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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
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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