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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
24-Jan-13NeedhamUpgradeHoldBuy
24-Oct-12ArgusInitiatedBuy
22-Oct-12RBC Capital MktsDowngradeOutperformSector Perform
30-Jul-12NeedhamInitiatedHold
16-Jul-12Robert W. BairdDowngradeOutperformNeutral
20-Apr-12Deutsche BankDowngradeBuyHold
6-Jan-12Sterne AgeeUpgradeNeutralBuy
31-Oct-11Sterne AgeeDowngradeBuyNeutral
12-Oct-11RBC Capital MktsInitiatedTop Pick
5-Aug-11OppenheimerInitiatedOutperform
25-Jan-11AvianDowngradeNeutralNegative
12-Jan-11Deutsche BankDowngradeBuyHold
22-Nov-10Robert W. BairdUpgradeNeutralOutperform
21-Sep-10Sterne AgeeDowngradeBuyNeutral
12-Jul-10UBSUpgradeNeutralBuy
6-May-10Sterne AgeeInitiatedBuy
2-Mar-10UBSUpgradeSellNeutral
1-Mar-10Wedbush MorganUpgradeUnderperformNeutral
29-Jan-10JP MorganUpgradeUnderweightNeutral
6-Jan-10Caris & CompanyUpgradeAverageBuy
23-Dec-09ThinkEquityUpgradeHoldBuy
4-Dec-09JMP SecuritiesInitiatedMkt Outperform
3-Nov-09Wedbush MorganDowngradeNeutralUnderperform
12-Oct-09UBSDowngradeNeutralSell
16-Sep-09Broadpoint AmTech ResearchUpgradeNeutralBuy
9-Sep-09Deutsche SecuritiesUpgradeHoldBuy
11-Aug-09Wedbush MorganInitiatedNeutral
23-Jul-09AmTech ResearchDowngradeBuyNeutral
13-Jul-09Thomas WeiselUpgradeMarket WeightOverweight
18-Jun-09NeedhamDowngradeHoldUnderperform
15-May-09ThinkEquityUpgradeAccumulateBuy
3-Feb-09Caris & CompanyDowngradeAverageBelow Average
2-Feb-09Auriga U.S.AInitiatedSell
5-Dec-08AmTech ResearchUpgradeNeutralBuy
20-Nov-08Matrix ResearchDowngradeHoldSell
27-Oct-08Cowen & CoUpgradeUnderperformNeutral
9-Sep-08Lazard CapitalDowngradeBuyHold
5-Sep-08Caris & CompanyUpgradeBelow AverageAverage
29-Jul-08Caris & CompanyDowngradeAbove AverageBelow Average
22-Jul-08CitigroupDowngradeHoldSell
22-Jul-08NeedhamDowngradeBuyHold
22-Jul-08DavenportDowngradeStrong BuyNeutral
18-Jul-08Caris & CompanyInitiatedAbove Average
24-Jun-08Cowen & CoInitiatedUnderperform
20-Jun-08CitigroupDowngradeBuyHold
16-Jun-08JMP SecuritiesUpgradeMkt UnderperformMkt Perform
16-May-08JMP SecuritiesDowngradeMkt PerformMkt Underperform
15-May-08NeedhamUpgradeHoldBuy
11-Apr-08Broadpoint CapitalInitiatedNeutral
20-Mar-08JP MorganDowngradeOverweightNeutral
11-Feb-08Caris & CompanyInitiatedSell
30-Jan-08UBSInitiatedNeutral
12-Oct-07Needham & CoDowngradeBuyHold
11-Oct-07OppenheimerDowngradeBuyNeutral
10-Sep-07Lazard CapitalInitiatedBuy
3-Aug-07Cowen & CoInitiatedNeutral
18-Jul-07JP MorganUpgradeNeutralOverweight
16-Jul-07CIBC Wrld MktsUpgradeSector PerformSector Outperform
16-Jul-07UBSDowngradeBuyNeutral
2-Jul-07CIBC Wrld MktsDowngradeSector OutperformSector Perform
28-Jun-07Needham & CoInitiatedBuy
22-May-07Matrix ResearchDowngradeBuyHold
2-May-07DavenportInitiatedStrong Buy
24-Apr-07CitigroupUpgradeHoldBuy
20-Mar-07CIBC Wrld MktsUpgradeSector PerformSector Outperform
13-Mar-07UBSUpgradeNeutralBuy
12-Mar-07OppenheimerUpgradeNeutralBuy
8-Mar-07Matrix ResearchUpgradeHoldStrong Buy
26-Feb-07Nollenberger CapitalInitiatedNeutral
22-Feb-07WR HambrechtDowngradeBuyHold
20-Feb-07Robert W. BairdDowngradeOutperformNeutral
20-Feb-07Goldman SachsUpgradeNeutralBuy
13-Nov-06UBSDowngradeBuyNeutral
8-Nov-06Caris & CompanyDowngradeBuyAbove Average
23-Oct-06Matrix ResearchUpgradeSellHold
20-Oct-06CitigroupDowngradeBuyHold
20-Oct-06OppenheimerDowngradeBuyNeutral
12-Oct-06CIBC Wrld MktsDowngradeSector OutperformSector Perform
6-Sep-06Matrix ResearchDowngradeHoldSell
24-Aug-06Caris & CompanyUpgradeAbove AverageBuy
18-Aug-06Matrix ResearchDowngradeBuyHold
10-Aug-06Piper JaffrayInitiatedOutperform
31-Jul-06CIBC Wrld MktsUpgradeSector PerformSector Outperform
25-Jul-06Robert W. BairdUpgradeNeutralOutperform
25-Jul-06JMP SecuritiesUpgradeMkt UnderperformMkt Perform
20-Jul-06Deutsche SecuritiesUpgradeSellHold
12-Jul-06Matrix ResearchUpgradeHoldBuy
15-Jun-06UBSUpgradeNeutralBuy
14-Jun-06Goldman SachsUpgradeUnderperformIn-Line
5-Jun-06Bear StearnsUpgradePeer PerformOutperform
17-May-06Kaufman BrosInitiatedHold
9-May-06WR HambrechtUpgradeHoldBuy
4-Apr-06Caris & CompanyUpgradeAverageAbove Average
3-Apr-06Goldman SachsDowngradeIn-LineUnderperform
15-Mar-06Pacific CrestUpgradeSector PerformOutperform
27-Feb-06CitigroupUpgradeHoldBuy
17-Jan-06CitigroupDowngradeBuyHold
13-Jan-06Bear StearnsDowngradeOutperformPeer Perform
11-Jan-06JP MorganDowngradeOverweightNeutral
9-Jan-06OppenheimerUpgradeNeutralBuy
20-Dec-05JMP SecuritiesInitiatedMkt Underperform
15-Dec-05CitigroupUpgradeHoldBuy
5-Dec-05WR HambrechtDowngradeBuyHold
29-Nov-05Am Tech/JSA ResearchUpgradeHoldBuy
16-Nov-05OppenheimerInitiatedNeutral
15-Nov-05Deutsche SecuritiesDowngradeHoldSell
7-Nov-05Robert W. BairdDowngradeOutperformNeutral
21-Oct-05UBSUpgradeReduceNeutral
19-Oct-05UBSDowngradeNeutralReduce
6-Oct-05CitigroupDowngradeBuyHold
6-Oct-05CE Unterberg TowbinDowngradeBuyMarket Perform
13-Sep-05Thomas WeiselUpgradePeer PerformOutperform
8-Sep-05Am Tech/JSA ResearchDowngradeBuyHold
1-Sep-05UBSDowngradeBuyNeutral
18-Aug-05Deutsche SecuritiesInitiatedHold
22-Jul-05Smith Barney CitigroupUpgradeSellBuy
19-Jul-05Bear StearnsUpgradePeer PerformOutperform
14-Jul-05Am Tech/JSA ResearchInitiatedBuy
27-May-05Robert W. BairdInitiatedOutperform
4-Apr-05Bear StearnsUpgradeUnderperformPeer Perform
18-Mar-05UBSInitiatedBuy
26-Jan-05CIBC Wrld MktsDowngradeSector OutperformSector Perform
10-Jan-05CE Unterberg TowbinUpgradeMarket PerformBuy
21-Dec-04Merrill LynchInitiatedBuy
12-Oct-04Smith Barney CitigroupDowngradeHoldSell
9-Jul-04CSFBInitiatedOutperform
30-Jun-04Pacific CrestDowngradeOutperformSector Perform
15-Jun-04Smith Barney CitigroupInitiatedHold
17-May-04Goldman SachsDowngradeOutperformIn-Line
13-May-04CIBC Wrld MktsInitiatedSector Outperform
12-Apr-04CE Unterberg TowbinInitiatedST Buy
23-Mar-04RBC Capital MktsInitiatedOutperform
13-Jan-04Morgan StanleyUpgradeUnderweightEqual-weight
19-Dec-03Goldman SachsUpgradeIn-LineOutperform
3-Nov-03Goldman SachsInitiatedIn-Line
6-Oct-03Pacific CrestInitiatedBuy
20-Feb-03WR HambrechtInitiatedBuy
10-Dec-02Thomas WeiselDowngradeBuyMkt Perform
28-Oct-02Morgan StanleyDowngradeEqual-weightUnderweight
24-Jun-02Investec IncInitiatedBuy
5-Mar-02Morgan StanleyUpgradeNeutralOutperform
21-Sep-01Merrill LynchDowngradeNT Accum/LT BuyNT Neut/LT Accum
22-Jun-01Thomas WeiselInitiatedBuy
19-Apr-01First Union SecDowngradeBuyMkt Perform
28-Mar-01UBS PaineWebberDowngradeBuyHold
25-Jan-01Mrgn Stnly Dn WttrDowngradeOutperformNeutral
21-Dec-00Merrill LynchDowngradeNT BuyNT Accum
30-Nov-00UBS WarburgInitiatedBuy
14-Mar-00Merrill LynchUpgradeNT AccumNT Buy
27-Jan-00Robertson StephensUpgradeBuyStrong Buy
13-Dec-99Goldman SachsDowngradeTrading BuyMarket Outperform
15-Oct-99Goldman SachsUpgradeMarket OutperformTrading Buy
15-Jul-99Merrill LynchUpgradeNT AccumNT Buy
22-Feb-99First Union Cap MktsUpgradeOutperformBuy
14-Jan-99Merrill LynchUpgradeNT NeutralNT Accumulate
13-Jan-99Wheat First UnionUpgradeHoldOutperform

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