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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    27-Jun-16BofA/MerrillDowngradeBuyNeutral
    2-Jun-16GoldmanInitiatedNeutral
    17-May-16Credit AgricoleInitiatedUnderperform
    19-Apr-16Raymond JamesDowngradeStrong BuyOutperform
    8-Apr-16RBC Capital MktsUpgradeSector PerformOutperform
    2-Mar-16Drexel HamiltonInitiatedBuy
    3-Aug-15RBC Capital MktsInitiatedSector Perform
    24-Jul-15BofA/MerrillUpgradeNeutralBuy
    8-Jul-15Drexel HamiltonDowngradeBuyHold
    24-Oct-14Deutsche BankUpgradeHoldBuy
    25-Jul-14MKM PartnersDowngradeBuyNeutral
    15-Jul-14BarclaysDowngradeOverweightEqual Weight
    28-Jan-14BarclaysUpgradeEqual WeightOverweight
    10-Jan-14OppenheimerDowngradeOutperformPerform
    18-Nov-13MKM PartnersUpgradeNeutralBuy
    15-Jan-13OppenheimerUpgradePerformOutperform
    2-Dec-11MKM PartnersInitiatedNeutral
    23-Mar-11LongbowInitiatedBuy
    8-Nov-10UBSUpgradeNeutralBuy
    29-Oct-10FBR CapitalUpgradeMkt PerformOutperform
    6-Jul-10RBC Capital MktsDowngradeOutperformSector Perform
    29-Jan-10GC ResearchUpgradeNeutralOverweight
    20-Nov-09BMO Capital MarketsInitiatedMarket Perform
    1-May-09ThinkEquityUpgradeAccumulateBuy
    15-Apr-09CitigroupInitiatedBuy
    14-Apr-09Canaccord AdamsUpgradeHoldBuy
    16-Mar-09FBR Capital MarketsUpgradeUnderperformMkt Perform
    28-Jan-09Barclays CapitalDowngradeOverweightEqual Weight
    16-Dec-08JP MorganDowngradeOverweightUnderweight
    24-Nov-08Friedman BillingsDowngradeMkt PerformUnderperform
    30-Oct-08Friedman BillingsUpgradeUnderperformMkt Perform
    13-Oct-08Credit SuisseDowngradeOutperformNeutral
    12-Sep-08AmTech ResearchDowngradeBuyNeutral
    1-Feb-08Jefferies & CoDowngradeBuyHold
    1-Feb-08Bear StearnsUpgradePeer PerformOutperform
    1-Feb-08CitigroupDowngradeBuySell
    1-Feb-08William BlairDowngradeMkt PerformUnderperform
    1-Feb-08Deutsche SecuritiesDowngradeBuyHold
    1-Feb-08UBSDowngradeBuyNeutral
    19-Dec-07CitigroupUpgradeHoldBuy
    4-Sep-07RBC Capital MktsInitiatedOutperform
    28-Aug-07Banc of America SecDowngradeBuyNeutral
    16-Aug-07Credit SuisseInitiatedOutperform
    2-Aug-07Cowen & CoInitiatedOutperform
    28-Jun-07Bear StearnsUpgradePeer PerformOutperform
    24-Apr-07Bear StearnsInitiatedPeer Perform
    5-Feb-07Am Tech/JSA ResearchUpgradeNeutralBuy
    5-Feb-07Jefferies & CoUpgradeHoldBuy
    19-Dec-06CIBC Wrld MktsDowngradeSector OutperformSector Perform
    12-Oct-06UBSInitiatedNeutral
    22-Sep-06Caris & CompanyDowngradeAbove AverageAverage
    17-Jul-06Caris & CompanyDowngradeBuyAbove Average
    6-Jul-06CitigroupDowngradeBuyHold
    14-Jun-06Goldman SachsDowngradeOutperformIn-Line
    9-Jun-06PrudentialUpgradeUnderweightNeutral
    26-Jan-06PrudentialDowngradeNeutralUnderweight
    3-Nov-05Jefferies & CoInitiatedHold
    28-Oct-05PrudentialDowngradeOverweightNeutral
    28-Oct-05Friedman BillingsDowngradeOutperformMkt Perform
    3-Oct-05Deutsche SecuritiesUpgradeHoldBuy
    11-Jul-05Goldman SachsUpgradeIn-LineOutperform
    6-Apr-05Merrill LynchUpgradeNeutralBuy
    5-Apr-05Friedman BillingsInitiatedOutperform
    29-Mar-05WachoviaInitiatedMkt Perform
    28-Feb-05Lehman BrothersUpgradeEqual-weightOverweight
    10-Feb-05Banc of America SecUpgradeNeutralBuy
    11-Nov-04Wells Fargo SecInitiatedSell
    3-Aug-04Banc of America SecInitiatedNeutral
    3-Aug-04AG EdwardsDowngradeBuyHold
    12-Jul-04Merrill LynchDowngradeBuyNeutral
    17-Jun-04CE Unterberg TowbinInitiatedBuy
    14-Jun-04AmTech ResearchInitiatedBuy
    11-May-04Lehman BrothersDowngradeOverweightEqual-weight
    28-Apr-04Deutsche SecuritiesUpgradeSellHold
    26-Apr-04JP MorganInitiatedOverweight
    21-Apr-04PrudentialUpgradeUnderweightOverweight
    16-Mar-04Caris & CompanyInitiatedBuy
    6-Feb-04Pacific Growth EquitiesUpgradeEqual WeightOver Weight
    8-Jan-04Pacific Growth EquitiesUpgradeUnder WeightEqual Weight
    12-Nov-03AG EdwardsInitiatedHold
    29-Oct-03Soundview TechnologyUpgradeNeutralOutperform
    14-Oct-03SG CowenInitiatedOutperform
    20-Aug-03PrudentialInitiatedHold
    13-Aug-03Wedbush MorganUpgradeHoldBuy
    31-Jul-03Merrill LynchUpgradeNeutralBuy
    13-May-03Merrill LynchDowngradeBuyNeutral
    15-Apr-03Kaufman BrosInitiatedHold
    7-Apr-03JMP SecuritiesDowngradeMkt PerformMkt Underperform
    4-Apr-03Wedbush MorganDowngradeBuyHold
    25-Mar-03FulcrumInitiatedNeutral
    19-Mar-03Pacific Growth EquitiesDowngradeEqual WeightUnder Weight
    20-Feb-03Merrill LynchUpgradeNeutralBuy
    7-Jan-03AG EdwardsInitiatedHold
    13-Dec-02Pacific Growth EquitiesInitiatedEqual Weight
    9-Dec-02Salomon Smth BrnyInitiatedIn-line
    4-Dec-02Deutsche SecuritiesDowngradeHoldSell
    15-Nov-02CIBC Wrld MktsInitiatedSector Outperform
    15-Nov-02Merrill LynchUpgradeSellNeutral
    5-Nov-02JMP SecuritiesInitiatedMkt Perform
    6-Sep-02Merrill LynchDowngradeNT BuyNT Reduce/Sell
    12-Aug-02Lehman BrothersUpgradeUnderweightOverweight
    7-Aug-02Wedbush MorganUpgradeHoldBuy
    11-Jul-02PrudentialUpgradeHoldBuy
    24-Jun-02Investec IncInitiatedHold
    6-Jun-02Merrill LynchDowngradeNT Strong BuyNT Buy
    4-Jun-02USB Piper JaffrayInitiatedOutperform
    9-May-02Bear StearnsInitiatedAttractive
    29-Apr-02CSFBUpgradeHoldBuy
    21-Feb-02Pacific CrestInitiatedBuy
    20-Feb-02Wedbush MorganInitiatedHold
    8-Nov-01JP MorganInitiatedLT Buy
    7-Nov-01Morgan StanleyDowngradeOutperformNeutral
    10-Oct-01Deutsche Bc Alex. BrInitiatedBuy
    7-Aug-01CSFBDowngradeBuyHold
    1-Aug-01Merrill LynchUpgradeNT NeutralNT Buy
    16-Jul-01Merrill LynchInitiatedNT Neut/LT Buy
    25-Jan-01Mrgn Stnly Dn WttrDowngradeStrong BuyOutperform
    1-Nov-00JP MorganDowngradeBuyMkt Perform
    25-Oct-00CSFBDowngradeStrong BuyBuy
    11-Aug-00ABN AMROUpgradeOutperformBuy
    26-Jan-00Banc of America SecUpgradeBuyStrong Buy
    23-Nov-99ABN AMRODowngradeBuyOutperform
    26-Oct-99ABN AMROUpgradeOutperformBuy
    20-Aug-99Adams HarknessInitiatedMarket Perform
    10-Aug-99Banc of America SecInitiatedBuy $100
    3-Mar-99Mrgn Stnly Dn WttrUpgradeOutperformStrong Buy
    5-Feb-99BT Alex. BrownUpgradeBuyStrong Buy
    2-Dec-98Mrgn Stnly Dn WttrInitiatedOutperform
    13-Nov-98BB Rbrtsn StphnsInitiatedBuy
    9-Sep-98BT Alex. BrownInitiatedBuy
    13-Aug-98Lehman BrosUpgradeOutperformBuy
    7-Aug-98CS First BostonInitiatedStrong Buy
    10-Jul-98Lehman BrosInitiatedNeutral

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