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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    20-Apr-15NomuraInitiatedReduce
    27-Jan-15RBC Capital MktsDowngradeOutperformSector Perform
    23-Jan-15Deutsche BankDowngradeBuyHold
    29-May-14ArgusDowngradeBuyHold
    26-Nov-13RBC Capital MktsInitiatedOutperform
    9-May-12ArgusUpgradeHoldBuy
    12-May-11ArgusUpgradeHoldBuy
    23-Apr-10Stifel NicolausUpgradeSellHold
    23-Apr-10JP MorganUpgradeUnderweightNeutral
    24-Jul-09Deutsche SecuritiesDowngradeHoldSell
    24-Jul-09Credit SuisseUpgradeUnderperformNeutral
    25-Mar-09Credit SuisseDowngradeNeutralUnderperform
    22-Jan-09CitigroupUpgradeHoldBuy
    16-Jan-09Janney Mntgmy ScottInitiatedSell
    23-Sep-08Edward JonesDowngradeBuyHold
    3-Sep-08SoleilInitiatedHold
    18-Aug-08CitigroupDowngradeBuyHold
    11-Apr-08BernsteinDowngradeMkt PerformUnderperform
    14-Nov-07Bear StearnsDowngradePeer PerformUnderperform
    22-Oct-07BernsteinUpgradeUnderperformMkt Perform
    19-Oct-07Piper JaffrayDowngradeMarket PerformUnderperform
    20-Jul-07Bear StearnsDowngradeOutperformPeer Perform
    10-May-07Credit SuisseDowngradeOutperformNeutral
    16-Apr-07JP MorganDowngradeNeutralUnderweight
    7-Dec-06Goldman SachsDowngradeBuyNeutral
    5-Dec-06UBSDowngradeBuyNeutral
    1-Dec-06PrudentialDowngradeNeutralUnderweight
    20-Oct-06Bear StearnsUpgradePeer PerformOutperform
    19-Oct-06Stifel NicolausDowngradeBuyHold
    20-Sep-06PrudentialUpgradeUnderweightNeutral
    5-Sep-06JP MorganDowngradeOverweightNeutral
    2-Aug-06WachoviaDowngradeOutperformMkt Perform
    21-Apr-06Stifel NicolausUpgradeHoldBuy
    21-Apr-06CitigroupUpgradeHoldBuy
    12-Apr-06Goldman SachsUpgradeIn-LineOutperform
    17-Feb-06Banc of America SecInitiatedBuy
    9-Dec-05Morgan StanleyUpgradeUnderweightEqual-weight
    17-Oct-05Harris NesbittUpgradeNeutralOutperform
    3-Oct-05UBSUpgradeNeutralBuy
    25-Aug-05PrudentialDowngradeNeutralUnderweight
    17-May-05Bear StearnsDowngradeOutperformPeer Perform
    4-Feb-05Goldman SachsInitiatedIn-Line
    17-Dec-04Lehman BrothersDowngradeOverweightEqual-weight
    14-Oct-04Harris NesbittInitiatedNeutral
    8-Sep-04CSFBDowngradeOutperformNeutral
    7-Sep-04Legg MasonDowngradeBuyHold
    4-Mar-04Deutsche SecuritiesDowngradeBuyHold
    3-Mar-04JP MorganInitiatedOverweight
    20-Feb-04CSFBUpgradeNeutralOutperform
    12-Nov-03USB Piper JaffrayInitiatedMarket Perform
    24-Sep-03JP MorganInitiatedNeutral
    17-Jul-03Legg MasonUpgradeHoldBuy
    24-Apr-03UBS WarburgInitiatedNeutral
    2-Apr-03AG EdwardsInitiatedHold
    11-Dec-02Deutsche SecuritiesUpgradeHoldBuy
    18-Sep-02Banc of America SecDowngradeBuyMkt Perform
    9-Sep-02Merrill LynchDowngradeBuyNeutral
    30-Jul-02Salomon Smth BrnyDowngradeBuyNeutral
    26-Jul-02Janney Mntgmy ScottDowngradeBuyHold
    26-Jul-02Legg MasonDowngradeBuyHold
    26-Jul-02Banc of America SecUpgradeMkt PerformBuy
    24-Jul-02Legg MasonUpgradeHoldBuy
    23-Jul-02Lehman BrothersUpgradeMkt PerformStrong Buy
    23-Jul-02Janney Mntgmy ScottUpgradeHoldBuy
    11-Jul-02Salomon Smth BrnyUpgradeNeutralBuy
    17-Apr-02Legg MasonDowngradeBuyMkt Perform
    20-Mar-02Legg MasonInitiatedBuy
    25-Jan-02Goldman SachsDowngradeMkt OutperformMkt Perform
    25-Jan-02UBS WarburgDowngradeStrong BuyBuy
    24-Jan-02Deutsche Bc Alex. BrDowngradeBuyMkt Perform
    19-Oct-01UBS WarburgUpgradeHoldStrong Buy
    23-May-01Merrill LynchUpgradeNT NeutralNT Accum
    20-Dec-00Deutsche Bc Alex. BrInitiatedBuy
    11-Dec-00Merrill LynchDowngradeNT AccumNT Neutral
    30-Nov-00Janney Mntgmy ScottDowngradeAccumulateHold
    17-Nov-00Banc of America SecInitiatedMarket Perform
    25-Oct-00Lehman BrothersDowngradeOutperformNeutral
    18-Sep-00Bear StearnsUpgradeNeutralBuy
    12-Sep-00Mrgn Stnly Dn WttrInitiatedNeutral
    27-Jul-00Goldman SachsUpgradeMarket PerformMarket Outperform
    6-Jul-00Bear StearnsDowngradeBuyNeutral
    29-Feb-00Lehman BrothersDowngradeBuyOutperform
    1-Feb-00Janney Mntgmy ScottUpgradeHoldAccumulate
    1-Feb-00Bear StearnsUpgradeNeutralBuy
    28-Jan-00Salomon Smth BrnyInitiatedNeutral
    16-Jul-99PaineWebberInitiatedNeutral
    26-Apr-99CSFBDowngradeBuyHold
    7-Apr-99Lehman BrosUpgradeNeutralBuy
    1-Feb-99CS First BostonUpgradeHoldBuy
    20-Jan-99Warburg Dlln RdUpgradeSellReduce
    9-Oct-98Goldman SachsDowngradeRecomm. ListMkt Perform
    9-Jul-98CS First BostonDowngradeBuyHold
    3-Mar-98CS First BostonInitiatedBuy

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