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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    19-Jan-16Monness Crespi & HardtDowngradeBuyNeutral
    31-Jul-15TD SecuritiesUpgradeHoldBuy
    16-Apr-15Scotia CapitalDowngradeSector OutperformSector Perform
    26-Jul-13UBSUpgradeNeutralBuy
    10-Jun-13Monness Crespi & HardtInitiatedBuy
    6-Dec-11RBC Capital MktsInitiatedSector Perform
    2-Feb-10Dahlman RoseInitiatedBuy
    29-Jan-10BMO Capital MarketsUpgradeMarket PerformOutperform
    11-Jan-10CIBC Wrld MktsUpgradeSector PerformSector Outperform
    29-Oct-09UBSUpgradeNeutralBuy
    16-Jun-09UBSDowngradeBuyNeutral
    19-May-09CIBC Wrld MktsDowngradeSector OutperformSector Perform
    5-May-09RBC Capital MktsUpgradeSector PerformOutperform
    21-Apr-09Canaccord AdamsDowngradeHoldSell
    9-Feb-09CIBC Wrld MktsUpgradeSector PerformSector Outperform
    8-Jan-09Canaccord AdamsDowngradeHoldSell
    8-Dec-08CIBC Wrld MktsDowngradeSector OutperformSector Perform
    24-Jul-08UBSUpgradeNeutralBuy
    18-Jun-08UBSDowngradeBuyNeutral
    22-May-08Canaccord AdamsUpgradeSellHold
    6-May-08UBSUpgradeNeutralBuy
    10-Apr-08UBSDowngradeBuyNeutral
    3-Mar-08CIBC Wrld MktsUpgradeSector PerformSector Outperform
    25-Jan-08UBSUpgradeNeutralBuy
    26-Oct-07CIBC Wrld MktsUpgradeSector UnderperformSector Perform
    15-Oct-07HSBC SecuritiesInitiatedOverweight
    15-Oct-07CIBC Wrld MktsDowngradeSector PerformSector Underperform
    15-Aug-07CIBC Wrld MktsUpgradeSector UnderperformSector Perform
    26-Jul-07UBSUpgradeReduceNeutral
    22-Jun-07CIBC Wrld MktsDowngradeSector PerformSector Underperform
    11-Jun-07UBSDowngradeNeutralReduce
    26-Mar-07CIBC Wrld MktsUpgradeSector UnderperformSector Perform
    21-Mar-07BMO Capital MarketsDowngradeMarket PerformUnderperform
    27-Feb-07UBSUpgradeReduceNeutral
    8-Jan-07CIBC Wrld MktsDowngradeSector PerformSector Underperform
    13-Oct-06CIBC Wrld MktsDowngradeSector OutperformSector Perform
    11-Oct-06UBSDowngradeBuyNeutral
    11-Sep-06CIBC Wrld MktsUpgradeSector PerformSector Outperform
    8-Aug-06UBSUpgradeNeutralBuy
    13-Feb-06CIBC Wrld MktsDowngradeSector OutperformSector Perform
    24-Oct-05CIBC Wrld MktsUpgradeSector PerformSector Outperform
    15-Jul-05CIBC Wrld MktsUpgradeSector UnderperformSector Perform
    22-Jun-05IRG ResearchDowngradeBuyNeutral
    29-Apr-05RBC Capital MktsUpgradeSector PerformOutperform
    25-Feb-05IRG ResearchUpgradeNeutralBuy
    28-Jan-05CIBC Wrld MktsDowngradeSector PerformSector Underperform
    5-Jan-05IRG ResearchDowngradeBuyNeutral
    16-Jun-04IRG ResearchInitiatedBuy
    22-Sep-03Raymond JamesDowngradeStrong BuyMkt Perform
    19-Jul-00CSFBUpgradeHoldBuy

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