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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
16-Oct-12BarclaysInitiatedOverweight
23-Nov-10HSBC SecuritiesInitiatedNeutral
28-Oct-10Stifel NicolausUpgradeHoldBuy
3-Feb-10Deutsche BankInitiatedHold
11-Aug-09Dahlman RoseInitiatedHold
16-Jun-09BMO Capital MarketsUpgradeMarket PerformOutperform
9-Jun-09UBSDowngradeBuyNeutral
13-Mar-09Barclays CapitalInitiatedUnderweight
4-Feb-09UBSUpgradeNeutralBuy
16-Jan-09JP MorganDowngradeOverweightNeutral
15-Jan-09Canaccord AdamsDowngradeBuyHold
9-Jan-09BMO Capital MarketsDowngradeOutperformMarket Perform
9-Jan-09RBC Capital MktsDowngradeTop PickOutperform
22-Dec-08UBSDowngradeBuyNeutral
19-Sep-08HSBC SecuritiesUpgradeUnderweightNeutral
20-Aug-08RBC Capital MktsUpgradeSector PerformTop Pick
24-Jul-08DavenportInitiatedBuy
4-Feb-08BMO Capital MarketsUpgradeMarket PerformOutperform
9-Jan-08RBC Capital MktsDowngradeOutperformSector Perform
19-Oct-07BMO Capital MarketsInitiatedMarket Perform
9-Oct-07HSBC SecuritiesDowngradeNeutralUnderweight
15-Jun-07BMO Capital MarketsDowngradeOutperformMarket Perform
6-Jun-07JP MorganUpgradeNeutralOverweight
22-Feb-07PrudentialUpgradeUnderweightNeutral
22-Nov-06Canaccord AdamsUpgradeHoldBuy
27-Oct-06RBC Capital MktsUpgradeSector PerformOutperform
21-Sep-06HSBC SecuritiesInitiatedNeutral
17-May-06Canaccord AdamsDowngradeBuyHold
11-May-06RBC Capital MktsDowngradeOutperformSector Perform
31-Jan-06UBSUpgradeNeutralBuy
31-Jan-06JP MorganUpgradeUnderweightNeutral
26-Jan-06HSBC SecuritiesUpgradeUnderweightNeutral
1-Dec-05UBSUpgradeNeutralBuy
10-Nov-05PrudentialDowngradeNeutralUnderweight
20-Jul-05JP MorganDowngradeNeutralUnderweight
23-Feb-05CIBC Wrld MktsUpgradeSector UnderperformSector Perform
28-Dec-04PrudentialDowngradeOverweightNeutral
20-Dec-04JP MorganUpgradeUnderweightNeutral
7-Dec-04CSFBUpgradeUnderperformNeutral
30-Nov-04UBSDowngradeBuyNeutral
11-Nov-04PrudentialUpgradeNeutralOverweight
22-Oct-04Raymond JamesDowngradeOutperformMkt Perform
4-Oct-04CIBC Wrld MktsDowngradeSector PerformSector Underperform
27-Aug-04UBSDowngradeBuyNeutral
23-Jan-04UBSUpgradeNeutralBuy
8-Jan-04CIBC Wrld MktsDowngradeSector OutperformSector Perform
6-Oct-03CIBC Wrld MktsUpgradeSector PerformSector Outperform
30-Sep-03PrudentialInitiatedNeutral
11-Aug-03CSFBInitiatedUnderperform
30-Jan-03CSFBDowngradeNeutralUnderperform
23-Jan-03Morgan StanleyDowngradeOverweightUnderweight
15-Jan-03UBS WarburgUpgradeNeutralBuy
20-Dec-02CIBC Wrld MktsDowngradeSector OutperformSector Perform
8-Nov-02JP MorganInitiatedUnderweight
5-Nov-02CSFBInitiatedNeutral
23-Jul-02CIBC Wrld MktsUpgradeBuyStrong Buy

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