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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    14-Mar-14Deutsche BankDowngradeBuyHold
    27-Jun-13RBC Capital MktsUpgradeSector PerformOutperform
    12-Apr-13Deutsche BankUpgradeHoldBuy
    25-Oct-11FBR CapitalInitiatedOutperform
    29-Oct-10Brean MurrayDowngradeBuyHold
    10-Aug-10MerrimanInitiatedBuy
    16-Jul-10JefferiesInitiatedBuy
    20-Apr-10KeyBanc Capital MktsUpgradeHoldBuy
    31-Mar-10Sterne AgeeInitiatedBuy
    18-Mar-10Deutsche BankInitiatedBuy
    18-Sep-09Stifel NicolausInitiatedHold
    27-Jul-09Morgan JosephUpgradeHoldBuy
    27-Apr-09KeyBanc Capital MktsUpgradeUnderweightHold
    6-Apr-09SMH CapitalDowngradeBuyAccumulate
    6-Mar-09Janney Mntgmy ScottInitiatedNeutral
    4-Feb-09SMH CapitalUpgradeNeutralBuy
    19-Dec-08SMH CapitalDowngradeAccumulateNeutral
    24-Nov-08SMH CapitalInitiatedAccumulate
    26-Jun-08Brean MurrayInitiatedBuy
    9-May-08Lehman BrothersUpgradeEqual-WeightOverweight
    11-Apr-08KeyBanc Capital MktsDowngradeHoldUnderweight
    12-Mar-08Morgan JosephDowngradeBuyHold
    12-Dec-07BMO Capital MarketsInitiatedMarket Perform
    3-Dec-07Lehman BrothersDowngradeOverweightEqual-weight
    4-Apr-07Matrix ResearchDowngradeBuyHold
    26-Jan-07PrudentialInitiatedUnderweight
    16-Jan-07Matrix ResearchDowngradeStrong BuyBuy
    25-Aug-06Bear StearnsInitiatedOutperform
    24-Aug-06Matrix ResearchInitiatedStrong Buy
    18-Jul-06KeyBanc Capital Mkts / McDonaldInitiatedHold
    21-Jun-06Nollenberger CapitalUpgradeNeutralBuy
    19-May-06Morgan JosephUpgradeHoldBuy
    24-Apr-06Morgan JosephDowngradeBuyHold
    2-Feb-06Nollenberger CapitalInitiatedNeutral
    27-Jan-06Lehman BrothersUpgradeEqual-weightOverweight
    9-Jan-06Morgan JosephInitiatedBuy
    15-Nov-05JP MorganInitiatedOverweight
    3-Aug-05CIBC Wrld MktsUpgradeSector UnderperformSector Perform
    14-Dec-04CIBC Wrld MktsDowngradeSector PerformSector Underperform
    1-Dec-04Banc of America SecDowngradeBuyNeutral
    4-Aug-04Lehman BrothersInitiatedEqual-weight
    15-Jul-04Banc of America SecUpgradeNeutralBuy
    12-Feb-04SeidlerUpgradeHoldBuy
    9-Jan-04Thomas WeiselUpgradeUnderperformPeer Perform
    10-Oct-03Deutsche SecuritiesInitiatedBuy
    30-Aug-02Banc of America SecDowngradeBuyMkt Perform
    22-Jul-02Thomas WeiselInitiatedAttractive
    31-May-02CIBC Wrld MktsUpgradeHoldBuy
    28-Mar-02Banc of America SecInitiatedBuy
    29-Jun-01CIBC Wrld MktsDowngradeBuyHold
    15-Feb-01CIBC Wrld MktsInitiatedBuy
    2-Nov-00Robertson StephensDowngradeBuyMkt Performer
    20-Apr-00PrudentialUpgradeHoldAccumulate
    18-Apr-00McDonald InvstDowngradeBuyHold

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