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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    19-Jan-16DundeeUpgradeNeutralBuy
    13-Nov-15Credit AgricoleUpgradeUnderperformOutperform
    15-Sep-15BofA/MerrillUpgradeNeutralBuy
    16-Jul-15BofA/MerrillDowngradeBuyNeutral
    17-Jun-15DundeeInitiatedNeutral
    4-Aug-14DA DavidsonUpgradeNeutralBuy
    28-Jan-13RBC Capital MktsDowngradeOutperformSector Perform
    17-Jul-12BMO Capital MarketsDowngradeMarket PerformUnderperform
    6-Jul-12DA DavidsonDowngradeBuyNeutral
    5-Mar-12BMO Capital MarketsUpgradeUnderperformMarket Perform
    31-Oct-11Deutsche BankUpgradeSellHold
    12-Aug-11RBC Capital MktsUpgradeUnderperformSector Perform
    10-Aug-11UBSUpgradeSellNeutral
    5-Aug-11DA DavidsonUpgradeNeutralBuy
    27-May-11Deutsche BankDowngradeHoldSell
    7-Feb-11UBSDowngradeNeutralSell
    7-Feb-11McAdams Wright RagenDowngradeBuyHold
    7-Feb-11RBC Capital MktsDowngradeSector PerformUnderperform
    6-Jan-11DA DavidsonDowngradeBuyNeutral
    10-Dec-10Stifel NicolausInitiatedHold
    8-Dec-10UBSDowngradeBuyNeutral
    12-Jul-10UBSUpgradeNeutralBuy
    6-May-10ArgusUpgradeHoldBuy
    28-Apr-10Credit SuisseDowngradeNeutralUnderperform
    12-Apr-10UBSDowngradeBuyNeutral
    8-Feb-10Credit SuisseUpgradeUnderperformNeutral
    2-Nov-09Credit SuisseUpgradeUnderperformNeutral
    4-Aug-09Credit SuisseDowngradeNeutralUnderperform
    28-Apr-09Deutsche SecuritiesDowngradeBuyHold
    16-Mar-09Deutsche SecuritiesUpgradeHoldBuy
    2-Jun-08LongbowDowngradeBuyNeutral
    2-Jun-08Deutsche SecuritiesDowngradeBuyHold
    11-Mar-08UBSUpgradeNeutralBuy
    25-Sep-07LongbowInitiatedBuy
    14-Sep-07Banc of America SecUpgradeNeutralBuy
    13-Aug-07McAdams,Wright,RagenUpgradeHoldBuy
    30-Jul-07DA DavidsonUpgradeNeutralBuy
    4-Apr-07UBSUpgradeReduceNeutral
    8-Mar-07BMO Capital MarketsDowngradeMarket PerformUnderperform
    7-Mar-07UBSDowngradeNeutralReduce
    14-Feb-07BMO Capital MarketsDowngradeOutperformMarket Perform
    12-Feb-07DA DavidsonDowngradeBuyNeutral
    5-Feb-07BMO Capital MarketsUpgradeMarket PerformOutperform
    17-Jan-07UBSDowngradeBuyNeutral
    3-Jan-07BMO Capital MarketsUpgradeUnderperformMarket Perform
    18-Dec-06Matrix ResearchDowngradeBuyHold
    15-Dec-06Deutsche SecuritiesUpgradeHoldBuy
    17-Nov-06Deutsche SecuritiesDowngradeBuyHold
    24-Jul-06Morgan StanleyDowngradeOverweightEqual-weight
    27-Jun-06UBSUpgradeNeutralBuy
    25-May-06DA DavidsonUpgradeNeutralBuy
    10-Mar-06CIBC Wrld MktsUpgradeSector UnderperformSector Perform
    4-Jan-06JP MorganUpgradeUnderweightNeutral
    29-Jul-05Morgan StanleyUpgradeEqual-weightOverweight
    19-Jul-05UBSDowngradeBuyNeutral
    25-May-05Smith Barney CitigroupUpgradeHoldBuy
    22-Apr-05Smith Barney CitigroupDowngradeBuyHold
    1-Oct-04Buckingham ResearchDowngradeAccumulateNeutral
    30-Jun-04CSFBUpgradeUnderperformNeutral
    14-May-04Deutsche SecuritiesUpgradeHoldBuy
    11-Feb-04Banc of America SecInitiatedNeutral
    3-Oct-03Deutsche SecuritiesDowngradeBuyHold
    9-Sep-03OppenheimerInitiatedBuy
    19-Aug-03Morgan StanleyInitiatedEqual-weight
    19-Aug-03DA DavidsonDowngradeBuyNeutral
    25-Jun-03Goldman SachsInitiatedIn-Line
    28-Apr-03CSFBDowngradeNeutralUnderperform
    28-Apr-03JP MorganDowngradeNeutralUnderweight
    19-Feb-03Goldman SachsUpgradeIn-LineOutperform
    6-Dec-02Morgan StanleyDowngradeOverweightEqual-weight
    25-Sep-02CSFBUpgradeUnderperformNeutral
    16-Jul-02PrudentialUpgradeHoldBuy
    6-May-02UBS WarburgUpgradeBuyStrong Buy
    24-Apr-02JP MorganUpgradeMkt PerformLT Buy
    13-Mar-02PrudentialInitiatedHold
    19-Feb-02ABN AMROUpgradeAddBuy
    30-Jan-02DA DavidsonDowngradeStrong BuyBuy
    11-Jan-02ABN AMROUpgradeHoldAdd
    18-Oct-01Merrill LynchUpgradeNT AccumNT Buy
    31-Jul-01CIBC Wrld MktsInitiatedHold
    8-Jun-01ABN AMROInitiatedHold
    19-Dec-00Lehman BrothersInitiatedBuy
    30-Oct-00Deutsche Bc Alex. BrUpgradeMkt PerformBuy
    10-Oct-00JP MorganInitiatedMkt Perform
    23-May-00Deutsche Bc Alex. BrDowngradeBuyMkt Perform
    9-Mar-00CSFBDowngradeBuyHold
    23-Feb-00DLJUpgradeMarket PerformBuy
    15-Feb-00Warburg Dillon ReadUpgradeHoldBuy
    8-Feb-00Merrill LynchUpgradeNT NeutralNT Accum
    29-Oct-99Merrill LynchUpgradeNT NeutralNT Accum
    8-Oct-99Deutsche Bc Alex. BrUpgradeMkt PerformBuy
    27-Sep-99JP MorganUpgradeMkt PerformBuy
    1-Sep-99PaineWebberUpgradeAttractiveBuy
    23-Jun-99Merrill LynchInitiatedNT Neut/ LT Neut
    22-Jun-99PaineWebberUpgradeNeutralAttractive
    20-May-99ABN AMROInitiatedOutperform
    19-Jan-99JP MorganDowngradeBuyMkt Perform
    25-Jun-98JP MorganUpgradeMkt PerformerBuy
    8-Apr-98Goldman SachsUpgradeMkt PerformRecomm. List
    7-Apr-98Goldman SachsUpgradeMkt PerformRecomm. List
    6-Apr-98Goldman SachsUpgradeMkt PerformRecomm. List
    3-Apr-98Goldman SachsUpgradeMkt PerformRecomm. List
    2-Apr-98Goldman SachsUpgradeMkt PerformRecomm. List
    1-Apr-98Goldman SachsUpgradeMkt PerformRecomm. List

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