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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
18-Apr-13RBC Capital MktsUpgradeSector PerformOutperform
6-Mar-13OppenheimerInitiatedOutperform
16-Oct-12Robert W. BairdDowngradeOutperformNeutral
4-Oct-12RBC Capital MktsDowngradeOutperformSector Perform
2-Jul-12Deutsche BankDowngradeBuyHold
26-Aug-10Dahlman RoseInitiatedHold
1-Jul-10UBSUpgradeNeutralBuy
20-May-10Stifel NicolausUpgradeHoldBuy
15-Apr-10Piper JaffrayUpgradeNeutralOverweight
15-Apr-10William BlairUpgradeMkt PerformOutperform
9-Feb-10ArgusUpgradeHoldBuy
3-Feb-10Deutsche BankUpgradeHoldBuy
13-Jan-10RBC Capital MktsUpgradeSector PerformOutperform
4-Jan-10Robert W. BairdUpgradeNeutralOutperform
13-Nov-09Piper JaffrayInitiatedNeutral
1-Oct-09Deutsche SecuritiesInitiatedHold
14-Sep-09Credit SuisseUpgradeUnderperformNeutral
9-Sep-09JP MorganUpgradeNeutralOverweight
23-Jun-09Jesup & LamontUpgradeHoldBuy
30-Apr-09Jesup & LamontInitiatedHold
24-Apr-09Credit SuisseDowngradeNeutralUnderperform
4-Feb-09Morgan KeeganUpgradeMkt PerformOutperform
9-Dec-08JP MorganDowngradeOverweightNeutral
17-Sep-08Stifel NicolausDowngradeBuyHold
8-Jul-08Stifel NicolausUpgradeHoldBuy
24-Jun-08Robert W. BairdDowngradeOutperformNeutral
8-Apr-08Avondale PartnersInitiatedMkt Perform
10-Jan-08Bear StearnsUpgradePeer PerformOutperform
11-Dec-07William BlairInitiatedMkt Perform
23-Aug-07Matrix ResearchUpgradeHoldBuy
26-Apr-07Stifel NicolausDowngradeBuyHold
9-Feb-07Robert W. BairdUpgradeNeutralOutperform
13-Nov-06CitigroupInitiatedBuy
13-Oct-06Morgan StanleyInitiatedEqual-weight
13-Sep-06Banc of America SecInitiatedBuy
26-Jul-06BB&T Capital MktsDowngradeBuyHold
26-Jul-06Robert W. BairdDowngradeOutperformNeutral
22-May-06Stifel NicolausUpgradeHoldBuy
11-Apr-06Lehman BrothersInitiatedOverweight
17-Jan-06CSFBUpgradeNeutralOutperform
14-Oct-05JP MorganUpgradeNeutralOverweight
17-Aug-05CSFBInitiatedNeutral
22-Jul-05Raymond JamesUpgradeMkt PerformOutperform
9-Jun-05Morgan StanleyDowngradeOverweightEqual-weight
22-Apr-05Bear StearnsDowngradeOutperformPeer Perform
18-Mar-05Raymond JamesDowngradeOutperformMkt Perform
12-Jan-05JP MorganDowngradeOverweightNeutral
12-Jan-05CSFBDowngradeOutperformNeutral
7-Jan-05Morgan StanleyUpgradeEqual-weightOverweight
16-Jul-04Deutsche SecuritiesInitiatedBuy
8-Jul-04CSFBInitiatedOutperform
1-Jun-04AG EdwardsUpgradeSellHold
5-May-04Morgan StanleyUpgradeUnderweightEqual-weight
22-Apr-04Raymond JamesUpgradeMkt PerformOutperform
26-Feb-04Smith Barney CitigroupUpgradeHoldBuy
12-Dec-03Goldman SachsInitiatedOutperform
24-Nov-03Robert W. BairdUpgradeNeutralOutperform
16-Oct-03JP MorganUpgradeNeutralOverweight
22-Sep-03Lazard FreresUpgradeHoldBuy
16-Sep-03Merrill LynchUpgradeNeutralBuy
15-Sep-03Lazard FreresUpgradeHoldBuy
23-Apr-03JP MorganUpgradeUnderweightNeutral
21-Apr-03AG EdwardsDowngradeHoldSell
8-Apr-03FulcrumInitiatedNeutral
26-Mar-03Lehman BrothersInitiatedEqual-weight
13-Mar-03Merrill LynchDowngradeNeutralSell
19-Feb-03Robert W. BairdInitiatedNeutral
17-Dec-02UBS WarburgInitiatedHold
23-Oct-02Deutsche SecuritiesDowngradeBuyHold
22-Oct-02JP MorganDowngradeNeutralUnderweight
17-Oct-02Goldman SachsDowngradeMkt OutperformMkt Perform
11-Oct-02Raymond JamesDowngradeOutperformMkt Perform
10-Oct-02CSFBDowngradeOutperformNeutral
7-Oct-02Morgan StanleyDowngradeEqual-weightUnderweight
26-Aug-02Morgan StanleyDowngradeOverweightEqual-weight
10-Jul-02Deutsche SecuritiesUpgradeBuyStrong Buy
31-May-02Bear StearnsUpgradeNeutralBuy
18-Apr-02PrudentialInitiatedBuy
15-Mar-02JP MorganUpgradeLT BuyBuy
7-Mar-02USB Piper JaffrayUpgradeMarket PerformOutperform
21-Dec-01USB Piper JaffrayInitiatedMarket Perform
2-Nov-01McDonald InvstInitiatedBuy
8-May-01JP MorganInitiatedLT Buy
24-Apr-01Mrgn Stnly Dn WttrDowngradeStrong BuyOutperform
23-Mar-01Raymond JamesDowngradeStrong BuyBuy
4-Jan-01Merrill LynchUpgradeNT AccumNT Buy
28-Dec-00AG EdwardsInitiatedMaintain Position
15-Dec-00Bear StearnsDowngradeAttractiveNeutral
8-Dec-00Wasserstein PerellaInitiatedBuy
20-Oct-00Lazard FreresUpgradeOutperformBuy
19-Oct-00Merrill LynchUpgradeLT AccumLT Buy
13-Sep-00Mrgn Stnly Dn WttrUpgradeOutperformStrong Buy
14-Jul-00Deutsche Bc Alex. BrInitiatedBuy
8-Mar-00Goldman SachsUpgradeMarket PerformMarket Outperform
8-Mar-00Warburg Dillon ReadUpgradeBuyStrong Buy
23-Feb-00Lazard FreresInitiatedOutperform
20-Dec-99ABN AMROInitiatedHold
19-Nov-99ING BaringsInitiatedHold
19-Nov-99Goldman SachsInitiatedMarket Perform
19-Nov-99Bear StearnsInitiatedAttractive
19-Nov-99CSFBInitiatedBuy
18-Nov-99Deutsche Bc Alex. BrInitiatedMkt Perform
18-Nov-99Scott & StringfellowInitiatedHold
18-Nov-99Banc of America SecInitiatedBuy
18-Nov-99Salomon Smth BrnyInitiatedOutperform
18-Nov-99Mrgn Stnly Dn WttrInitiatedOutperform
18-Nov-99Merrill LynchInitiatedNT Accum/LT Accum
18-Nov-99Warburg Dillon ReadInitiatedBuy
18-Nov-99DLJInitiatedMarket Perform

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