritiesDowngradeBuyAccumulate
21-Nov-01Morgan KeeganUpgradeMkt PerformOutperform
4-Sep-01CSFBUpgradeBuyStrong Buy
27-Aug-01JP MorganDowngradeLT BuyMkt Perform
10-Jul-01Morgan KeeganDowngradeOutperformMkt Perform
9-Jul-01Dain Rauscher WesselsDowngradeBuy AggressiveNeutral
28-Jun-01Frost SecuritiesDowngradeBuyMkt Perform
22-Jun-01JP MorganInitiatedLT Buy
27-Dec-00Frost SecuritiesUpgradeBuyStrong Buy
7-Nov-00Deutsche Bc Alex. BrInitiatedBuy
28-Sep-00Southwest SecInitiatedBuy
13-Sep-00ING BaringsInitiatedStrong Buy
20-Jun-00Frost SecuritiesInitiatedBuy
25-May-00Salomon Smth BrnyInitiatedOutperform
29-Mar-00Dain Rauscher WesselsDowngradeStrong BuyBuy
18-Feb-00Warburg Dillon ReadDowngradeStrong BuyHold
22-Jun-99DLJInitiatedBuy
10-May-99NB MontgomeryUpgradeHoldBuy
6-Apr-99Mrgn Stnly Dn WttrInitiatedOutperform
25-Feb-99Salomon Smth BrnyUpgradeNeutralBuy
10-Feb-99NB MontgomeryDowngradeBuyHold
6-Jan-99Salomon Smth BrnyDowngradeOutperformNeutral
15-Dec-98Stephens IncInitiatedBuy
15-May-98CS First BostonInitiatedBuy
12-May-98NB MontgomeryInitiatedBuy

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