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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
17-Jun-14Global Hunter SecuritiesDowngradeBuyAccumulate
3-Dec-13Global Hunter SecuritiesUpgradeNeutralBuy
25-Nov-13Prime ExecutionsInitiatedSell
17-Sep-13Howard WeilDowngradeSector OutperformSector Perform
13-Sep-13WunderlichInitiatedBuy
16-Apr-13Canaccord GenuityUpgradeSellHold
21-Nov-12Deutsche BankInitiatedBuy
8-Nov-12BarclaysDowngradeOverweightEqual Weight
2-Nov-12Canaccord GenuityDowngradeBuyHold
16-Aug-12Imperial CapitalInitiatedOutperform
2-Jul-12BarclaysUpgradeEqual WeightOverweight
18-Jun-12UBSUpgradeNeutralBuy
13-Dec-11Robert W. BairdInitiatedOutperform
11-Nov-11Deutsche BankDowngradeBuyHold
20-Sep-11Deutsche BankInitiatedBuy
8-Jul-11Stifel NicolausUpgradeHoldBuy
29-Mar-11Barclays CapitalUpgradeEqual WeightOverweight
28-Jan-11Global HunterInitiatedBuy
6-Oct-10KeyBanc Capital MktsInitiatedBuy
29-Sep-10MKM PartnersInitiatedBuy
7-Sep-10FBR CapitalUpgradeMkt PerformOutperform
25-Jun-10Caris & CompanyDowngradeAbove AverageAverage
4-Jun-10Stifel NicolausUpgradeHoldBuy
22-Apr-10Susquehanna FinancialInitiatedNeutral
26-Feb-10Stifel NicolausDowngradeBuyHold
19-Feb-10Credit SuisseDowngradeOutperformNeutral
11-Feb-10C.K. CooperInitiatedBuy
16-Oct-09Caris & CompanyInitiatedAbove Average
18-Aug-09OppenheimerUpgradePerformOutperform
16-Jun-09BMO Capital MarketsUpgradeUnderperformMarket Perform
11-May-09UBSDowngradeBuyNeutral
8-May-09FBR Capital MarketsDowngradeOutperformMkt Perform
11-Feb-09OppenheimerDowngradeOutperformPerform
5-Feb-09OppenheimerDowngradeOutperformPerform
5-Nov-08BMO Capital MarketsDowngradeOutperformMarket Perform
20-Oct-08Deutsche SecuritiesDowngradeBuyHold
20-Oct-08OppenheimerUpgradePerformOutperform
24-Jun-08BMO Capital MarketsUpgradeMarket PerformOutperform
5-May-08BMO Capital MarketsInitiatedMarket Perform
2-May-08Deutsche SecuritiesUpgradeHoldBuy
7-Feb-08CitigroupUpgradeHoldBuy
3-Dec-07RBC Capital MktsInitiatedOutperform
13-Nov-07Credit SuisseUpgradeNeutralOutperform
9-Nov-07CitigroupDowngradeBuyHold
6-Aug-07OppenheimerDowngradeBuyNeutral
25-Jul-07Lehman BrothersUpgradeUnderweightEqual-weight
30-Mar-07Friedman BillingsUpgradeMkt PerformOutperform
2-Nov-06Credit SuisseUpgradeUnderperformNeutral
20-Sep-06WachoviaInitiatedMkt Perform
3-Apr-06Morgan StanleyDowngradeEqual-weightUnderweight
15-Mar-06Credit SuisseDowngradeNeutralUnderperform
13-Feb-06RBC Capital MktsDowngradeOutperformSector Perform
9-Feb-06Bear StearnsDowngradePeer PerformUnderperform
18-Oct-05CSFBInitiatedNeutral
1-Sep-05Calyon SecuritiesUpgradeNeutralBuy
3-Aug-05Friedman BillingsDowngradeOutperformMkt Perform
2-Aug-05WachoviaDowngradeOutperformMkt Perform
15-Jul-05Jefferies & CoInitiatedHold
7-Jul-05Harris NesbittDowngradeOutperformNeutral
30-Jun-05Goldman SachsDowngradeOutperformIn-Line
4-May-05JP MorganDowngradeOverweightNeutral
15-Feb-05Smith Barney CitigroupUpgradeHoldBuy
21-Dec-04First AlbanyInitiatedNeutral
9-Dec-04Lehman BrothersDowngradeEqual-weightUnderweight
20-Oct-04Banc of America SecDowngradeBuyNeutral
5-Oct-04Harris NesbittUpgradeNeutralOutperform
7-Sep-04FulcrumDowngradeBuyNeutral
28-Jul-04Harris NesbittInitiatedNeutral
9-Jun-04CSFBUpgradeNeutralOutperform
6-May-04Merrill LynchDowngradeBuyNeutral
5-May-04WachoviaUpgradeMkt PerformOutperform
5-May-04RBC Capital MktsUpgradeSector PerformOutperform
5-May-04CSFBDowngradeOutperformNeutral
26-Apr-04Goldman SachsUpgradeIn-LineOutperform
30-Mar-04WachoviaDowngradeOutperformMkt Perform
2-Mar-04Banc of America SecUpgradeNeutralBuy
22-Dec-03Southwest SecuritiesDowngradeStrong BuyNeutral
18-Dec-03PrudentialDowngradeOverweightNeutral
18-Dec-03CSFBUpgradeNeutralOutperform
11-Jun-03Goldman SachsInitiatedIn-Line
3-Jun-03First AlbanyInitiatedNeutral
13-May-03Southwest SecuritiesInitiatedStrong Buy
30-Apr-03RBC Capital MktsDowngradeOutperformSector Perform
22-Apr-03CSFBDowngradeOutperformNeutral
18-Mar-03Banc of America SecInitiatedNeutral
15-Jan-03First AlbanyUpgradeBuyStrong Buy
16-Sep-02Lehman BrothersDowngradeOverweightEqual-weight
26-Jul-02Merrill LynchUpgradeNT BuyNT Strong Buy
19-Jun-02Frost SecuritiesInitiatedBuy
29-Nov-01JP MorganInitiatedLT Buy
15-Nov-01FAC/Eqts First AlbanyDowngradeStrong BuyBuy
31-Oct-01Stifel, NicolausUpgradeAccumulateBuy
24-Sep-01Lehman BrothersUpgradeBuyStrong Buy
19-Sep-01Stifel, NicolausDowngradeBuyAccumulate
7-Aug-01Lehman BrothersUpgradeMkt PerformBuy
28-Jun-01Frost SecuritiesDowngradeStrong BuyBuy
15-May-01Friedman BillingsInitiatedBuy
26-Apr-01Raymond JamesUpgradeBuyStrong Buy
11-Apr-01First Union SecInitiatedStrong Buy
3-Apr-01Dain Rauscher WesselsUpgradeBuy AggressiveStrong Buy Aggress
12-Mar-01Lehman BrothersDowngradeStrong BuyMkt Perform
1-Mar-01Stifel, NicolausInitiatedBuy
7-Nov-00Deutsche Bc Alex. BrInitiatedBuy
2-Oct-00Frost SecuritiesUpgradeBuyStrong Buy
17-Aug-00Frost SecuritiesInitiatedBuy
16-Jun-00Banc of America SecInitiatedBuy
3-May-00FAC/Eqts First AlbanyUpgradeNeutralStrong Buy
27-Apr-00Dain Rauscher WesselsUpgradeBuyStrong Buy
30-Mar-00Dain Rauscher WesselsInitiatedBuy
21-Mar-00Salomon Smth BrnyInitiatedOutperform
13-Dec-99Salomon Smth BrnyUpgradeOutperformBuy
7-Oct-99DLJUpgradeMarket PerformBuy
27-Sep-99PaineWebberUpgradeNeutralAttractive
10-Sep-99Salomon Smth BrnyUpgradeNeutralOutperform
6-Jul-99CSFBDowngradeStrong BuyBuy
30-Jun-99Paine WebberInitiatedNeutral
29-Apr-99JP MorganUpgradeLT BuyBuy
20-Jan-99JP MorganDowngradeBuyLT Buy
7-Dec-98FAC/Eqts Fst AlbanyInitiatedNeutral
17-Nov-98Mrgn Stnly Dn WttrDowngradeStrong BuyOutperform
14-Oct-98ING Barings Fm SelzInitiatedHold
7-Aug-98SBC Wrbg Dlln RdInitiatedHold
31-Jul-98Merrill LynchDowngradeNT AccumulateNT Neutral
15-May-98CS First BostonInitiatedStrong Buy
23-Mar-98Merrill LynchUpgradeNeutralNT Accumulate
17-Mar-98Merrill LynchDowngradeNT AccumulateNeutral

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