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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    19-Dec-14UBSDowngradeBuyNeutral
    7-Nov-14UBSUpgradeNeutralBuy
    3-Oct-14RBC Capital MktsDowngradeOutperformSector Perform
    15-Jul-13BMO Capital MarketsDowngradeOutperformMarket Perform
    22-Apr-13Deutsche BankDowngradeBuyHold
    16-Oct-12BarclaysInitiatedEqual Weight
    2-Oct-12RBC Capital MktsUpgradeSector PerformOutperform
    6-May-10Deutsche BankDowngradeBuyHold
    3-Feb-10Deutsche BankInitiatedBuy
    1-Dec-09JP MorganUpgradeNeutralOverweight
    24-Sep-09Thomas WeiselDowngradeOverweightMarket Weight
    11-Aug-09Dahlman RoseInitiatedBuy
    28-Jul-09Barclays CapitalInitiatedUnderweight
    2-Mar-09JP MorganUpgradeNeutralOverweight
    26-Jan-09HSBC SecuritiesDowngradeOverweightNeutral
    16-Jan-09JP MorganDowngradeOverweightNeutral
    15-Jan-09Canaccord AdamsDowngradeBuyHold
    22-Dec-08UBSDowngradeBuyNeutral
    8-Dec-08Credit SuisseUpgradeNeutralOutperform
    14-Aug-08Canaccord AdamsUpgradeHoldBuy
    1-May-08HSBC SecuritiesUpgradeUnderweightNeutral
    27-Mar-08UBSUpgradeNeutralBuy
    22-Feb-08UBSDowngradeBuyNeutral
    19-Feb-08HSBC SecuritiesDowngradeNeutralUnderweight
    8-Jan-08CIBC Wrld MktsUpgradeSector PerformSector Outperform
    9-Nov-07BMO Capital MarketsDowngradeOutperformMarket Perform
    8-Nov-07CIBC Wrld MktsDowngradeSector OutperformSector Perform
    8-Nov-07Credit SuisseDowngradeOutperformNeutral
    7-Nov-07UBSDowngradeBuyNeutral
    19-Oct-07BMO Capital MarketsInitiatedOutperform
    9-Oct-07HSBC SecuritiesDowngradeOverweightNeutral
    3-Oct-07RBC Capital MktsUpgradeSector PerformOutperform
    7-Nov-06RBC Capital MktsDowngradeOutperformSector Perform
    11-May-06HSBC SecuritiesDowngradeOverweightNeutral
    31-Jan-06UBSUpgradeNeutralBuy
    26-Jan-06HSBC SecuritiesUpgradeNeutralOverweight
    6-Dec-05RBC Capital MktsUpgradeSector PerformOutperform
    1-Dec-05UBSUpgradeNeutralBuy
    11-Mar-05UBSDowngradeBuyNeutral
    22-Dec-04CIBC Wrld MktsUpgradeSector PerformSector Outperform
    18-Oct-04JP MorganUpgradeUnderweightNeutral
    23-Jan-04UBSUpgradeNeutralBuy
    12-Jan-04CIBC Wrld MktsDowngradeSector OutperformSector Perform
    31-May-02CIBC Wrld MktsDowngradeStrong BuyBuy
    22-Oct-01Goldman SachsUpgradeMkt UnderperformMkt Perform
    28-Jul-00Salomon Smth BrnyDowngradeBuyNeutral
    25-May-00Goldman SachsDowngradeMarket PerformMarket Underperform
    3-May-00Lehman BrothersDowngradeNeutralUnderperform
    30-Nov-99Deutsche Bc Alex. BrDowngradeBuyMkt Perform
    27-Sep-99Goldman SachsUpgradeMarket UnderperformMarket Perform
    24-Sep-99Salomon Smth BrnyUpgradeOutperformBuy
    23-Sep-99Deutsche Bc Alex. BrUpgradeMkt UnderperformBuy
    7-May-99Goldman SachsDowngradeMkt PerformMkt Underperform
    7-May-99Mrgn Stnly Dn WttrDowngradeOutperformNeutral
    13-Apr-99CIBC OppenheimerInitiatedBuy
    24-Sep-98CS First BostonInitiatedBuy
    2-Sep-98Merrill LynchInitiatedNT/LT Accum
    21-Aug-98Mgn Stnly Dn WitterInitiatedOutperform
    21-May-98Goldman SachsInitiatedMkt Performer

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