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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    24-Oct-14ArgusUpgradeHoldBuy
    17-Oct-14UBSUpgradeNeutralBuy
    1-Aug-14Howard WeilUpgradeSector PerformSector Outperform
    8-Jan-14RBC Capital MktsUpgradeSector PerformOutperform
    7-Jan-14CowenDowngradeOutperformMarket Perform
    28-Nov-12Deutsche BankUpgradeHoldBuy
    25-Oct-12ArgusDowngradeBuyHold
    25-Sep-12Global Hunter SecuritiesDowngradeAccumulateNeutral
    24-Feb-12ArgusUpgradeHoldBuy
    31-Oct-11Dahlman RoseUpgradeHoldBuy
    23-Sep-11Global Hunter SecuritiesDowngradeBuyAccumulate
    14-Apr-11Global Hunter SecuritiesDowngradeBuyAccumulate
    8-Mar-11Dahlman RoseInitiatedHold
    6-Oct-10OppenheimerInitiatedPerform
    7-Apr-10Dahlman RoseInitiatedHold
    31-Mar-10Susquehanna FinancialInitiatedNeutral
    28-Jan-10Credit SuisseUpgradeNeutralOutperform
    26-Jan-10C.K. CooperInitiatedSell
    21-Jan-10CitigroupInitiatedBuy
    11-Nov-09Canaccord AdamsInitiatedBuy
    22-Oct-09Jesup & LamontUpgradeSellHold
    15-Oct-09BMO Capital MarketsInitiatedOutperform
    23-Jul-09ArgusDowngradeBuyHold
    8-May-09Barclays CapitalDowngradeOverweightEqual Weight
    22-Apr-09Deutsche SecuritiesDowngradeBuyHold
    24-Feb-09UBSInitiatedNeutral
    18-Nov-08Jesup & LamontInitiatedHold
    23-Oct-08CapitalOne southcoastInitiatedAdd
    16-Sep-08RBC Capital MktsDowngradeOutperformSector Perform
    27-Mar-08RBC Capital MktsUpgradeSector PerformOutperform
    23-Oct-07Banc of America SecInitiatedNeutral
    7-Sep-07BernsteinUpgradeMkt PerformOutperform
    11-Jul-07RBC Capital MktsDowngradeOutperformSector Perform
    18-May-07Calyon SecuritiesUpgradeNeutralAdd
    16-Apr-07Lehman BrothersUpgradeEqual-weightOverweight
    3-Jan-07Calyon SecuritiesDowngradeAddNeutral
    14-Dec-06RBC Capital MktsUpgradeSector PerformOutperform
    13-Jul-06JP MorganDowngradeOverweightNeutral
    25-May-06Calyon SecuritiesInitiatedAdd
    19-Jan-06Morgan StanleyDowngradeEqual-weightUnderweight
    6-Dec-05JP MorganUpgradeNeutralOverweight
    18-Feb-05Smith Barney CitigroupUpgradeHoldBuy
    6-Jan-05Merrill LynchDowngradeBuyNeutral
    3-Jan-05Morgan StanleyDowngradeOverweightEqual-weight
    13-Dec-04Raymond JamesUpgradeOutperformStrong Buy
    15-Nov-04Raymond JamesDowngradeStrong BuyOutperform
    11-Nov-04Sanders Morris HarrisUpgradeBuyStrong Buy
    27-Oct-04JP MorganUpgradeUnderweightNeutral
    18-Oct-04Banc of America SecUpgradeSellNeutral
    2-Jul-04Robert W. BairdDowngradeOutperformNeutral
    16-Jun-04Deutsche SecuritiesUpgradeHoldBuy
    10-Jun-04UBSUpgradeNeutralBuy
    5-May-04Banc of America SecDowngradeBuySell
    25-Mar-04Sanders Morris HarrisUpgradeHoldBuy
    3-Feb-04Lehman BrothersDowngradeOverweightEqual-weight
    12-Jan-04Deutsche SecuritiesDowngradeBuyHold
    5-Jan-04UBSDowngradeBuyNeutral
    17-Dec-03Stifel NicolausUpgradeMarket PerformBuy
    20-Oct-03RBC Capital MktsUpgradeSector PerformOutperform
    21-Jul-03Deutsche SecuritiesUpgradeHoldBuy
    16-Jun-03RBC Capital MktsDowngradeOutperformSector Perform
    2-May-03Smith Barney CitigroupDowngradeIn-lineUnderperform
    30-Jan-03Lehman BrothersUpgradeEqual-weightOverweight
    24-Jan-03Salomon Smth BrnyInitiatedIn-line
    4-Dec-02Lehman BrothersDowngradeOverweightEqual-weight
    22-Nov-02JP MorganDowngradeNeutralUnderweight
    5-Nov-02PrudentialInitiatedHold
    2-Oct-02Salomon Smth BrnyDowngradeOutperformIn-line
    2-Oct-02Goldman SachsDowngradeMkt OutperformMkt Perform
    1-Oct-02Banc of America SecDowngradeStrong BuyBuy
    23-Aug-02Ryan, Beck & CoDowngradeOutperformMkt Perform
    10-Jun-02Jefferies & CoUpgradeAccumulateBuy
    7-May-02SunTrust Rbsn HumphreyDowngradeBuyNeutral
    24-Apr-02Deutsche SecuritiesDowngradeStrong BuyBuy
    15-Apr-02Frost SecuritiesUpgradeBuyStrong Buy
    15-Apr-02AG EdwardsUpgradeHoldStrong Buy
    4-Apr-02Jefferies & CoDowngradeBuyAccumulate
    22-Mar-02Salomon Smth BrnyDowngradeOutperformNeutral
    19-Mar-02JP MorganDowngradeLT BuyMkt Perform
    6-Feb-02Deutsche Bc Alex. BrUpgradeBuyStrong Buy
    1-Feb-02Robert W. BairdUpgradeMkt PerformMkt Outperform
    25-Jan-02Banc of America SecUpgradeBuyStrong Buy
    15-Nov-01Merrill LynchDowngradeNT BuyNT Accum
    30-Oct-01ABN AMRODowngradeAddHold
    24-Oct-01JP MorganDowngradeBuyLT Buy
    2-Aug-01Banc of America SecInitiatedMkt Perform
    23-Jul-01Salomon Smth BrnyDowngradeBuyOutperform
    23-Jul-01Robert W. BairdUpgradeMkt PerformMkt Outperform
    17-Jul-01Deutsche Bc Alex. BrUpgradeMkt PerformBuy
    4-Jul-01ABN AMRODowngradeBuyAdd
    3-Jul-01ABN AMRODowngradeBuyAdd
    28-Jun-01Frost SecuritiesDowngradeStrong BuyBuy
    27-Jun-01Morgan StanleyUpgradeOutperformStrong Buy
    8-Jun-01Robert W. BairdDowngradeMkt OutperformMkt Perform
    24-Apr-01Mrgn Stnly Dn WttrInitiatedOutperform
    11-Apr-01JP MorganInitiatedBuy
    30-Mar-01Frost SecuritiesUpgradeBuyStrong Buy
    13-Mar-01Stifel, NicolausUpgradeBuyStrong Buy
    12-Mar-01Stifel, NicolausUpgradeBuyStrong Buy
    2-Feb-01PrudentialInitiatedStrong Buy
    7-Nov-00Deutsche Bc Alex. BrInitiatedMkt Perform
    31-Oct-00Lehman BrothersUpgradeOutperformBuy
    13-Sep-00Frost SecuritiesDowngradeStrong BuyBuy
    8-Sep-00ING BaringsInitiatedStrong Buy
    17-Aug-00AG EdwardsDowngradeAccumulateMaintain Position
    14-Jul-00UBS WarburgUpgradeBuyStrong Buy
    7-Jun-00PaineWebberInitiatedBuy
    3-Apr-00Dain Rauscher WesselsUpgradeBuyStrong Buy
    11-Feb-00Merrill LynchUpgradeNT AccumNT Buy
    19-Jan-00AG EdwardsDowngradeBuyAccumulate
    11-Jan-00CIBC Wrld MktsUpgradeBuyStrong Buy
    6-Jan-00DLJDowngradeTop PickBuy
    7-Dec-99Dain Rauscher WesselsInitiatedBuy
    8-Nov-99DLJUpgradeBuyTop Pick
    22-Oct-99Lehman BrothersUpgradeNeutralOutperform
    15-Oct-99Jefferies & CoUpgradeHoldBuy
    14-Sep-99Robinson HumphreyUpgradeST Mkt PerformST Buy
    15-Jun-99Lehman BrosInitiatedNeutral
    3-Jun-99Goldman SachsInitiatedMkt Outperform
    3-Jun-99Warburg Dlln RdUpgradeHoldBuy
    3-Jun-99Schroder & CoUpgradeOutperformOutperf. Signif.
    24-May-99Salomon Smth BrnyUpgradeOutperformBuy
    9-Apr-99DLJInitiatedBuy
    30-Jun-98SBC Wrbg Dlln RdDowngradeBuyHold
    26-Jun-98Jefferies & CoDowngradeBuyHold
    16-Jun-98PaineWebberDowngradeAccumulateNeutral
    11-May-98Morgan StanleyUpgradeOutperformStrong Buy
    8-May-98Morgan StanleyUpgradeOutperformStrong Buy
    7-May-98Morgan StanleyUpgradeOutperformStrong Buy
    2-Mar-98Morgan StanleyInitiatedOutperform

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