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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    20-Apr-15BofA/MerrillUpgradeUnderperformBuy
    23-Jan-15Deutsche BankDowngradeBuyHold
    19-Feb-14WunderlichUpgradeHoldBuy
    1-Oct-13BMO Capital MarketsInitiatedOutperform
    7-Jan-13BarclaysDowngradeOverweightEqual Weight
    17-Jul-12LongbowInitiatedNeutral
    17-May-12WunderlichInitiatedHold
    15-May-12William BlairInitiatedOutperform
    2-Mar-12KeyBanc Capital MktsDowngradeBuyHold
    13-Jan-12FBR CapitalInitiatedOutperform
    31-Oct-11Stifel NicolausDowngradeBuyHold
    8-Aug-11Robert W. BairdDowngradeOutperformNeutral
    5-Aug-11Stifel NicolausUpgradeHoldBuy
    15-Dec-10Stifel NicolausDowngradeBuyHold
    17-Aug-10Stifel NicolausUpgradeHoldBuy
    11-May-10LongbowUpgradeNeutralBuy
    15-Apr-10FBR CapitalUpgradeMkt PerformOutperform
    7-Apr-10FBR CapitalInitiatedMkt Perform
    1-Oct-09Deutsche SecuritiesInitiatedBuy
    27-Apr-09AvondaleDowngradeMkt OutperformMkt Perform
    11-Feb-09Stifel NicolausDowngradeBuyHold
    15-Jan-09Dahlman RoseInitiatedBuy
    12-Nov-08Stifel NicolausUpgradeHoldBuy
    2-Apr-08Stifel NicolausDowngradeBuyHold
    5-Oct-07Banc of America SecUpgradeSellNeutral
    4-Oct-07LongbowInitiatedNeutral
    20-Aug-07WachoviaUpgradeMkt PerformOutperform
    27-Jun-07KeyBanc Capital Mkts / McDonaldUpgradeHoldBuy
    4-May-07WachoviaDowngradeOutperformMkt Perform
    3-May-07Robert W. BairdUpgradeNeutralOutperform
    13-Apr-07Bear StearnsDowngradeOutperformPeer Perform
    10-Apr-07Cathay FinancialInitiatedNeutral
    6-Mar-07PrudentialInitiatedNeutral
    2-Feb-07Matrix ResearchDowngradeStrong BuyBuy
    3-Jan-07Bear StearnsUpgradePeer PerformOutperform
    14-Dec-06KeyBanc Capital Mkts / McDonaldInitiatedHold
    13-Dec-06Deutsche SecuritiesDowngradeBuyHold
    13-Sep-06Banc of America SecInitiatedSell
    19-Jul-06AG EdwardsDowngradeHoldSell
    19-Jul-06Robert W. BairdDowngradeOutperformNeutral
    19-Apr-06WachoviaInitiatedOutperform
    17-Aug-05CSFBInitiatedNeutral
    16-Jun-05BB&T Capital MktsInitiatedBuy
    18-Apr-05Smith Barney CitigroupUpgradeSellHold
    16-Dec-04Deutsche SecuritiesInitiatedBuy
    15-Nov-04Raymond JamesDowngradeStrong BuyOutperform
    20-Jul-04UBSUpgradeNeutralBuy
    19-Jul-04Robert W. BairdUpgradeNeutralOutperform
    16-Jul-04Legg MasonUpgradeHoldBuy
    16-Jul-04Raymond JamesUpgradeMkt PerformStrong Buy
    9-Jul-04Raymond JamesDowngradeOutperformMkt Perform
    28-Jun-04Stephens IncUpgradeEqual-weightOverweight
    17-Jun-04UBSInitiatedNeutral
    9-Jun-04Legg MasonDowngradeBuyHold
    15-Apr-04Raymond JamesInitiatedOutperform
    29-Jan-04Legg MasonUpgradeHoldBuy
    8-Jan-04Robert W. BairdInitiatedNeutral
    23-Dec-03Merrill LynchDowngradeBuyNeutral
    15-Oct-03Bear StearnsDowngradeOutperformPeer Perform
    15-Oct-03Stifel NicolausDowngradeBuyMarket Perform
    9-Sep-03Merrill LynchUpgradeNeutralBuy
    17-Jul-03Stephens IncDowngradeOverweightEqual-weight
    16-Jul-03Morgan StanleyUpgradeUnderweightEqual-weight
    23-Jun-03Morgan StanleyDowngradeEqual-weightUnderweight
    17-Jun-03Stifel NicolausInitiatedBuy
    5-Jun-03Merrill LynchDowngradeBuyNeutral
    15-Apr-03Morgan StanleyUpgradeUnderweightEqual-weight
    15-Apr-03Bear StearnsUpgradePeer PerformOutperform
    9-Apr-03FulcrumInitiatedNeutral
    8-Apr-03FulcrumInitiatedNeutral
    7-Jan-03CSFBDowngradeOutperformNeutral
    6-Sep-02AG EdwardsInitiatedHold
    18-Jul-02JP MorganInitiatedBuy
    17-Jul-02Stephens IncUpgradeUnderweightEqual-weight
    16-Jul-02Deutsche SecuritiesUpgradeBuyStrong Buy
    21-Feb-02Legg MasonInitiatedStrong Buy
    23-Jan-02Bear StearnsInitiatedBuy
    7-Jan-02Stephens IncDowngradeMkt OutperformNeutral
    18-Dec-01BB&T Capital MktsInitiatedLT Buy
    17-Dec-01CSFBUpgradeSellBuy
    19-Sep-01Stephens IncDowngradeBuyMkt Outperform
    17-Jul-01Deutsche Bc Alex. BrUpgradeMkt PerformBuy
    17-Apr-01Deutsche Bc Alex. BrDowngradeBuyMkt Perform
    14-Mar-01Deutsche Bc Alex. BrDowngradeStrong BuyBuy
    28-Feb-01CSFBDowngradeHoldSell
    9-Feb-01Deutsche Bc Alex. BrInitiatedStrong Buy
    27-Sep-00Banc of America SecDowngradeBuyMarket Perform
    5-Sep-00Mrgn Stnly Dn WttrDowngradeStrong BuyOutperform
    18-Apr-00Robert W. BairdUpgradeST Mkt UnderperformST Mkt Perform
    17-Apr-00Merrill LynchUpgradeLT AccumLT Buy
    16-Mar-00Banc of America SecUpgradeMarket PerformBuy
    15-Mar-00Mrgn Stnly Dn WttrUpgradeNeutralStrong Buy
    15-Mar-00Stephens IncUpgradeNeutralBuy
    26-Nov-99Stephens IncDowngradeBuyNeutral
    23-Sep-99Salomon Smth BrnyInitiatedNeutral
    10-Jun-99CSFBInitiatedHold
    28-Apr-99NB MontgomeryInitiatedBuy
    15-Apr-99Gruntal & CoUpgradeHoldStrong Buy
    17-Sep-98BT Alex. BrownDowngradeBuyMkt Perform
    14-Sep-98ING Brngs Frmn SelzDowngradeBuyHold
    31-Aug-98ING Barings Fm SelzUpgradeHoldBuy
    17-Aug-98Gruntal & CoUpgradeHoldStrong Buy
    16-Jul-98Mgn Stnly Dn WitterDowngradeOutperformNeutral
    9-Jul-98Schroder & CoInitiatedPerform In Line
    26-Jun-98Merrill LynchUpgradeNT Ntrl/LT AccumNT Accum/LT Buy
    26-Jun-98BT Alex. BrownUpgradeMkt PerformBuy
    22-May-98CS First BostonInitiatedHold
    17-Mar-98Morgan StanleyUpgradeNeutralOutperform

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