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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    17-Dec-14Howard WeilDowngradeSector OutperformSector Perform
    3-Dec-14OppenheimerInitiatedOutperform
    17-Nov-14CowenDowngradeOutperformMarket Perform
    9-Jan-14Howard WeilUpgradeSector PerformSector Outperform
    6-Dec-13FBR CapitalInitiatedMkt Perform
    18-Nov-13Global Hunter SecuritiesDowngradeBuyNeutral
    28-Jan-13MLV & CoUpgradeHoldBuy
    25-Jan-13Global Hunter SecuritiesUpgradeNeutralBuy
    8-Jan-13Standpoint ResearchDowngradeBuyHold
    16-Nov-12MLV & CoInitiatedHold
    18-Oct-12Global Hunter SecuritiesDowngradeBuyNeutral
    24-Jul-12Standpoint ResearchInitiatedBuy
    2-Apr-12Howard WeilDowngradeMarket OutperformMarket Perform
    16-May-11Global Hunter SecuritiesInitiatedAccumulate
    8-Mar-11Dahlman RoseInitiatedBuy
    16-Feb-11Morgan KeeganInitiatedOutperform
    1-Nov-10OppenheimerUpgradePerformOutperform
    1-Oct-10ArgusUpgradeHoldBuy
    30-Jul-10FBR CapitalDowngradeOutperformMkt Perform
    13-May-10FBR CapitalUpgradeMkt PerformOutperform
    30-Apr-10FBR CapitalDowngradeOutperformMkt Perform
    7-Apr-10Dahlman RoseInitiatedBuy
    29-Oct-09Wells FargoInitiatedOutperform
    15-Oct-09BMO Capital MarketsInitiatedOutperform
    21-Jul-09ArgusDowngradeBuyHold
    22-Apr-09Barclays CapitalDowngradeOverweightEqual Weight
    21-Apr-09JP MorganDowngradeOverweightNeutral
    13-Mar-09Credit SuisseUpgradeNeutralOutperform
    9-Mar-09FBR Capital MarketsUpgradeMkt PerformOutperform
    24-Sep-08Credit SuisseInitiatedNeutral
    1-Jul-08CitigroupInitiatedBuy
    27-Mar-08RBC Capital MktsUpgradeSector PerformOutperform
    4-Feb-08JP MorganUpgradeNeutralOverweight
    12-Nov-07BernsteinUpgradeMkt PerformOutperform
    19-Sep-07BernsteinInitiatedMkt Perform
    10-Sep-07UBSInitiatedBuy
    7-Aug-07Calyon SecuritiesUpgradeAddBuy
    19-Jul-07Banc of America SecInitiatedBuy
    13-Jul-07Credit SuisseUpgradeNeutralOutperform
    11-Jul-07RBC Capital MktsDowngradeOutperformSector Perform
    9-Mar-07Calyon SecuritiesUpgradeNeutralAdd
    4-Jan-07Calyon SecuritiesDowngradeAddNeutral
    24-Jul-06Calyon SecuritiesDowngradeBuyAdd
    19-Jan-06Morgan StanleyUpgradeUnderweightEqual-weight
    26-Oct-05WachoviaUpgradeMkt PerformOutperform
    26-Oct-05JP MorganDowngradeOverweightNeutral
    20-Oct-05Calyon SecuritiesInitiatedBuy
    12-Sep-05WachoviaDowngradeOutperformMkt Perform
    31-Jan-05Morgan StanleyDowngradeOverweightUnderweight
    3-Dec-04CSFBDowngradeOutperformNeutral
    27-Oct-04AG EdwardsUpgradeHoldBuy
    20-May-04BernsteinUpgradeMkt PerformOutperform
    12-Mar-04Bear StearnsUpgradePeer PerformOutperform
    12-Dec-03Morgan StanleyUpgradeEqual-weightOverweight
    31-Oct-03Lehman BrothersUpgradeEqual-weightOverweight
    9-Jul-03JP MorganUpgradeNeutralOverweight
    7-Jul-03FulcrumDowngradeNeutralSell
    12-May-03Morgan StanleyDowngradeOverweightEqual-weight
    11-Feb-03Jefferies & CoUpgradeHoldBuy
    16-Jan-03Stifel NicolausInitiatedBuy
    19-Dec-02Bear StearnsUpgradeUnderperformPeer Perform
    12-Dec-02CSFBUpgradeNeutralOutperform
    11-Dec-02FulcrumInitiatedNeutral
    4-Dec-02Lehman BrothersDowngradeOverweightEqual-weight
    26-Nov-02CSFBUpgradeUnderperformNeutral
    14-Nov-02Morgan StanleyUpgradeEqual-weightOverweight
    5-Nov-02PrudentialInitiatedHold
    20-Sep-02Deutsche SecuritiesInitiatedBuy
    25-Jul-02Salomon Smth BrnyUpgradeOutperformBuy
    24-Jul-02RBC Capital MktsUpgradeSector PerformOutperform
    11-Jul-02Jefferies & CoInitiatedHold
    23-May-02Banc of America SecUpgradeMkt PerformBuy
    23-May-02Deutsche SecuritiesUpgradeMkt PerformBuy
    14-May-02Bear StearnsDowngradeAttractiveNeutral
    8-May-02Banc of America SecUpgradeUnderperformMkt Perform
    19-Feb-02Dresdner Klnwrt WassUpgradeHoldAdd
    15-Feb-02Salomon Smth BrnyUpgradeNeutralOutperform
    15-Feb-02UBS WarburgUpgradeHoldBuy
    4-Jan-02AG EdwardsDowngradeStrong BuyHold
    13-Dec-01Merrill LynchDowngradeNT Buy/LT Strong BuyNT Neutral/LT Buy
    12-Dec-01Banc of America SecDowngradeMkt PerformUnderperform
    7-Dec-01UBS WarburgDowngradeStrong BuyHold
    7-Dec-01Deutsche Bc Alex. BrDowngradeStrong BuyMkt Perform
    22-Oct-01UBS WarburgUpgradeBuyStrong Buy
    27-Sep-01Gerard Klauer MattisonUpgradeUnderperformNeutral
    19-Sep-01Deutsche Bc Alex. BrUpgradeBuyStrong Buy
    18-Sep-01JP MorganDowngradeLT BuyMkt Perform
    5-Sep-01Jefferies & CoInitiatedAccumulate
    2-Aug-01Banc of America SecInitiatedMkt Perform
    26-Jul-01Robinson HumphreyUpgradeOutperformBuy
    26-Jul-01Southwest SecUpgradeAccumulateBuy
    26-Jul-01Gerard Klauer MattisonDowngradeOutperformUnderperform
    20-Jul-01UBS WarburgUpgradeHoldBuy
    19-Jul-01First Union SecDowngradeStrong BuyBuy
    29-Jun-01Goldman SachsDowngradeRecomm ListMkt Perform
    28-Jun-01Frost SecuritiesDowngradeStrong BuyBuy
    16-May-01Deutsche Bc Alex. BrDowngradeStrong BuyBuy
    30-Apr-01ABN AMROUpgradeHoldAdd
    26-Apr-01Robinson HumphreyUpgradeNeutralOutperform
    26-Apr-01PrudentialUpgradeAccumulateStrong Buy
    24-Apr-01Mrgn Stnly Dn WttrInitiatedOutperform
    11-Apr-01JP MorganInitiatedLT Buy
    20-Mar-01Dresdner Klnwrt WassInitiatedAdd
    27-Feb-01Sanford BernsteinInitiatedMkt Perform
    17-Jan-01Bear StearnsDowngradeBuyAttractive
    7-Nov-00Deutsche Bc Alex. BrInitiatedStrong Buy
    25-Oct-00Frost SecuritiesUpgradeBuyStrong Buy
    25-Oct-00ING BaringsDowngradeBuyHold
    25-Oct-00Southwest SecDowngradeBuyAccumulate
    25-Sep-00Jefferies & CoUpgradeAccumulateBuy
    14-Sep-00PrudentialDowngradeStrong BuyAccumulate
    31-Aug-00ABN AMROInitiatedBuy
    17-Aug-00AG EdwardsDowngradeBuyAccumulate
    27-Jul-00Deutsche Bc Alex. BrUpgradeMkt PerformBuy
    11-Jul-00DLJUpgradeMarket PerformBuy
    22-May-00DLJDowngradeBuyMarket Perform
    27-Apr-00Lehman BrothersUpgradeNeutralBuy
    24-Mar-00Jefferies & CoInitiatedAccumulate
    23-Mar-00Robinson HumphreyDowngradeBuyOutperform
    21-Mar-00DLJUpgradeMarket PerformBuy
    8-Mar-00DLJDowngradeBuyMarket Perform
    10-Feb-00Frost SecuritiesInitiatedBuy
    14-Jan-00Bear StearnsUpgradeNeutralBuy
    10-Jan-00Banc of America SecDowngradeStrong BuyBuy
    5-Jan-00Merrill LynchDowngradeNT BuyNT Accum
    11-Oct-99First Union SecUpgradeHoldStrong Buy
    6-Oct-99Warburg Dillon ReadUpgradeBuyStrong Buy
    6-Oct-99CSFBUpgradeHoldBuy
    6-Oct-99AG EdwardsUpgradeMaintain PositionBuy
    3-Sep-99Brown BrothersInitiatedST/LT Buy
    26-Aug-99Banc of America SecUpgradeMarket PerformBuy
    19-Aug-99Southwest SecsUpgradeAccumulateBuy
    11-Aug-99Bear StearnsInitiatedNeutral
    15-Jun-99Lehman BrosInitiatedNeutral
    15-Jun-99ING BaringsInitiatedBuy
    3-Jun-99Goldman SachsInitiatedRecomm. List
    4-May-99DLJDowngradeTop PickBuy
    26-Apr-99Southwest SecInitiatedAccumulate
    31-Mar-99NB MontgomeryDowngradeBuyHold
    29-Mar-99Mrgn Stnly Dn WttrUpgradeOutperformStrong Buy
    26-Mar-99PrudentialUpgradeAccumulateStrong Buy
    19-Feb-99First Union Cap MktsInitiatedHold
    1-Feb-99Mrgn Stnly Dn WttrDowngradeStrong BuyOutperform
    1-Feb-99NB MontgomeryUpgradeHoldBuy
    9-Dec-98CIBC OppenheimerUpgradeHoldBuy
    10-Nov-98CIBC OppenheimerInitiatedHold
    27-Oct-98NB MontgomeryDowngradeBuyHold
    12-Oct-98DLJUpgradeBuyTop Pick
    6-Oct-98Warburg Dlln RdInitiatedStrong Buy
    9-Sep-98NB MontgomeryInitiatedBuy
    6-Jul-98Salomon Smth BrnyUpgradeOutperformBuy
    16-Jun-98PaineWebberDowngradeAccumulateNeutral
    12-Jun-98Deutsche BankDowngradeBuyHold
    21-Apr-98Deutsche MorganInitiatedBuy
    26-Feb-98Morgan StanleyUpgradeOutperformBuy

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