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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    28-Apr-16JefferiesDowngradeBuyHold
    18-Mar-16NomuraUpgradeNeutralBuy
    2-Feb-16LiberumDowngradeBuyHold
    12-Jan-16JefferiesUpgradeHoldBuy
    28-Sep-15BMO Capital MarketsInitiatedOutperform
    22-Sep-15MacquarieInitiatedOutperform
    22-Sep-15Societe GeneraleUpgradeHoldBuy
    21-Sep-15Tudor PickeringDowngradeBuyAccumulate
    22-May-15JP MorganUpgradeNeutralOverweight
    1-May-15BernsteinDowngradeOutperformMkt Perform
    21-Apr-15Credit SuisseUpgradeNeutralOutperform
    23-Feb-15Scotia Howard WeilUpgradeSector PerformSector Outperform
    15-May-14RBC Capital MktsDowngradeOutperformSector Perform
    8-Jan-14Howard WeilDowngradeSector OutperformSector Perform
    6-Dec-13HSBC SecuritiesInitiatedOverweight
    3-Dec-12Deutsche BankUpgradeHoldBuy
    4-Mar-11Howard WeilUpgradeMarket PerformMarket Outperform
    14-Dec-10JefferiesInitiatedBuy
    20-Apr-10CitigroupUpgradeHoldBuy
    19-Jan-10Collins StewartUpgradeHoldBuy
    14-Dec-09Barclays CapitalDowngradeOverweightEqual Weight
    17-Sep-09Collins StewartDowngradeBuyHold
    16-Sep-09Credit SuisseUpgradeUnderperformNeutral
    3-Aug-09UBSDowngradeBuyNeutral
    23-Feb-09Barclays CapitalInitiatedOverweight
    6-Feb-09CitigroupUpgradeHoldBuy
    13-Nov-08CitigroupDowngradeBuyHold
    11-Apr-08JP MorganDowngradeOverweightNeutral
    15-Jan-08Credit SuisseDowngradeOutperformNeutral
    8-Nov-07JP MorganUpgradeNeutralOverweight
    18-Jul-07JP MorganDowngradeOverweightNeutral
    18-Dec-06Friedman BillingsDowngradeMkt PerformUnderperform
    1-Mar-06Goldman SachsDowngradeOutperformIn-Line
    16-Feb-06Credit SuisseDowngradeOutperformNeutral
    28-Sep-05Friedman BillingsDowngradeOutperformMkt Perform
    27-Sep-05JP MorganDowngradeOverweightNeutral
    19-Nov-04Banc of America SecInitiatedBuy
    8-Oct-04Bear StearnsUpgradePeer PerformOutperform
    10-Aug-04Smith Barney CitigroupDowngradeBuyHold
    9-Feb-04Goldman SachsUpgradeIn-LineOutperform
    6-Jan-04Goldman SachsDowngradeOutperformIn-Line
    27-Jun-03Bear StearnsInitiatedPeer Perform
    15-Apr-03Banc of America SecInitiatedNeutral
    18-Dec-02Lehman BrothersUpgradeEqual-weightOverweight
    15-Oct-02Lehman BrothersDowngradeOverweightEqual-weight
    9-Sep-02Lehman BrothersUpgradeEqual-weightOverweight
    17-May-02JP MorganDowngradeLT BuyMkt Perform
    21-Feb-02Lehman BrothersDowngradeBuyMkt Perform
    16-Nov-01Deutsche Bc Alex. BrDowngradeBuyMkt Perform
    15-Aug-01JP MorganUpgradeLT BuyBuy
    20-Sep-00Lehman BrothersDowngradeOutperformNeutral
    15-Jun-00JP MorganDowngradeBuyLT Buy
    8-Feb-00Goldman SachsInitiatedRecommended List
    6-Dec-99PaineWebberInitiatedAttractive
    3-Nov-99Merrill LynchInitiatedNT Buy/LT Buy
    15-Sep-99Merrill LynchInitiatedNT Buy/LT Buy
    20-Apr-99DLJDowngradeBuyMkt Perform
    23-Dec-98Goldman SachsUpgradeMkt PerformMkt Outperform
    15-Dec-98Lehman BrosDowngradeOutperformNeutral
    2-Dec-98Salomon Smth BrnyDowngradeOutperformSell
    9-Sep-98BT Alex. BrownUpgradeBuyStrong Buy

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