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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
26-Mar-14MLV & CoInitiatedBuy
15-Jan-13Imperial CapitalInitiatedIn-line
14-May-12Stifel NicolausDowngradeBuyHold
10-May-12UBSDowngradeBuyNeutral
26-Jan-12Barclays CapitalDowngradeOverweightEqual Weight
6-Jan-12UBSUpgradeNeutralBuy
14-Jan-11KeyBanc Capital MktsInitiatedHold
20-Dec-10Stifel NicolausUpgradeHoldBuy
8-Nov-10JefferiesDowngradeBuyHold
19-Aug-10Barclays CapitalInitiatedOverweight
10-Aug-10Deutsche BankUpgradeHoldBuy
2-Dec-09Keefe BruyetteInitiatedMkt Perform
23-Sep-09OppenheimerInitiatedUnderperform
21-Jul-09UBSInitiatedNeutral
9-Jul-09Stifel NicolausInitiatedHold
13-Jan-09JP MorganUpgradeNeutralOverweight
12-Aug-08Banc of America SecUpgradeNeutralBuy
30-May-07Deutsche SecuritiesUpgradeHoldBuy
14-Feb-07Deutsche SecuritiesDowngradeBuyHold
14-Feb-07Banc of America SecDowngradeBuyNeutral
8-Jan-07Friedman BillingsUpgradeMkt PerformOutperform
20-Dec-06Banc of America SecUpgradeNeutralBuy
19-Oct-06UBSInitiatedBuy
2-Oct-06Goldman SachsInitiatedNeutral
21-Jun-05Morgan StanleyUpgradeEqual-weightOverweight
11-Apr-05Smith Barney CitigroupUpgradeSellHold
10-Jan-05Lehman BrothersUpgradeEqual-weightOverweight
23-Dec-04Friedman BillingsDowngradeOutperformMkt Perform
9-Sep-04Smith Barney CitigroupDowngradeHoldSell
14-Jun-04Merrill LynchDowngradeBuyNeutral
10-May-04Smith Barney CitigroupDowngradeBuyHold
23-Mar-04Friedman BillingsUpgradeMkt PerformOutperform
12-Jan-04JP MorganDowngradeOverweightNeutral
5-Jan-04Smith Barney CitigroupUpgradeHoldBuy
17-Dec-03Morgan StanleyUpgradeUnderweightEqual-weight
15-Oct-03JP MorganUpgradeNeutralOverweight
23-Sep-03RBC Capital MktsUpgradeSector PerformOutperform
25-Aug-03USB Piper JaffrayDowngradeOutperformMarket Perform
8-Apr-03JP MorganInitiatedNeutral
18-Feb-03Merrill LynchUpgradeNeutralBuy
27-Jan-03Thomas WeiselDowngradeBuyMkt Perform
6-Jan-03Salomon Smth BrnyDowngradeOutperformIn-line
13-Dec-02RBC Capital MktsInitiatedSector Perform
3-Dec-02Thomas WeiselInitiatedBuy
10-Oct-02USB Piper JaffrayInitiatedOutperform
23-Sep-02McDonald InvstInitiatedBuy
14-May-02Lehman BrothersUpgradeMkt UnderperformMkt Perform
4-Oct-01Deutsche Bc Alex. BrUpgradeMkt PerformBuy
13-Dec-00Deutsche Bc Alex. BrInitiatedMkt Perform
20-Nov-00Lehman BrothersDowngradeOutperformNeutral
14-Nov-00Mrgn Stnly Dn WttrDowngradeOutperformNeutral
10-Nov-00PrudentialDowngradeStrong BuyHold
10-Nov-00CIBC Wrld MktsDowngradeStrong BuyHold
2-Oct-00Mrgn Stnly Dn WttrInitiatedOutperform
9-Aug-00AG EdwardsDowngradeAccumulateMaintain Position
19-Jul-00CIBC Wrld MktsInitiatedStrong Buy
17-Feb-00Salomon Smth BrnyInitiatedOutperform
24-Sep-99PrudentialUpgradeHoldStrong Buy
2-Feb-99BT Alex. BrownInitiatedBuy
1-Feb-99PaineWebberDowngradeBuyAttractive
15-Jul-98BA Rbrtsn StphnsInitiatedBuy
24-Feb-98PrudentialInitiatedBuy

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