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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
2-Aug-13UBSDowngradeBuyNeutral
2-Apr-13StifelDowngradeBuyHold
16-Apr-12LongbowUpgradeNeutralBuy
2-Apr-12UBSDowngradeBuyNeutral
16-Dec-11OppenheimerUpgradePerformOutperform
2-Dec-11MKM PartnersInitiatedNeutral
5-Apr-11Auriga U.S.AUpgradeSellHold
23-Mar-11LongbowInitiatedBuy
14-Oct-10Barclays CapitalDowngradeOverweightEqual Weight
14-Apr-10Barclays CapitalUpgradeEqual WeightOverweight
17-Feb-10Broadpoint AmTech ResearchUpgradeNeutralBuy
20-Nov-09BMO Capital MarketsInitiatedMarket Perform
8-Jul-09ThinkEquityInitiatedAccumulate
11-May-09Global Crown CapitalUpgradeNeutralOverweight
15-Apr-09CitigroupInitiatedHold
14-Apr-09Canaccord AdamsDowngradeBuyHold
25-Mar-09Thomas WeiselUpgradeMarket WeightOverweight
24-Nov-08Friedman BillingsDowngradeMkt PerformUnderperform
13-Oct-08Credit SuisseUpgradeNeutralOutperform
12-Sep-08AmTech ResearchDowngradeBuyNeutral
17-Jul-08UBSUpgradeNeutralBuy
3-Jun-08UBSDowngradeBuyNeutral
23-May-08Deutsche SecuritiesDowngradeBuyHold
22-Feb-08UBSUpgradeNeutralBuy
20-Dec-07Piper JaffrayInitiatedBuy
5-Dec-07LongbowInitiatedNeutral
12-Oct-07Caris & CompanyInitiatedAverage
28-Sep-07FTN MidwestInitiatedBuy
16-Aug-07Credit SuisseInitiatedNeutral
2-Aug-07Cowen & CoInitiatedNeutral
22-Jun-07Piper JaffrayDowngradeOutperformMarket Perform
23-May-07Credit SuisseDowngradeOutperformNeutral
7-May-07PrudentialDowngradeNeutralUnderweight
24-Apr-07Bear StearnsInitiatedPeer Perform
21-Mar-07Goldman SachsDowngradeBuyNeutral
5-Feb-07Am Tech/JSA ResearchUpgradeNeutralBuy
18-Jan-07Global Crown CapitalDowngradeOverweightNeutral
19-Dec-06CIBC Wrld MktsDowngradeSector OutperformSector Perform
29-Nov-06Lehman BrothersDowngradeOverweightEqual-weight
12-Oct-06UBSInitiatedNeutral
22-Sep-06Caris & CompanyDowngradeBuyAbove Average
6-Jul-06CitigroupDowngradeBuyHold
7-Jun-06Matrix ResearchDowngradeBuyHold
24-May-06First AlbanyUpgradeNeutralBuy
20-Apr-06Friedman BillingsDowngradeOutperformMkt Perform
15-Mar-06HSBC SecuritiesDowngradeNeutralUnderweight
19-Jan-06Goldman SachsUpgradeIn-LineOutperform
3-Nov-05Jefferies & CoInitiatedHold
19-Oct-05CIBC Wrld MktsUpgradeSector PerformSector Outperform
3-Oct-05Deutsche SecuritiesUpgradeHoldBuy
6-Sep-05First AlbanyDowngradeBuyNeutral
22-Aug-05Banc of America SecUpgradeNeutralBuy
5-Apr-05Friedman BillingsInitiatedOutperform
29-Mar-05WachoviaInitiatedOutperform
9-Mar-05BernsteinUpgradeMkt PerformOutperform
4-Mar-05First AlbanyDowngradeStrong BuyBuy
28-Feb-05Lehman BrothersUpgradeEqual-weightOverweight
7-Feb-05Caris & CompanyUpgradeAbove AverageBuy
4-Feb-05PrudentialDowngradeOverweightNeutral
11-Nov-04Wells Fargo SecInitiatedSell
22-Jul-04Deutsche SecuritiesUpgradeSellHold
21-Jul-04Piper JaffrayUpgradeMarket PerformOutperform
12-Jul-04Merrill LynchDowngradeBuyNeutral
17-Jun-04CE Unterberg TowbinInitiatedMarket Perform
14-Jun-04AmTech ResearchInitiatedBuy
11-May-04Lehman BrothersDowngradeOverweightEqual-weight
26-Apr-04JP MorganInitiatedNeutral
21-Apr-04PrudentialUpgradeUnderweightOverweight
17-Mar-04Caris & CompanyInitiatedAbove Average
17-Mar-04First AlbanyUpgradeBuyStrong Buy
8-Jan-04Pacific Growth EquitiesUpgradeUnder WeightEqual Weight
12-Nov-03AG EdwardsInitiatedHold
15-Oct-03Wedbush MorganUpgradeHoldBuy
8-Oct-03RBC Capital MktsInitiatedOutperform
20-Aug-03PrudentialInitiatedHold
31-Jul-03Merrill LynchUpgradeNeutralBuy
15-Apr-03Kaufman BrosInitiatedHold
7-Apr-03JMP SecuritiesDowngradeMkt PerformMkt Underperform
25-Mar-03FulcrumInitiatedNeutral
19-Mar-03Pacific Growth EquitiesDowngradeEqual WeightUnder Weight
7-Jan-03AG EdwardsInitiatedHold
13-Dec-02Pacific Growth EquitiesInitiatedEqual Weight
9-Dec-02Salomon Smth BrnyInitiatedIn-line
4-Dec-02First AlbanyInitiatedBuy
4-Dec-02Deutsche SecuritiesDowngradeHoldSell
15-Nov-02CIBC Wrld MktsInitiatedSector Perform
15-Nov-02Merrill LynchUpgradeSellNeutral
5-Nov-02JMP SecuritiesInitiatedMkt Perform
6-Sep-02Merrill LynchDowngradeNT NeutralNT Reduce/Sell
12-Aug-02Lehman BrothersUpgradeUnderweightOverweight
11-Jul-02PrudentialUpgradeHoldBuy
11-Jul-02USB Piper JaffrayInitiatedMarket Perform
8-Jul-02Investec IncInitiatedHold
24-Jun-02Investec IncInitiatedHold
6-Jun-02Merrill LynchDowngradeNT BuyNT Neutral
21-Feb-02Pacific CrestInitiatedBuy
20-Feb-02Wedbush MorganInitiatedHold
17-Jan-02Deutsche Bc Alex. BrUpgradeMkt PerformBuy
15-Jan-02Merrill LynchDowngradeNT Strong BuyNT Buy
7-Nov-01Morgan StanleyDowngradeOutperformNeutral
16-Oct-01ABN AMROInitiatedBuy
10-Oct-01Deutsche Bc Alex. BrInitiatedMkt Perform
13-Aug-01Goldman SachsUpgradeMkt PerformMkt Outperform
1-Aug-01Merrill LynchUpgradeNT NeutralNT Buy
27-Jun-01Merrill LynchDowngradeNT AccumNT Neutral
28-Mar-01Banc of America SecInitiatedMkt Perform
13-Mar-01Robertson StephensDowngradeBuyLT Attractive
25-Jan-01Mrgn Stnly Dn WttrDowngradeStrong BuyOutperform
18-Jan-01Dain Rauscher WesselsDowngradeStrong BuyNeutral
20-Dec-00CSFBDowngradeStrong BuyBuy
9-Nov-00Banc of America SecDowngradeStrong BuyBuy
1-Nov-00JP MorganDowngradeBuyMkt Perform
19-Oct-00Gerard Klauer MattisonUpgradeNeutralOutperform
19-Oct-00Banc of America SecUpgradeBuyStrong Buy
20-Apr-00Bear StearnsUpgradeAttractiveBuy
20-Apr-00ABN AMROUpgradeOutperformBuy
19-Apr-00ABN AMROUpgradeHoldOutperform
2-Dec-99Bear StearnsUpgradeNeutralAttractive
22-Nov-99ABN AMRODowngradeOutperformHold
14-Oct-99ABN AMROUpgradeHoldOutperform
6-Oct-99Thomas WeiselInitiatedBuy
23-Aug-99Bear StearnsInitiatedNeutral
20-Aug-99Adams HarknessInitiatedMarket Perform
10-Aug-99Banc of America SecInitiatedBuy $75
5-Aug-99Hambrecht & QuistInitiatedBuy
22-Jul-99ABN AMRODowngradeOutperformHold
8-Jun-99Dain RauscherInitiatedStrong Buy
3-Mar-99Mrgn Stnly Dn WttrUpgradeOutperformStrong Buy
11-Feb-99PrudentialInitiatedStrong Buy
9-Feb-99DLJInitiatedBuy
5-Feb-99BT Alex. BrownUpgradeBuyStrong Buy
3-Dec-98NB MontgomeryUpgradeHoldBuy
2-Dec-98Mrgn Stnly Dn WttrInitiatedOutperform
19-Nov-98Hambrecht & QuistDowngradeStrong BuyBuy
9-Sep-98BT Alex. BrownInitiatedBuy
24-Aug-98Hambrecht & QuistUpgradeBuyStrong Buy
13-Aug-98Lehman BrosUpgradeOutperformBuy
7-Aug-98CS First BostonInitiatedStrong Buy
22-Jul-98CIBC OppenheimerDowngradeBuyHold
10-Jul-98Lehman BrosInitiatedNeutral

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