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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
20-Nov-13ArgusDowngradeBuyHold
23-Oct-13Deutsche BankUpgradeHoldBuy
25-Jan-13WunderlichDowngradeBuyHold
3-Jan-13MizuhoUpgradeNeutralBuy
20-Nov-12Stifel NicolausInitiatedHold
17-Aug-12ArgusUpgradeHoldBuy
9-Mar-12ArgusDowngradeHoldSell
2-Mar-12Northland SecuritiesInitiatedMarket Perform
22-Feb-12Deutsche BankDowngradeBuyHold
15-Aug-11Standpoint ResearchInitiatedAccumulate
17-Jun-11Morgan KeeganInitiatedMkt Perform
31-May-11ArgusDowngradeHoldSell
8-Apr-11WunderlichInitiatedBuy
4-Nov-10Collins StewartInitiatedHold
2-Sep-10Stifel NicolausInitiatedHold
14-Jul-10OppenheimerInitiatedOutperform
12-Jul-10Rodman & RenshawInitiatedMkt Outperform
24-Nov-09Noble FinancialUpgradeHoldBuy
18-Nov-09Morgan JosephInitiatedHold
12-Nov-09Wedbush MorganInitiatedNeutral
5-Nov-09Credit SuisseUpgradeNeutralOutperform
1-Oct-09JMP SecuritiesInitiatedMkt Outperform
12-Jun-09Robert W. BairdInitiatedNeutral
26-Feb-09RBC Capital MktsInitiatedSector Perform
13-Feb-09Lazard CapitalDowngradeBuyHold
6-Jan-09Leerink SwannDowngradeOutperformMkt Perform
10-Sep-08Banc of America SecInitiatedBuy
5-Sep-08Caris & CompanyInitiatedAverage
23-Jun-08Leerink SwannInitiatedOutperform
7-Mar-08Friedman BillingsInitiatedMkt Perform
28-Jan-08Cowen & CoInitiatedNeutral
7-Nov-07Credit SuisseInitiatedNeutral
9-Oct-07Stanford ResearchInitiatedHold
20-Sep-07UBSInitiatedBuy
11-Jul-07WachoviaInitiatedOutperform
23-May-07Piper JaffrayUpgradeMarket PerformOutperform
17-Apr-07BernsteinUpgradeMkt PerformOutperform
7-Mar-07Lazard CapitalUpgradeHoldBuy
28-Feb-07Caris & CompanyInitiatedBuy
28-Feb-07Leerink SwannUpgradeMkt PerformOutperform
21-Nov-06JP MorganUpgradeNeutralOverweight
19-Sep-06KeyBanc Capital Mkts / McDonaldUpgradeHoldBuy
3-Aug-06William BlairDowngradeOutperformMkt Perform
3-Aug-06Lazard CaptialDowngradeBuyHold
3-Aug-06Morgan StanleyDowngradeOverweightEqual-weight
3-Aug-06Goldman SachsDowngradeBuyNeutral
3-Aug-06First AlbanyDowngradeStrong BuyBuy
10-Jul-06BMO Nesbitt BurnsDowngradeOutperformMarket Perform
29-Jun-06Rodman & RenshawInitiatedMkt Outperform
5-Jun-06Needham & CoInitiatedBuy
5-Apr-06JMP SecuritiesDowngradeStrong BuyMkt Outperform
31-Mar-06BernsteinDowngradeOutperformMkt Perform
6-Mar-06Kaufman BrosInitiatedBuy
25-Jan-06Jefferies & CoDowngradeBuyHold
9-Dec-05PrudentialInitiatedOverweight
20-Oct-05KeyBanc Capital Mkts / McDonaldDowngradeBuyHold
6-Oct-05UBSInitiatedBuy
27-Sep-05JMP SecuritiesInitiatedStrong Buy
1-Aug-05Deutsche SecuritiesUpgradeHoldBuy
24-Jun-05Jefferies & CoUpgradeHoldBuy
1-Jun-05Jefferies & CoInitiatedHold
26-Apr-05KeyBanc Capital Mkts / McDonaldInitiatedBuy
22-Feb-05CSFBDowngradeOutperformNeutral
17-Feb-05CIBC Wrld MktsUpgradeSector UnderperformSector Perform
7-Feb-05Morgan StanleyUpgradeEqual-weightOverweight
6-Jan-05Bear StearnsUpgradePeer PerformOutperform
18-Nov-04Deutsche SecuritiesDowngradeBuyHold
18-Nov-04Piper JaffrayDowngradeOutperformMarket Perform
18-Nov-04Wells Fargo SecDowngradeBuyHold
18-Nov-04AG EdwardsDowngradeBuyHold
18-Nov-04AmTech ResearchDowngradeBuyHold
18-Nov-04CE Unterberg TowbinDowngradeBuyMarket Perform
6-Oct-04JP MorganDowngradeOverweightNeutral
27-Aug-04Morgan StanleyDowngradeOverweightEqual-weight
26-Jul-04CE Unterberg TowbinInitiatedBuy
19-Jul-04AmTech ResearchInitiatedBuy
9-Jul-04First AlbanyUpgradeNeutralStrong Buy
19-May-04Smith Barney CitigroupInitiatedBuy
13-Apr-04CSFBInitiatedOutperform
10-Mar-04Morgan StanleyUpgradeEqual-weightOverweight
17-Feb-04SG CowenUpgradeMkt PerformStrong Buy
5-Feb-04CIBC Wrld MktsDowngradeSector PerformSector Underperform
15-Oct-03Wells Fargo SecUpgradeHoldBuy
3-Oct-03PrudentialDowngradeNeutralUnderweight
13-Aug-03PrudentialDowngradeBuyHold
4-Aug-03BernsteinUpgradeMkt PerformOutperform
1-Aug-03Lehman BrothersUpgradeEqual-weightOverweight
21-Jul-03FulcrumDowngradeBuyNeutral
2-Apr-03Banc of America SecInitiatedBuy
26-Mar-03UBS WarburgDowngradeBuyNeutral
13-Feb-03Morgan StanleyDowngradeOverweightEqual-weight
4-Feb-03FulcrumUpgradeNeutralBuy
19-Dec-02FulcrumInitiatedNeutral
19-Dec-02Pacific Growth EquitiesInitiatedEqual Weight
5-Dec-02First AlbanyInitiatedNeutral
13-Nov-02PrudentialInitiatedBuy
28-Oct-02UBS WarburgDowngradeStrong BuyBuy
16-Oct-02Wells Fargo SecInitiatedHold
23-May-02JP MorganUpgradeLT BuyBuy
12-Mar-02SunTrust Rbsn HumphreyUpgradeOutperformBuy
17-Oct-01Wedbush MorganInitiatedBuy
26-Sep-01Banc of America SecUpgradeBuyStrong Buy
24-Sep-01Morgan StanleyUpgradeOutperformStrong Buy
19-Sep-01CSFBDowngradeStrong BuyBuy
15-Aug-01Robertson StephensUpgradeMkt PerformBuy
12-Jul-01Thomas WeiselUpgradeMkt PerformBuy
29-Jun-01BernsteinInitiatedMkt Perform
23-May-01USB Piper JaffrayDowngradeStrong BuyBuy
23-May-01JP MorganDowngradeBuyLT Buy
11-May-01Thomas WeiselInitiatedMkt Perform
26-Apr-01Mrgn Stnly Dn WttrDowngradeStrong BuyOutperform
6-Apr-01Robertson StephensInitiatedLT Attractive
16-Mar-01USB Piper JaffrayUpgradeBuyStrong Buy
15-Mar-01PrudentialUpgradeAccumulateStrong Buy
12-Dec-00Robinson HumphreyDowngradeBuyOutperform
21-Nov-00First Union SecUpgradeBuyStrong Buy
30-Oct-00CSFBUpgradeBuyStrong Buy
2-Aug-00ABN AMROUpgradeHoldBuy
28-Jun-00USB Piper JaffrayInitiatedBuy
8-Jun-00ABN AMRODowngradeBuyHold
8-Mar-00Warburg Dillon ReadInitiatedBuy
29-Feb-00CSFBInitiatedBuy
17-Feb-00Robinson HumphreyInitiatedBuy
15-Feb-00SG CowenInitiatedNeutral
16-Sep-99Gruntal & CoInitiatedOutperformer
12-Aug-99First Union Cap MktsInitiatedOutperform
26-Jul-99PrudentialInitiatedAccumulate
20-Jul-99Lehman BrothersInitiatedBuy
28-May-99PrudentialUpgradeHoldStrong Buy
28-May-99CIBC World MarketUpgradeHoldBuy
28-May-99ABN AMROUpgradeOutperformBuy
29-Apr-99ABN AMROInitiatedOutperform
14-Apr-99EVEREN Sec.InitiatedIT Outperform
8-Apr-99Merrill LynchInitiatedNT/LT Buy
15-Mar-99Volpe BrownInitiatedBuy
12-Mar-99AG EdwardsUpgradeAccumulateBuy
26-Feb-99Schroder & CoInitiatedOutperform
25-Feb-99Bear StearnsDowngradeBuyAttractive
2-Feb-99Needham & CoUpgradeHoldBuy
1-Feb-99SG Cowen & CoUpgradeBuyStrong Buy
14-Jan-99CS First BostonUpgradeHoldBuy
5-Jan-99PrudentialDowngradeAccumulateHold
1-Dec-98DLJUpgradeMkt PerformBuy
2-Nov-98CS First BostonDowngradeBuyHold
30-Oct-98Needham & CoDowngradeBuyHold
22-Oct-98BB Rbrtsn StphnsInitiatedBuy
12-Oct-98Vector SecUpgradeAttractiveBuy
12-Oct-98AG EdwardsUpgradeAccumulateBuy
22-Sep-98Dain RauscherUpgradeBuyStrong Buy
3-Sep-98Bear StearnsUpgradeAttractiveBuy
18-Aug-98Piper JaffrayUpgradeBuyStrong Buy
7-Aug-98UST Securities CorpDowngradeBuyHold
15-Jul-98Raymond JamesDowngradeBuyAccumulate
27-May-98Merrill LynchUpgradeNeutralAccumulate
27-May-98NB MontgomeryUpgradeHoldBuy
27-May-98Prudential SecUpgradeHoldBuy
11-May-98Vector SecuritiesUpgradeAttractiveBuy
11-May-98Furman SelzUpgradeHoldBuy
8-May-98Vector SecuritiesUpgradeAttractiveBuy
8-May-98Furman SelzUpgradeHoldBuy
7-May-98Vector SecuritiesUpgradeAttractiveBuy
7-May-98Furman SelzUpgradeHoldBuy
27-Apr-98Adams HarknessInitiatedBuy
20-Apr-98Morgan StanleyUpgradeOutperformStrong Buy
19-Mar-98Needham & CoInitiatedBuy
23-Feb-98CS First BostonInitiatedLT Buy
19-Feb-98Merrill LynchDowngradeNT AccumulateNT Neutral

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