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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
15-Jun-16JefferiesInitiatedBuy
16-Feb-16Sterne Agee CRTUpgradeNeutralBuy
19-Jan-16StifelUpgradeHoldBuy
8-Sep-15Sun Trust Rbsn HumphreyUpgradeNeutralBuy
21-Jul-15Sterne Agee CRTInitiatedNeutral
4-Jun-15Hilliard LyonsUpgradeNeutralLong-term Buy
29-Apr-15Societe GeneraleDowngradeBuyHold
27-Apr-15Credit AgricoleDowngradeOutperformUnderperform
2-Apr-15BMO Capital MarketsDowngradeOutperformMarket Perform
30-Jan-15ArgusDowngradeBuyHold
4-Mar-14UBSInitiatedNeutral
31-Jan-14Standpoint ResearchUpgradeSellHold
26-Nov-13RBC Capital MktsInitiatedSector Perform
24-May-13Standpoint ResearchDowngradeHoldSell
24-May-13UBSUpgradeNeutralBuy
25-Apr-13B. Riley & Co.DowngradeBuyNeutral
27-Jun-12RBC Capital MktsDowngradeOutperformSector Perform
20-Jun-12Hilliard LyonsDowngradeLong-term BuyNeutral
30-Apr-12OppenheimerDowngradeOutperformPerform
30-Jan-12UBSDowngradeBuyNeutral
23-Jan-12Stifel NicolausDowngradeBuyHold
20-Sep-11Hilliard LyonsInitiatedLong-term Buy
29-Apr-11Deutsche BankUpgradeHoldBuy
9-Aug-10ArgusUpgradeHoldBuy
1-Jul-10Standpoint ResearchDowngradeBuyHold
3-Jun-10Stifel NicolausInitiatedBuy
12-Feb-10Credit SuisseInitiatedOutperform
11-Jan-10BMO Capital MarketsDowngradeOutperformMarket Perform
25-Sep-09Jefferies & CoInitiatedBuy
18-Sep-09CitigroupUpgradeHoldBuy
20-May-09Barclays CapitalUpgradeEqual WeightOverweight
22-Apr-09RBC Capital MktsInitiatedSector Perform
20-Apr-09Sun Trust Rbsn HumphreyUpgradeNeutralBuy
2-Feb-09Caris & CompanyDowngradeAbove AverageAverage
15-Jan-09BernsteinDowngradeOutperformMkt Perform
16-Oct-08Caris & CompanyInitiatedAbove Average
16-Jul-08BMO Capital MarketsDowngradeOutperformMarket Perform
17-Apr-08Deutsche SecuritiesDowngradeBuyHold
29-Nov-07Credit SuisseInitiatedNeutral
25-Oct-07WachoviaInitiatedOutperform
8-Oct-07Sun Trust Rbsn HumphreyDowngradeBuyNeutral
28-Aug-07BMO Capital MarketsInitiatedOutperform
7-Jun-07Lehman BrothersDowngradeOverweightEqual-weight
8-May-07BernsteinInitiatedOutperform
22-Mar-07Bear StearnsUpgradePeer PerformOutperform
15-Mar-07CIBC Wrld MktsUpgradeSector PerformSector Outperform
17-Jan-07Goldman SachsUpgradeNeutralBuy
20-Nov-06HSBC SecuritiesUpgradeNeutralOverweight
7-Sep-06Sun Trust Rbsn HumphreyUpgradeNeutralBuy
13-Jul-06UBSInitiatedBuy
19-Jun-06Lehman BrothersUpgradeEqual-weightOverweight
21-Dec-05Lehman BrothersInitiatedEqual-weight
14-Oct-05Goldman SachsInitiatedIn-Line
4-Oct-05CitigroupDowngradeBuyHold
17-Aug-05Sun Trust Rbsn HumphreyInitiatedNeutral
11-Jul-05PrudentialUpgradeNeutralOverweight
5-Apr-05Bear StearnsInitiatedPeer Perform
23-Feb-05UBSUpgradeNeutralBuy
28-Jan-05Morgan StanleyUpgradeEqual-weightOverweight
24-Jan-05UBSDowngradeBuyNeutral
12-Jan-05CIBC Wrld MktsDowngradeSector OutperformSector Perform
15-Dec-04FulcrumInitiatedBuy
8-Nov-04Marquis Investment ResearchInitiatedHold
3-May-04PrudentialDowngradeOverweightNeutral
14-Apr-04Banc of America SecDowngradeBuyNeutral
3-Dec-03JP MorganInitiatedNeutral
8-Oct-03CSFBInitiatedNeutral
12-Sep-03Morgan StanleyInitiatedEqual-weight
13-May-03Deutsche SecuritiesInitiatedBuy
5-Dec-02Banc of America SecUpgradeMkt PerformBuy
27-Sep-02CIBC Wrld MktsInitiatedSector Outperform
22-Jul-02UBS WarburgUpgradeBuyStrong Buy
12-Jun-02Merrill LynchUpgradeNT Buy/LT BuyNT Strong Buy/LT Strong Buy
21-May-02UBS WarburgDowngradeStrong BuyBuy
26-Apr-02FulcrumInitiatedBuy
28-Feb-02ABN AMROInitiatedBuy
31-Jan-02CSFBUpgradeHoldBuy
31-Jan-02PrudentialUpgradeHoldBuy
12-Dec-01JP MorganUpgradeLT BuyBuy
12-Dec-01Lehman BrothersUpgradeMkt PerformStrong Buy
30-Oct-01Salomon Smth BrnyUpgradeOutperformBuy
24-Sep-01Goldman SachsUpgradeMkt OutperformRecomm List
8-Aug-01Lehman BrothersDowngradeBuyMkt Perform
6-Jun-01Lehman BrothersUpgradeMkt PerformBuy
21-May-01Banc of America SecDowngradeBuyMkt Perform
1-May-01Salomon Smth BrnyUpgradeNeutralOutperform
5-Mar-01Banc of America SecUpgradeMkt PerformBuy
2-Feb-01UBS WarburgUpgradeBuyStrong Buy
15-Dec-00Lehman BrothersInitiatedNeutral
30-Nov-00Mrgn Stnly Dn WttrInitiatedNeutral
5-Oct-00Merrill LynchUpgradeNT NeutralNT Accum
28-Sep-00Deutsche Bc Alex. BrUpgradeMkt PerformBuy
14-Jul-00UBS WarburgInitiatedBuy
13-Jun-00PaineWebberInitiatedAttractive
26-Apr-00AG EdwardsDowngradeAccumulateMaintain Position
25-Apr-00Banc of America SecDowngradeBuyMarket Perform
4-Apr-00DLJUpgradeMarket PerformBuy
14-Mar-00Deutsche Bc Alex. BrInitiatedMkt Perform
8-Mar-00PrudentialDowngradeStrong BuyHold
7-Mar-00Banc of America SecDowngradeStrong BuyBuy
7-Mar-00CSFBDowngradeBuyHold
7-Mar-00DLJDowngradeTop PickMarket Perform
7-Mar-00Merrill LynchDowngradeNT AccumNT Neutral
7-Mar-00Mrgn Stnly Dn WttrDowngradeOutperformNeutral
7-Mar-00JP MorganDowngradeBuyLT Buy
29-Feb-00AG EdwardsUpgradeMaintain PositionAccumulate
26-Jan-00Banc of America SecUpgradeBuyStrong Buy
10-Jan-00Schroder & CoDowngradeOutperformPerform-In-Line
6-Jan-00PrudentialUpgradeAccumulateStrong Buy
16-Nov-99PrudentialInitiatedAccumulate
2-Nov-99CSFBInitiatedBuy
24-Aug-99PaineWebberUpgradeNeutralAttractive
30-Jul-99Bear StearnsUpgradeNeutralBuy
12-Jul-99Banc of America SecUpgradeHoldBuy
20-May-99Banc of America SecInitiatedHold
9-Mar-99Mrgn Stnly Dn WttrInitiatedOutperform
10-Dec-98Goldman SachsUpgradeMkt PerformMkt Outperform
9-Dec-98Bear StearnsDowngradeAttractiveNeutral
23-Oct-98Schroder & CoUpgradePerform In LineOutperform
23-Oct-98Brown BrothersUpgradeST NeutralST Buy
16-Oct-98NB MontgomeryInitiatedHold
2-Oct-98Salomon Smth BrnyDowngradeOutperformNeutral
6-Aug-98AG EdwardsUpgradeMaintainAccumulate
31-Jul-98Bear StearnsDowngradeBuyAttractive
30-Jul-98PaineWebberDowngradeAttractiveNeutral

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