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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
11-May-12BMO Capital MarketsUpgradeMarket PerformOutperform
13-May-11DA DavidsonUpgradeNeutralBuy
22-Oct-10KeyBanc Capital MktsInitiatedHold
27-Feb-09BMO Capital MarketsDowngradeOutperformMarket Perform
6-Mar-07Goldman SachsDowngradeBuyNeutral
28-Feb-07Calyon SecuritiesDowngradeAddNeutral
26-Feb-07Nollenberger CapitalDowngradeBuyNeutral
19-Dec-06CitigroupDowngradeBuyHold
5-Dec-06Susquehanna FinancialDowngradePositiveNeutral
5-Dec-06Bear StearnsDowngradeOutperformPeer Perform
5-Dec-06Banc of America SecDowngradeBuyNeutral
22-Sep-06WachoviaDowngradeOutperformMkt Perform
12-Apr-06Calyon SecuritiesDowngradeBuyAdd
6-Apr-06Morgan StanleyDowngradeOverweightEqual-weight
10-Jan-06Nollenberger CapitalInitiatedBuy
20-Dec-05CIBC Wrld MktsUpgradeSector PerformSector Outperform
18-Oct-05Harris NesbittDowngradeOutperformNeutral
29-Jul-05CIBC Wrld MktsUpgradeSector UnderperformSector Perform
29-Jul-05KeyBanc Capital Mkts / McDonaldDowngradeBuyHold
12-Jan-05Bear StearnsInitiatedOutperform
6-Jan-05Morgan StanleyUpgradeEqual-weightOverweight
14-Dec-04CIBC Wrld MktsDowngradeSector PerformSector Underperform
4-Aug-04Lehman BrothersInitiatedEqual-weight
21-Apr-04Smith Barney CitigroupUpgradeHoldBuy
2-Feb-04CIBC Wrld MktsUpgradeSector UnderperformSector Perform
30-Jan-04Morgan StanleyUpgradeUnderweightEqual-weight
29-Jan-04Wells Fargo SecUpgradeHoldBuy
12-Dec-03Blaylock & PartnersInitiatedBuy
21-Nov-03Bear StearnsInitiatedOutperform
14-Nov-03CIBC Wrld MktsDowngradeSector PerformSector Underperform
1-Jul-03Morgan StanleyInitiatedUnderweight
24-Apr-03JP MorganDowngradeOverweightNeutral
7-Mar-03PrudentialUpgradeHoldBuy
29-Jan-03Credit Lyonnais SecUpgradeHoldAdd
23-Sep-02UBS WarburgUpgradeHoldBuy
6-Aug-02Deutsche SecuritiesInitiatedStrong Buy
24-Jul-02Dresdner Klnwrt WassUpgradeAddBuy
29-May-02FulcrumInitiatedBuy
11-Apr-02JP MorganInitiatedBuy
10-Apr-02Credit Lyonnais SecDowngradeAddHold
20-Mar-02Merrill LynchUpgradeNT NeutralNT Buy
20-Mar-02McDonald InvstUpgradeHoldBuy
16-Jan-02Robertson StephensUpgradeMkt PerformStrong Buy
15-Jan-02Credit Lyonnais SecDowngradeBuyAdd
9-Jan-02PrudentialInitiatedHold
6-Nov-01UBS WarburgDowngradeBuyHold
8-Oct-01Credit Lyonnais SecUpgradeAddBuy
26-Jul-01Gerard Klauer MattisonDowngradeNeutralUnderperform
26-Jul-01CIBC Wrld MktsDowngradeBuyHold
26-Jul-01Bear StearnsDowngradeBuyAttractive
6-Mar-01Credit Lyonnais SecInitiatedAdd
5-Mar-01Credit Lyonnais SecInitiatedAdd
24-Jan-01WF Van KasperDowngradeBuyAccumulate
24-Jan-01CIBC Wrld MktsDowngradeStrong BuyBuy
21-Dec-00Merrill LynchDowngradeNT AccumNT Neutral
19-Dec-00Lehman BrothersDowngradeBuyOutperform
14-Dec-00UBS WarburgDowngradeStrong BuyBuy
8-Dec-00McDonald InvstDowngradeAggressive BuyHold
5-Dec-00FS Van KasperInitiatedBuy
13-Sep-00Deutsche Bc Alex. BrInitiatedBuy
31-Aug-00Roberston StephensDowngradeBuyLT Attractive
3-Aug-00W.R. HambrechtDowngradeStrong BuyMkt Neutral
21-Jul-00Lehman BrothersUpgradeOutperformBuy
28-Jun-00W.R. HambrechtInitiatedStrong Buy
2-Jun-00PaineWebberInitiatedBuy
2-May-00Wasserstein PerellaInitiatedBuy
2-May-00CIBC Wrld MktsInitiatedBuy
24-Apr-00Merrill LynchUpgradeNT AccumNT Buy
4-Feb-00PrudentialUpgradeAccumulateStrong Buy
26-Jan-00McDonald InvstUpgradeBuyAggressive Buy
17-Dec-99Schroder & CoUpgradeOutperformOutperf. Signif.
17-Dec-99PrudentialUpgradeAccumulateStrong Buy
13-Oct-99Goldman SachsUpgradeTrading BuyRecommended List
6-Oct-99Salomon Smth BrnyInitiatedOutperform
28-Sep-99Schroder & CoUpgradePerform-In-LineOutperform
24-Sep-99PrudentialInitiatedAccumulate
14-Sep-99Schroder & CoDowngradeOutperformPerform-In-Line
18-Aug-99Lehman BrothersInitiatedOutperform
4-Aug-99DLJUpgradeMarket PerformBuy
27-Jul-99Schroder & CoInitiatedOutperform
16-Jul-99Merrill LynchUpgradeLT AccumLT Buy
15-Jul-99Goldman SachsInitiatedTrading Buy
17-Jun-99CIBC World MarketsUpgradeBuyStrong Buy
10-Jun-99Banc of America SecInitiatedBuy
9-Jun-99Bear StearnsUpgradeAttractiveBuy
17-Mar-99Merrill LynchInitiatedNT Buy/LT Accum
17-Mar-99BB Rbrtsn StphnsUpgradeMkt PerformBuy
6-Nov-98CIBC OppenheimerUpgradeHoldBuy
5-Nov-98BT Alex. BrownUpgradeMkt PerformBuy
4-Nov-98CS First BostonUpgradeHoldBuy
4-Nov-98Bear StearnsUpgradeNeutralAttractive
21-Sep-98BB Rbrtsn StphnsInitiatedMkt Performer
10-Aug-98Salomon Smth BrnyUpgradeNeutralBuy

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