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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    29-Jan-15Maxim GroupDowngradeBuyHold
    29-Jan-15NeedhamDowngradeBuyHold
    6-Nov-14CRT CapitalInitiatedBuy
    25-Jun-14H.C. WainwrightDowngradeBuyNeutral
    6-Jan-14UBSUpgradeNeutralBuy
    30-Oct-13Summer Street ResearchDowngradeBuyNeutral
    22-Aug-13OppenheimerInitiatedOutperform
    19-Apr-13Canaccord GenuityUpgradeHoldBuy
    10-Apr-13Chardan Capital MarketsInitiatedBuy
    7-Feb-13Robert W. BairdInitiatedOutperform
    28-Nov-12ArgusDowngradeBuyHold
    4-Oct-12ArgusInitiatedBuy
    27-Jun-12Maxim GroupInitiatedBuy
    8-May-12NeedhamUpgradeHoldBuy
    9-Dec-11Barclays CapitalInitiatedOverweight
    8-Nov-11Robert W. BairdDowngradeOutperformNeutral
    7-Nov-11RBC Capital MktsDowngradeOutperformSector Perform
    4-Oct-11JMP SecuritiesUpgradeMkt PerformMkt Outperform
    24-May-11MP AdvisorsDowngradeOutperformMarket Perform
    4-May-11Brean MurrayDowngradeBuyHold
    24-Feb-11WedbushUpgradeNeutralOutperform
    28-Jan-11Brean MurrayInitiatedBuy
    7-Oct-10Dawson JamesInitiatedBuy
    8-Sep-10JMP SecuritiesDowngradeMkt OutperformMkt Perform
    26-May-10Mehta PartnersUpgradeMarket PerformOutperform
    26-May-10WedbushUpgradeUnderperformNeutral
    4-May-10Mehta PartnersInitiatedMarket Perform
    12-Apr-10JP MorganDowngradeOverweightNeutral
    1-Feb-10OppenheimerUpgradePerformOutperform
    17-Nov-09MerrimanDowngradeBuyNeutral
    30-Oct-09Deutsche SecuritiesInitiatedBuy
    9-Oct-09RBC Capital MktsInitiatedOutperform
    18-Mar-09Wedbush MorganInitiatedBuy
    4-Mar-09ThinkEquityUpgradeSource of FundsAccumulate
    27-Jan-09ThinkEquityInitiatedSource of Funds
    25-Nov-08Credit SuisseInitiatedOutperform
    30-Oct-08Merriman Curhan FordInitiatedBuy
    27-Oct-08Susquehanna FinancialUpgradeNeutralPositive
    26-Sep-08NeedhamUpgradeHoldBuy
    25-Sep-08JMP SecuritiesUpgradeMkt PerformMkt Outperform
    3-Sep-08OppenheimerDowngradeOutperformPerform
    5-Jun-08Cowen & CoUpgradeNeutralOutperform
    4-Jun-08JMP SecuritiesDowngradeMkt OutperformMkt Perform
    21-May-08Pacific Growth EquitiesInitiatedBuy
    1-Apr-08Robert W. BairdUpgradeNeutralOutperform
    1-Apr-08WachoviaUpgradeUnderperformMkt Perform
    31-Mar-08Susquehanna FinancialUpgradeNeutralPositive
    12-Mar-08Lazard CapitalUpgradeSellHold
    11-Mar-08Merriman Curhan FordInitiatedNeutral
    29-Jan-08JMP SecuritiesInitiatedMkt Outperform
    24-Jan-08CitigroupDowngradeBuyHold
    16-Jan-08Banc of America SecUpgradeNeutralBuy
    15-Jan-08Robert W. BairdInitiatedNeutral
    3-Jan-08WachoviaDowngradeMkt PerformUnderperform
    13-Dec-07Lazard CapitalInitiatedSell
    5-Nov-07Rodman & RenshawDowngradeMkt OutperformMkt Perform
    19-Oct-07Cowen & CoDowngradeOutperformNeutral
    28-Sep-07BMO Capital MarketsInitiatedOutperform
    8-Aug-07Cowen & CoInitiatedOutperform
    26-Jun-07Stifel NicolausUpgradeHoldBuy
    23-Apr-07Needham & CoDowngradeBuyHold
    16-Apr-07Maxim GroupDowngradeHoldSell
    27-Mar-07CIBC Wrld MktsInitiatedSector Outperform
    12-Mar-07Banc of America SecUpgradeSellNeutral
    16-Jan-07Susquehanna FinancialUpgradeNegativeNeutral
    14-Dec-06Maxim GroupDowngradeBuyHold
    13-Dec-06Banc of America SecDowngradeNeutralSell
    1-Dec-06Rodman & RenshawInitiatedMkt Outperform
    21-Nov-06Susquehanna FinancialInitiatedNegative
    20-Sep-06UBSUpgradeNeutralBuy
    13-Sep-06WachoviaInitiatedMkt Perform
    7-Sep-06Maxim GroupInitiatedBuy
    25-Aug-06UBSUpgradeNeutralBuy
    24-May-06Banc of America SecUpgradeSellNeutral
    12-Apr-06Piper JaffrayUpgradeMarket PerformOutperform
    3-Mar-06Deutsche SecuritiesInitiatedBuy
    8-Feb-06Bear StearnsDowngradeOutperformPeer Perform
    14-Dec-05Goldman SachsUpgradeUnderperformIn-Line
    21-Nov-05Banc of America SecDowngradeNeutralSell
    9-Nov-05Leerink SwannInitiatedOutperform
    9-Nov-05CitigroupInitiatedBuy
    12-Oct-05Bear StearnsUpgradePeer PerformOutperform
    29-Sep-05PrudentialInitiatedOverweight
    19-Aug-05JP MorganUpgradeNeutralOverweight
    8-Jul-05Banc of America SecInitiatedNeutral
    20-May-05Needham & CoDowngradeBuyHold
    20-May-05Morgan StanleyUpgradeUnderweightEqual-weight
    21-Apr-05Needham & CoInitiatedBuy
    14-Apr-05Adams HarknessInitiatedBuy
    11-Jan-05Bear StearnsUpgradeUnderperformPeer Perform
    5-Jan-05CSFBInitiatedOutperform
    23-Jun-04Merrill LynchUpgradeSellNeutral
    1-Jun-04BernsteinUpgradeMkt PerformOutperform
    16-Dec-03Deutsche SecuritiesInitiatedHold
    12-Nov-03UBSDowngradeBuyNeutral
    11-Nov-03Legg MasonDowngradeBuyHold
    11-Nov-03JP MorganDowngradeNeutralUnderweight
    23-Jul-03Legg MasonInitiatedBuy
    1-Jul-03Legg MasonInitiatedBuy
    22-May-03JMP SecuritiesInitiatedMkt Perform
    15-Apr-03Morgan StanleyInitiatedUnderweight
    8-Aug-02UBS WarburgInitiatedBuy
    30-Jul-02Bear StearnsInitiatedNeutral
    4-Feb-02Merrill LynchInitiatedNT Buy/LT Buy
    5-Dec-01Banc of America SecInitiatedBuy
    13-Nov-01Morgan StanleyInitiatedNeutral
    31-Oct-01Gerard Klauer MattisonInitiatedBuy
    24-Oct-01Goldman SachsInitiatedMkt Outperform
    26-Sep-01Dresdner Klnwrt WassInitiatedBuy
    24-Sep-01Robertson StephensDowngradeStrong BuyBuy
    24-Sep-01SG CowenDowngradeBuyNeutral
    21-May-01Robertson StephensUpgradeBuyStrong Buy
    16-Mar-01PrudentialInitiatedStrong Buy
    14-Feb-01CSFBInitiatedBuy
    3-Nov-00JP MorganDowngradeBuyLT Buy
    28-Sep-00Chase H&QInitiatedBuy
    10-Mar-00JP MorganUpgradeMkt PerformBuy
    8-Sep-99Needham & CoInitiatedBuy
    2-Sep-99CSFBInitiatedBuy
    23-Jun-99JP MorganInitiatedMkt Perform
    8-Mar-99Cowen & CoInitiatedBuy
    2-Feb-99Lehman BrosDowngradeOutperformNeutral
    4-Aug-98Vector SecuritiesUpgradeNeutralAttractive
    25-Jun-98CS First BostonInitiatedHold
    19-May-98Merrill LynchInitiatedAccumulate

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