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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    20-Aug-14CowenUpgradeMarket PerformOutperform
    16-Apr-14ArgusUpgradeHoldBuy
    25-Feb-14StifelInitiatedHold
    30-Jan-14Deutsche BankUpgradeHoldBuy
    8-Jan-13Deutsche BankDowngradeBuyHold
    17-Dec-12Dahlman RoseUpgradeSellHold
    1-Aug-12Dahlman RoseDowngradeHoldSell
    13-Jul-12Imperial CapitalInitiatedOutperform
    31-May-12UBSUpgradeNeutralBuy
    27-Apr-12Dahlman RoseUpgradeSellHold
    17-Jan-12Dahlman RoseDowngradeHoldSell
    1-Aug-11Dahlman RoseUpgradeSellHold
    11-Apr-11Dahlman RoseDowngradeHoldSell
    1-Feb-11ArgusDowngradeBuyHold
    16-Jul-10Dahlman RoseInitiatedHold
    14-Jun-10Deutsche BankInitiatedBuy
    14-Jun-10Hudson SecuritiesUpgradeSellHold
    28-Apr-10Hudson SecuritiesDowngradeBuySell
    10-Sep-09JP MorganDowngradeOverweightNeutral
    9-Sep-09ArgusUpgradeSellBuy
    8-Jul-09Next GenerationInitiatedBuy
    2-Jul-09ArgusDowngradeHoldSell
    3-Apr-09ArgusDowngradeBuyHold
    7-Jan-09AvondaleUpgradeMkt PerformMkt Outperform
    5-Jan-09Jesup & LamontDowngradeBuyHold
    4-Nov-08Jesup & LamontInitiatedBuy
    15-Sep-08UBSUpgradeSellNeutral
    19-May-08JP MorganUpgradeUnderweightNeutral
    14-Dec-07Bear StearnsUpgradeUnderperformPeer Perform
    12-Oct-07Bear StearnsDowngradePeer PerformUnderperform
    1-May-07UBSDowngradeNeutralReduce
    27-Apr-07JP MorganDowngradeNeutralUnderweight
    25-Apr-07Bear StearnsDowngradeOutperformPeer Perform
    25-Apr-07Calyon SecuritiesDowngradeAddNeutral
    26-Mar-07UBSUpgradeReduceNeutral
    14-Mar-07HSBC SecuritiesUpgradeUnderweightNeutral
    15-Feb-07Goldman SachsUpgradeNeutralBuy
    11-Dec-06Calyon SecuritiesUpgradeNeutralAdd
    29-Nov-06Goldman SachsInitiatedNeutral
    16-Nov-06UBSDowngradeNeutralReduce
    15-Nov-06Bear StearnsUpgradePeer PerformOutperform
    25-Oct-06JP MorganUpgradeUnderweightNeutral
    17-Oct-06Lehman BrothersUpgradeEqual-weightOverweight
    30-Aug-06PrudentialDowngradeOverweightNeutral
    14-Jul-06Credit SuisseInitiatedOutperform
    22-Jun-06UBSInitiatedNeutral
    5-Jun-06PrudentialUpgradeUnderweightOverweight
    2-May-06JP MorganDowngradeNeutralUnderweight
    10-Mar-06PrudentialDowngradeNeutralUnderweight
    2-Mar-06Calyon SecuritiesUpgradeReduceNeutral
    7-Feb-06HSBC SecuritiesInitiatedUnderweight
    7-Feb-06Morgan StanleyDowngradeEqual-weightUnderweight
    1-Feb-06PrudentialDowngradeOverweightNeutral
    1-Feb-06Calyon SecuritiesDowngradeNeutralReduce
    14-Nov-05Calyon SecuritiesUpgradeReduceNeutral
    20-Oct-05Calyon SecuritiesDowngradeNeutralReduce
    21-Sep-05CitigroupInitiatedHold
    2-Aug-05Calyon SecuritiesDowngradeAddNeutral
    18-May-05Raymond JamesUpgradeMkt PerformOutperform
    8-Apr-05JP MorganUpgradeUnderweightNeutral
    18-Jan-05Smith Barney CitigroupUpgradeSellHold
    14-Jan-05PrudentialInitiatedOverweight
    9-Dec-04FulcrumDowngradeBuyNeutral
    7-Dec-04Lehman BrothersDowngradeOverweightEqual-weight
    3-Dec-04Raymond JamesDowngradeOutperformMkt Perform
    27-Sep-04JP MorganDowngradeNeutralUnderweight
    22-Jul-04JP MorganUpgradeUnderweightNeutral
    15-Jul-04FulcrumInitiatedBuy
    7-Jul-04Raymond JamesDowngradeStrong BuyOutperform
    6-Apr-04Smith Barney CitigroupInitiatedSell
    12-Feb-04Raymond JamesUpgradeOutperformStrong Buy
    30-Jan-04Deutsche SecuritiesDowngradeHoldSell
    28-Jan-04Goldman SachsDowngradeIn-LineUnderperform
    8-Dec-03Raymond JamesUpgradeMkt PerformOutperform
    8-Dec-03Merrill LynchUpgradeNeutralBuy
    24-Oct-03JP MorganDowngradeNeutralUnderweight
    15-Oct-03Goldman SachsInitiatedIn-Line
    10-Oct-03UBSDowngradeNeutralReduce
    14-Aug-03Raymond JamesDowngradeOutperformMkt Perform
    23-Jun-03Bear StearnsDowngradeOutperformPeer Perform
    20-Jun-03Raymond JamesDowngradeStrong BuyOutperform
    4-Jun-03JP MorganDowngradeOverweightNeutral
    29-May-03Morgan StanleyDowngradeOverweightEqual-weight
    22-May-03UBS WarburgUpgradeReduceNeutral
    8-Apr-03FulcrumInitiatedBuy
    25-Mar-03Bear StearnsInitiatedOutperform
    14-Mar-03Lehman BrothersInitiatedOverweight
    24-Jan-03JP MorganInitiatedOverweight
    23-Jan-03Morgan StanleyUpgradeEqual-weightOverweight
    21-Oct-02Raymond JamesUpgradeOutperformStrong Buy
    9-Sep-02Deutsche SecuritiesInitiatedHold
    3-Jun-02Raymond JamesUpgradeMkt PerformBuy
    10-May-02Raymond JamesInitiatedMkt Perform
    7-May-02Morgan StanleyInitiatedEqual-weight
    7-May-02UBS WarburgInitiatedReduce
    7-May-02Merrill LynchInitiatedNT Buy/LT Strong Buy

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