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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
3-Jul-13RBC Capital MktsInitiatedSector Perform
2-Oct-12AvondaleDowngradeMkt OutperformMkt Perform
2-Feb-12Barclays CapitalDowngradeOverweightEqual Weight
24-Oct-11AvondaleUpgradeMkt PerformMkt Outperform
26-May-10Barclays CapitalUpgradeEqual WeightOverweight
29-Jan-10JP MorganUpgradeNeutralOverweight
6-Jan-10CitigroupUpgradeHoldBuy
22-Oct-09BMO Capital MarketsUpgradeMarket PerformOutperform
1-Oct-09CitigroupDowngradeBuyHold
14-Aug-09William BlairInitiatedMkt Perform
11-May-09UBSUpgradeNeutralBuy
13-Oct-08Deutsche SecuritiesUpgradeSellHold
10-Sep-08Deutsche SecuritiesInitiatedSell
18-Aug-08Lehman BrothersDowngradeOverweightEqual-Weight
10-Jul-08Banc of America SecDowngradeBuyNeutral
2-Jan-08BMO Capital MarketsDowngradeOutperformMarket Perform
30-Nov-07Credit SuisseInitiatedOutperform
30-Oct-07CitigroupUpgradeHoldBuy
21-Aug-07Matrix ResearchUpgradeHoldStrong Buy
20-Jul-07Banc of America SecUpgradeNeutralBuy
8-Mar-07Lehman BrothersInitiatedOverweight
1-Mar-07Stifel NicolausInitiatedHold
24-Jan-07Goldman SachsDowngradeNeutralSell
18-Oct-06CitigroupDowngradeBuyHold
5-Sep-06Ryan, Beck & CoDowngradeOutperformMkt Perform
1-Aug-06UBSDowngradeBuyNeutral
19-Apr-06WachoviaUpgradeMkt PerformOutperform
20-Mar-06Banc of America SecInitiatedNeutral
30-Jan-06Deutsche SecuritiesDowngradeBuyHold
20-Apr-05CIBC Wrld MktsDowngradeSector OutperformSector Perform
15-Dec-04Morgan StanleyDowngradeOverweightEqual-weight
14-Dec-04Ryan, Beck & CoInitiatedOutperform
3-Dec-04Merrill LynchInitiatedBuy
3-Sep-04Smith Barney CitigroupUpgradeHoldBuy
11-Mar-04CIBC Wrld MktsUpgradeSector PerformSector Outperform
5-Mar-04Thomas WeiselDowngradeOutperformPeer Perform
26-Jan-04JP MorganInitiatedOverweight
23-Dec-03Jefferies & CoInitiatedBuy
15-Sep-03Lehman BrothersDowngradeOverweightEqual-weight
7-Aug-03Thomas WeiselUpgradePeer PerformOutperform
9-Jun-03Deutsche SecuritiesUpgradeHoldBuy
28-Apr-03UBS WarburgUpgradeNeutralBuy
30-Jan-03Banc of America SecUpgradeNeutralBuy
11-Dec-02Wachovia SecDowngradeStrong BuyBuy
18-Oct-02Wachovia SecUpgradeBuyStrong Buy
9-Aug-02Thomas WeiselInitiatedMkt Perform
18-Jul-02CSFBUpgradeHoldBuy
8-Jul-02Lehman BrothersUpgradeMkt PerformBuy
27-Jun-02JP MorganInitiatedBuy
24-May-02CIBC Wrld MktsInitiatedBuy
13-Mar-02UBS WarburgDowngradeBuyHold
12-Mar-02Deutsche Bc Alex. BrDowngradeStrong BuyMkt Perform
31-Jan-02Robert W. BairdUpgradeMkt OutperformStrong Buy
20-Nov-01CSFBInitiatedHold
14-Nov-01Legg MasonUpgradeBuyStrong Buy
5-Nov-01UBS WarburgUpgradeHoldBuy
31-Jul-01Lehman BrothersInitiatedMkt Perform
20-Jul-01Gerard Klauer MattisonDowngradeOutperformNeutral
9-Jul-01Janney Mntgmy ScottDowngradeAccumulateHold
29-Jun-01Banc of America SecInitiatedMkt Perform
6-Jun-01Merrill LynchDowngradeNT BuyNT Accum
29-May-01Janney Mntgmy ScottDowngradeBuyAccumulate
9-Apr-01First Union SecDowngradeStrong BuyBuy
19-Mar-01Goldman SachsDowngradeRecomm ListMkt Outperform
8-Mar-01Salomon Smth BrnyInitiatedBuy
17-Jan-01UBS WarburgInitiatedHold
2-Jan-01Robert W. BairdDowngradeStrong BuyMkt Outperform
8-Nov-00Merrill LynchInitiatedNT Buy/LT Accum
8-Jun-00PrudentialUpgradeAccumulateStrong Buy
2-Jun-00Deutsche Bc Alex. BrInitiatedBuy
20-Apr-00Janney Mntgmy ScottUpgradeAccumulateBuy
27-Jan-00Salomon Smth BrnyInitiatedOutperform
20-Jan-00Goldman SachsUpgradeMarket OutperformRecommended List
4-Jan-00ABN AMROInitiatedBuy
27-Oct-99CSFBUpgradeHoldBuy
25-Oct-99Goldman SachsInitiatedMarket Outperform
7-Oct-99Mrgn Stnly Dn WttrInitiatedOutperform
1-Sep-99Bear StearnsUpgradeAttractiveBuy
28-Jul-99First Union Cap MktsUpgradeOutperformBuy
25-Mar-99CSFBInitiatedHold
11-Jan-99PrudentialUpgradeHoldAccumulate
23-Nov-98Mrgn Stnly Dn WttrDowngradeOutperformNeutral
26-Oct-98Wheat First UnionInitiatedOutperform
10-Jul-98Bear StearnsInitiatedAttractive
1-Jul-98DLJDowngradeBuyMkt Perform

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